FLORIDA

Margate, Florida Practice Fact Sheet
Supplied by New Clients, Inc.

Total Gross Income:
$1,020,000

Net Profit:
$300,000 including Owner add-backs

Purchase Price:
$1,000,000 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:
1982

Accounting, bookkeeping, Compilations:
Income Tax:
Individuals: 710 Avg. Fee: $ 450 Total: $ 328,000;
Businesses: 270 Avg Fee: $1,100 Total: $ 360,000;
Other 1041, 706, 1040NR Avg Fee: $1,300 Total: $ 54,000.
Other Services
QuickBooks
P/R + S/Tax
Gen Liab & Workers’ Comp Audits
Incorps, S-elections- SS-4’s
W-2’s, 1099’s, year-end payroll Total: $ 278,000
Full-time Employees:
6

Part-time Employees:
2

Computer Software:
Ultra tax, Accounting CS, Imagine Time, Profit Developers

Description of Clientele:
Small to medium-sized business, Individual tax clients, Estates and Trusts.

Seller is requesting the following additional information from buyer:
Confidentiality Agreement
Financial Statement