#5383 - Vero Beach - FLORIDA

Vero Beach, Florida Practice Fact Sheet Supplied by New Clients, Inc. Total Gross Income: $236,839 Net Profit: $195,500 includes Owner add backs Purchase Price: $296,050 – Financing available to qualified applicants. Various programs available. Call for details. Year Established: 2004 Accounting, Bookkeeping, Compilations: Monthly Clients: 6 Avg. Fee: $295 Total: $21,240 Quarterly Clients: 3 Avg. Fee: $665 Total: $ 7,980 Income Tax: Individuals: 263 Avg. Fee: $ 628 Total: $165,215 Businesses: 37 Avg. Fee: $ 902 Total: $ 33,369 Other (Form 1041): 3 Avg. Fee: $1,131 Total: $ 3,395 Other Services: 4 payroll clients using QuickBooks Online Payroll Total:$5,640 annual Computer Software: Drake Software (tax preparation), QuickBooks & QuickBooks online, TaxTools by CFS, Microsoft 365, TaxRight (1099 preparation and filing) Description of Clientele: Payroll clients enter their own payroll information into QuickBooks online payroll. We provide support if the have any questions or need to add a new employee to the payroll system. Two quarterly bookkeeping clients enter their own information into QuickBooks Desktop and provide us with a backup copy of their QuickBooks. The other quarterly client enters their information into QuickBooks Online. We look at the accounting for tax planning purposes and help with any accounting entries they have questions on, The business returns consist of (1) C corporation, (1) 990PF, (30) S-corporations, and (5) Partnerships. Tax return copies are maintained in Drake Documents as PDF files. Description of Area: Vero Beach and the surrounding Indian River County offer a stable and mature economic environment for professional services. Characterized by regulated development an a high-net-worth demographic, the region has avoided the high-density urbanization of South Florida, maintaining a professional landscape highly conducive to long-term accounting and advisory relationships. The region has seen steady, manageable growth over the last five years, largely driven by domestic migration. The county features a significant concentration of retirees and semi-retired professionals. The local economy is anchored by a mix of specialized manufacturing, healthcare, and professional services. The firm is situated in a professional complex that offers a central, accessible base for both mainland and beachside clientele. To help us better serve you and your needs, please fill out our Buyer Inquiry Form found on our webpage newclientsinc.com. Once the above items are provided to NCI, I will arrange a mutually convenient time to view this practice. Any questions, please call.