NEW YORK

Suffolk County, New York Practice Fact Sheet
Supplied by New Clients, Inc.

Total Gross Income:
$890,000

Net Profit:
$739,000 with Owner add backs

Purchase Price:
$1,100,000 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:
1991

Accounting, bookkeeping, Compilations:
Monthly Clients: 31; Avg Fee: $500; Total: $198,600;
Quarterly Clients: 34; Avg Fee: $3,600; Total: $123,400
Income Tax:
Individuals: 800; Avg Fee: $ 400; Total: $345,000;
Annual Taxes Total: $100,000
Audits, Reviews
1 Review, not for profit Total:$ 6,000
Other Services
Annuals and special work Total:$ 117,000
Full-time Employees:
1

Part-time Employees:
2

Computer Software:
QuickBooks, Drake, ATX Payroll and ATX Forms

Description of Clientele:
Machine shops, Taxi, Medical, Retail, Restaurants, Landscapers, Clothing and Wholesale Bakery. Most of these clients have been with us 10 years.

Description of Area:
Suffolk County, Northshore of Long Island in the port Jefferson area. Wine country, Hamptons, Montauk and Greenport all within one hour.

Seller is requesting the following additional information from buyer which can be downloaded from our website newclientsinc.com:
Confidentiality Agreement
Financial Statement
Once the above items are provided to NCI, I will arrange a mutually convenient time to view this practice. Any questions, please call.

Any questions, please contact Chris Clark, Practice Sales Specialist, New Clients Inc using the message form below.