#5359 - Sugar Land - TEXAS

Sugar Land, Texas Practice Fact Sheet: Supplied by New Clients, Inc. Total Gross Income: $782,206 Net Profit: $703,000 with Owner add backs Purchase Price: $2.1 million – Financing available to qualified applicants. Various programs available. Call for details. Year Established: 1995 Accounting, bookkeeping, Compilations: Monthly Clients: 11 Avg. Fee: $3,775 Total: $ 41,525 Annual Clients: 18 Avg. Fee: $1,140 Total: $ 20,530 Income Tax: Individuals: 124 Avg. Fee: $ 2,214 Total: $274,610 Businesses: 111 Avg. Fee: $2,012 Total: $223,405 Other: 44 Avg. Fee: $1,027 Total: $ 45,188 Audits, Reviews: 1 Small audit for US subsidiary Total: $ 6,500 Other Services: Payroll-full service, mostly 1 EE Total: $143,493 BOI Report Total: $ 740 Business Formation Total: $ 26,215 Description of clients: Mostly one-owner businesses with associated individual returns; many real estate broker clients with LLC’s/Payroll/Tax Plans. Description of area: Sugar Land is a dynamic, growing area in Fort Bend County, one of the fastest growing areas in Texas. Computer Software: Intuit Pro Series, Intuit QuickBooks Online, Intuit Online Payroll, Intuit QuickBooks Desktop Please be advised that all information provided regarding practices for sale is based on details supplied by the owners. We strongly recommend that potential buyers conduct thorough due diligence before purchasing. Interested Parties Should Contact: Bruce Clark using the message form below.