South San Francisco, CA, Practice Fact Sheet

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PRACTICE FACT SHEET: South San Francisco, California
Supplied by New Clients, Inc.

General Location: South San Francisco, California
Year Established: 2000

Purchase Price: $849,120 – Financing available to qualified applicants. Various programs available. Call for details.

Please note the payroll portion of this practice {330,000} is being valued at two times gross which is an accepted industry standard when valuing payroll clients.

Accounting, Bookkeeping, Compilations
Monthly Clients: 34 Avg Fee:$270 Total:$110,160
Quarterly Clients: Avg Fee: Total:
Annual Clients: Avg Fee: Total:
Income Tax:
Individuals: 60 Avg Fee:$240 Total:$14,400
Businesses: 64 Avg Fee:$790 Total:$50,560
Total:$14,000
Other Services:
Payroll Services                                                Total:$330,000
Total Gross Income: $519,120

Equipment:$40k included in sale price (if take over office lease)

Full-Time Employee:  3
Part-Time Employees: 3

Seller is requesting the following additional information from buyer:

Interested Parties Should Contact:
Bruce Clark
1-800-338-0778
E-mail: bruce@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.

Sincerely,

Bruce J. Clark
Chief Executive Officer