New Clients, Inc.Vero Beach, Florida Practice Fact Sheet
Practice Fact Sheet:
Vero Beach, FL
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 and 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.
Buyer Inquiry:
To help us better serve you and your needs, please fill out the below form.
Once the above items are provided to NCI, I will arrange a mutually convenient time to view this practice. Any questions, please call.
Interested Parties Should Contact:
Bruce Clark
1-856-304-1035
E-mail: bruce@newclientsinc.com
Sincerely,
Bruce Clark, CEO
Author, NCI Effect, Explosive Client Growth Plan for Accountants and CPAs
Beyond the NCI Effect, Sales Strategies That Matter to Grow an Accounting Practice
Author of the ebook, The Seven Secrets to Selling Your Practice on Your Terms
