Montgomery, Alabama Practice Fact Sheet

Montgomery, Alabama
Supplied by New Clients, Inc.

Total Gross Income:

$1,098,015

Net Profit:

$280,000  estimated (including owner add backs)

Purchase Price:

$1.1 million – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:

1979

Accounting, bookkeeping, Compilations:

Income Tax:

Other Services

Full-time Employees:

6

Part-time Employees:

5

Practice can be run remotely as there are 5 remote workers and 6 locals.

Computer Software:

Ultra Tax, Xero Accounting, XPM Project Management, Doc.it Document Management.

Description of Clientele:

Small to medium businesses, primarily service businesses.  Churches, restaurants, many S Corps with 1-2 owners, many located outside our geographic area.  Office in Bham, AL (100 miles north) growing tax and accounting clients.

Description of Area:

Montgomery is the capital of Alabama.  Montgomery has Hyundai Motor Company plant and dozens of related suppliers that have fueled the local economy.  We have an active Chamber of Commerce, Maxwell Air Force Base and Gunner Air Force Base.  Every officer in the Air Force comes to schools at these bases at least twice in their career.  Climate and cost of living make Montgomery a desirable retirement location.

Other Information:

We would offer as a package our sister company which was started 2014 and offers network solutions, managed services, low voltage camera installation and maintenance and VOIP phone systems.

Sales:

2021 $499,764
2022 $750,357
2023 $950,000 projected

5 FT employees, no debt

Seller is requesting the following additional information from buyer:

• 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.

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