New Jersey Meadowlands Practice Fact Sheet
Practice Fact Sheet:
New Jersey Meadowlands, New Jersey
Supplied by New Clients, Inc.
Total Gross Income:
$830,000
Net Profit:
$242,842 includes Owner add backs
Purchase Price:
$1,037,500 – Financing available to qualified applicants. Various programs available. Call for details.
Year Established:
1993
Accounting, bookkeeping, Compilations + Payroll Taxes:
| Monthly Clients: 70 | Avg. Fee: $4,000 | Total: $280,000 |
| Quarterly Clients: 8 | Avg. Fee: $1,000 | Total: $ 8,000 |
| Annual Clients: 40 | Avg. Fee: $1,000 | Total: $ 40,000 |
Income Tax:
| Individuals: 700 | Avg. Fee: $414 | Total: $290,000 |
| Businesses: 95 | Avg. Fee: $1,158 | Total: $110,000 |
| Other: Estates | Avg. Fee: $3,333 | Total: $ 10,000 |
Audits, Reviews:
| 3 Reviews | Total:$ 33,000 |
Other Services:
| Consulting, tax Planning, Tax Resolution | Total:$ 22,000 |
| Organizational (Formations Dissolutions, etc.) | Total:$ 15,000 |
| Year End Fees | Total:$ 22,000 |
Full-time Employees:
4
Computer Software:
Ultra Tax, QuickBooks & Accounting CS; transitioning for times billing from practice CS to Karbon; File Cabinet CS
Description of Clientele:
Very diversified clientele with no particular niche. We have small clients like hair salons & pizzerias, to larger distributors and factories with tens of millions in sales.
Description of Area:
Located within the New Jersey Meadowlands, a town just west of New York City. With numerous transportation options, it is only minutes from Manhattan via bus, train, or car. We are in one of the most suburban of Hudson County’s municipalities, though large parts of the town are dedicated to light manufacturing, retail, and transportation uses, as well as protected areas.
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.
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
1-856-304-1035
E-mail: [email protected]
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
New Clients, Inc.
