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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