Practice Fact Sheet – New York, New York

New York NY
Supplied by New Clients, Inc.

Total Gross Income:

$1,366,192

Net Profit:

$703,436 with Owner add backs

Purchase Price:

$2.6 million – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:

1994

Est # of clients

Individual – 700
Corporate – 100
Partnerships – 65
Fiduciary – 1041 – 45

Tax Returns – $717,000
Annual Write-Up & Taxes – $195,000
Semi-annual write-up & Taxes – $240,000
Quarterly write-up & Taxes – $66,000
Monthly write-up & Taxes – $69,000
Review, Consulting & Taxes – $26,000
Other – $53,000

Currently 1 review and 1 compilation

Description of clients:  

Deal with clients in all areas, no audits and SEC work.  Many high net worth professional – attorney, doctors.  Other clients are golf ranges, production, insurance, real estate, other professionals, wood working, travel, restaurants, appliance sales, etc.

Full-time Employees:

4

Computer Software:

Ultratax Software, QuickBooks, CFS-Payroll System

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