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Richmond, Indiana Practice Fact Sheet

Practice Fact Sheet:

Richmond, IN
Supplied by New Clients, Inc.

Gross Revenue:

$850,000

Net Profit:

$233,125

Purchase Price:

$850,000 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:

1994

Accounting:

Monthly Clients: 25 Avg Fee: $320 Total: $ 96,000
Annual Clients: 16 Avg Fee:$1,000 Total: $ 16,000

Income Tax:

Individuals: 1,000 Avg Fee: $ 372 Total: $372,000
Businesses: 190 Avg Fee: $1,000 Total: $190,000
Other: 50 Avg Fee: $ 600 Total: $ 30,000

Reviews

Only two reviews performed in recent years Total: $ 8,000

Other Services:

Payroll processing and prep of payroll returns Total: $102,000
Software support Total: $ 25,000
Miscellaneous (Sales tax, etc,) Total: $ 11,000

Total Gross Income:

$850,000

Full-Time Employees:

5

Part-Time Employees:

1

Computer Software:

Thomson Reuters CS Professional Suite (Ultra Tax, File Cabinet, Practice, Fixed Assets, Planner); Thomson Reuters Checkpoint “Research; Sage 50 Accountant Edition; QuickBooks (desktop and online); Microsoft Office

Description of Clientele:

Variety of entity types and industries: manufacturing, construction, hotels, sales and service, restaurants, taverns, agricultural including several large farming operations, a few non-profits, etc.

Description of Area:

Multi-office firm located in Richmond, IN area between Dayton, OH and Cincinnati, OH.

Seller is requesting the following additional information from buyer:

Once the above items are provided to NCI, I will arrange a mutually convenient time to view this practice. Any questions, please call.

For more information please contact:

Chris Clark
Practice Sales Specialist
New Clients Inc.
Cell phone: 856-404-0949
chrisclarknci@gmail.com

Sincerely,
Chris Clark
Practice Sales Specialist