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SW Seattle, Washington Practice Fact Sheet

Practice Fact Sheet:

Seattle, Washington
Supplied by New Clients, Inc.

**All numbers are approximate due to seller acquiring a tax practice in late 2023.

Gross Annual Billings:

$1.7mm projected for 2024

Net Profit:

$600,000 projected for 2024 with owner addbacks

Purchase Price:

$2.4mm  – Call for details– Financing available to qualified applicants. Various programs available. Call for details.

NOTE: A special additional value of this practice includes NCI’s premiere marketing program, which includes a seasoned and experienced salesperson and lead generation team.

Year Established:

2005

Accounting, Bookkeeping, Compilations:  

Monthly Clients: 88 Avg. Fee: $623 Total: $657,500

Income Tax:

Individuals: 820 Avg. Fee: $ 571 Total: $468,510
Businesses: 169 Avg. Fee: $1,135 Total: $191,899

Other Services:

Non Profit: 6 Avg. Fee: $1,710 Total: $ 10,260
Fiduciary: 26 Avg. Fee: $  644 Total: $ 16,751

Above numbers are TTM totals as of April and so do not represent the full scope of projected billings for 2024.

Full-time Employees:

8

Computer Software:

Accounting CS, QuickBooks, Lacerte, and Drake

Description of clientele:

Small business clients in construction, restaurants, and other service industries.  48% of the business is comprised of monthly write-up (bookkeeping) clients.  This guarantees a steady stream of monthly income supplemented by annual tax revenue and occasional certification and other ancillary income.

Description of Area:

The office is located south of Seattle on Puget Sound.  It’s very close to SeaTac airport with easy access to the Freeways.

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.

Interested Parties Should Contact:

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

Sincerely,
Chris Clark
Practice Sales Specialist