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Suffolk and Queens County New York Practice Fact Sheet

Practice Fact Sheet:

Long Island and Queens County, New York
Supplied by New Clients, Inc.

Gross Annual Billings:

$457,157

Net Profit:

$159,950 (After national tax franchise add back of $118,820 = $278,770)

Purchase Price:

$685,731– Financing available to qualified applicants. Various programs available. Call for details.

Year Established:

1995

Accounting, bookkeeping, Compilations:

Income Tax:

Individuals: 1038 Avg Fee: $441 Total: $457,157
     

Employees:

Various seasonal employees have been with company 2 to 7 years.

Computer Software:

Drake

Description of clientele:

80% of clients are early season rapid refund loan clients, single working mothers.

Description of Area:

Four locations are in Suffolk county and three in Jamaica Queens.

Jamaica Queens, New York Practice Fact Sheet

Practice Fact Sheet:

Jamaica Queens, New York
Supplied by New Clients, Inc.

Total Gross Income:

$535,696

Net Profit:

$350,000

Purchase Price:

$813,000 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established:

2008

Accounting, bookkeeping, Compilations:

Monthly Clients:  30 Avg Fee:    Total: $200,000

Income Tax:

Individuals: 532 Avg Fee:     Total:$156,496
Businesses: 153 Avg Fee:     Total:$179,200

Part-time Employees:

Use overseas processing and 1 employee part-time after tax season as well as 1 clerical person.

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:

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