New Clients, Inc.SW Seattle, Washington Practice Fact Sheet
Practice Fact Sheet:
SW Seattle, Washington
Supplied by New Clients, Inc.
Gross Annual Billings:
$1,036,003
Net Profit:
$374,193 with owner addbacks
Purchase Price:
$1,500,000 – Call for details– Financing available to qualified applicants. Various programs available. Call for details.
Year Established:
2005
Accounting, Bookkeeping, Compilations:
| Monthly Clients: 87 | Avg. Fee: $605 | Total: $631,848 |
| Quarterly Clients: 3 | Avg. Fee: $1,230 | Total: $ 14,760 |
| Annual Clients: 2 | Avg. Fee: $2,000 | Total: $ 4,000 |
Income Tax:
| Individuals: 520 | Avg. Fee: $ 477 | Total: $248,170 |
| Businesses: 110 | Avg. Fee: $1,143 | Total: $125,725 |
| Other: 8 | Avg. Fee: $ 750 | Total: $ 6,000 |
Other Services:
| Business Incorporation | Total: $ 1,450 |
| Certification | Total: $ 4,050 |
Full-time Employees:
5
Computer Software:
Accounting CS, QuickBooks, Lacerte, and Drake
Description of clientele:
We cater to small business clients in construction, restaurants, and other service industries in the area of monthly bookkeeping, payroll, and taxes. We prepare tax returns for their businesses, and also personal tax returns for the owners, and close family members. Other tax clients include referrals, and walk-ins.
Other Information:
65% of the business is comprised of monthly or quarterly or annual write-up (bookkeeping) clients. This guarantees a steady stream of monthly income supplemented by annual tax revenue, and occasional certification and 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
