State College, Pennsylvania Practice Fact Sheet

PRACTICE FACT SHEET: State College, PA
Supplied by New Clients, Inc.

Purchase Price: $750,000 – Financing available to qualified applicants. Various programs available. Call for details.

ACCOUNTING, BOOKKEEPING, COMPILATIONS

Monthly Clients: 9, Avg Fee: $63/hr, Total: $36,000
Annual Clients: 14, Avg Fee: $99/hr, Total: $10,000

Income Tax:

Individuals: 786, Avg Fee: $415, Total: $326,800
Businesses: 214, Avg Fee: $798, Total: $170,800

Other Services:

Tax Planning & Projections: Total $13,500
General Business Consulting: Total $16,300
Special Projects: total $14,200
Audit Assurance: total $ 38,900
Other: Total $520

Total Gross Income: $627,020

Description of area: Centre County is a county located in the U.S. state of Pennsylvania. As of the 2010 census, the population was 153,990.  Centre County has ranked as the 2nd fastest growing county in Pennsylvania.

Centre County is home to more than 2,000 businesses representing a variety of industry sectors. As evident by its location within the I-99 Innovation Corridor, the county boasts a number of specialized life sciences, high tech and advanced manufacturing companies, while retail, health care and education are major employers. In addition, construction, agriculture and transportation are industry strengths.

Beautiful rolling mountains, broad valleys, clean air, great schools and a focus on innovation -- that's Centre County. Add to that metropolitan experiences; small town charm; unique, all-season recreational activities and historic communities, and you'll understand why this central Pennsylvania haven is a great place to live, work and conduct business.

Other Information: 40% of clients drop off or mail in tax and accounting work to office.  Strengths of practice: customer service, personal attention, year round tax planning and preparation. Knowledge of small/medium size businesses and willingness to share that knowledge. Strong social media presence and professional website. Located near The Pennsylvania State University (major university). Relationships with attorneys, and financial service & insurance providers. Steady referrals from network of professional providers and existing clients.

General description of clientele: Small to medium size businesses with operations in construction, retail, high technology, residential & commercial rentals, manufacturing, etc.  Individuals: as owners/shareholders of corporations, limited liability companies, and partnerships; high net worth clients; those with rental and consulting businesses; faculty at major university. Typically file in 25+ states.

Seller is requesting the following additional information from buyer:

Interested Parties Should Contact:
Bruce Clark
1-856-304-1035
E-mail: [email protected]

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

Sincerely,

Bruce J. 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