Upstate New York, Practice Fact Sheet

PRACTICE FACT SHEET: Upstate, NY
Supplied by New Clients, Inc.

Year Established: 1987

Purchase Price: $275,000 – Financing available to qualified applicants. Various programs available.  Call for details.

ACCOUNTING, BOOKKEEPING, COMPILATIONS

Monthly Clients: 44,    Avg Fee: $134,     Total: $70,560
Quarterly Clients: 29,  Avg Fee: $80,       Total: $  9,320
Annual Clients: 13,       Avg Fee: $71,       Total: $     920

Income Tax:

Individuals: 715,           Ave Fee: $164       Total: $117,092
Businesses: 49,             Avg Fee: $348       Total: $  17,075
Other: 7,                         Ave Fee: $194       Total: $    1,355

Other Services: 
Incorporation service:                                  Total: $   6,996
Misc. services:                                                 Total: $   1,339                        

Total Gross Income: $224,657

Full-time Employees: 4
Part-time Employees: 1

Description of clientele:  Tax clients are middle to lower income employed and self-employed individuals.  Bookkeeping is a mix of small retail and services businesses.

Description of Area: Rural area of upstate New York.  A mix of small towns, cities and farmland.

Seller is requesting the following additional information from buyer:

Interested Parties Should Contact:
Todd Steinberg
1-800-338-0778
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,

Todd Steinberg
Executive VP of Sales & Marketing