Jacksonville, FL /Sale Pending

Practice Fact Sheet:
Jacksonville, Florida

Total Gross Income: $953,735
Net Profit: $618,290 includes Owner add backs
Purchase Price: $1,239,000– Financing available to qualified applicants. Various programs available. Call for details.
Year Established: 1998

Accounting, bookkeeping, Compilations + Payroll Taxes:
Monthly Clients: 17 Avg. Fee: $400 Total: $ 81,420
Quarterly Clients: 10 Avg. Fee: $400 Total: $ 16,040
Annual Clients: 35 Avg. Fee: $ 830 Total: $ 29,000
Payroll Tax: 57 Avg. Fee: $ 605 Total: $ 34,460

Income Tax:
Individuals: 850 Avg. Fee: $511 Total: $434,004
Businesses: 281 Avg. Fee: $810 Total: $227,713
Other: 64 Avg. Fee: $580 Total: $ 26,096

Audits, Reviews:
Audit Total:$ 31,200
Review Total: $ 7,500
Compilation Total: $4,000

Other Services:
EPTC, Tax Planning Total:$ 21,681
Sales Tax Prep Total: $ 9,484
Ameriprise Commissions Total: $10,530

Full-time Employees: 1
Part-time Employees: 1 + 1 independent contractor

Computer Software: MS Office, Thomson Reuters Suite, QuickBooks

Description of Clientele: Small businesses, individuals, some audit, review & compilation engagements.

Description of Area: Fast growing area of Jacksonville, including Northwest St. John’s County.

Seller is requesting the following additional information from buyer:
Confidentiality Agreement
Financial Statement