Sold - Manning, Sc Accounting Practice

Manning, SC

Total Gross Income: $552,147
Net Profit: $209,147 with Owner add backs

Purchase Price: $625,000 – Financing available to qualified applicants. Various programs available. Call for details.

Year Established: 1984

Accounting, bookkeeping, Compilations:
Monthly Clients: 22 Total: $ 72,649
Quarterly Clients: 12 Total: $ 11,120
Annual Clients: 23 Total: $ 16,455

Income Tax:
Individuals: 1,100 Total: $304,500
Businesses: 185 Total: $120,340

Other Services:
Late charges & Mailing fees Total: $ 5,039

Full-time Employees: 3

Computer Software: Drake Tax, QuickBooks, Microsoft Office

Description of Clientele: Mixture of small businesses and individuals. Monthly clients include bookkeeping and payroll clients. Quarterly clients are primarily payroll tax returns and a couple quarterly bookkeeping clients.

Description of Area: Practice is located in the heart of Clarendon County and is the county seat. Area residents enjoy multiple golf courses, abundant hunting and fishing, and the popular Lake Marion. Lake Marion is the largest lake in South Carolina with 315 miles of shoreline and covers approximately 110,600 acres.


Confidentiality Agreement
Financial Statement