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Hudson County Accounting Services

Hudson County, New Jersey

Asking Price: Gross: Cash Flow:
$125,000 $168,000 $131,846

Furniture and Fixtures Value:
$7,500 (included in the asking price)

Inventory Value:
$500 (included in the asking price)

Business Summary:
All figures documented and verified by income tax – at present business shows a positive cash flow/net income of over $130,000 – this figure can be increased to well over $150,000 – by serious owner/operator. If some buyer were to have basic accounting skills – income can be increased by over 20%. If purchaser were a CPA net income has to soar to over $200,000 by doing income taxes from present clientele. At present this basically absentee business has 4 part time employees. Three can be eliminated by serious owner/operator who wishes to put in the time. Owner at one time operated this growing business until recently when owner purchased much larger business in different field in NYC and has no time to go back and direct this service business. This form of data business can easily pick up customer base and enhance dollar volume by owner operator with basic accounting skills – this can be topped by buyer who is a CPA – quite easy to do income tax preparation of present clientele to bring total net cash flow to well over $200,000. For further information, please contact 908-851-9040.

 
   
   
Year Business was Established: 1997
   
Number of Employees: 4  
   
Facilities / Terms of Lease: 700 sq. ft. of activity best way to describe facility – since landlord is present business owner lease (length of time and options available at buyer’s request).  
   
Potential Growth/Expansion: Going out of clientele to bring information back to office/internet advertising – joining civic clubs build up data bases of potential clientele.  
   
Competition: An aggressive owner/operator can do whatever business they are willing to assume in this type of environment.  
   
Owner willing to finance: Owner will take financing for $95,000 at negotiable rate and time.  
   
Owner willing to train: Two weeks – Owner will stay involved to tell clients new owner is an associate – owner lives at house where office is leased.  
 

 

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