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Mr. Rahill's former offices and expanded them by
approximately 500 square feet.
In a separate agreement, petitioner leased all of the
equipment and furniture that Mr. Rahill had used in his
practice, including a large computer, a small computer,
desks, and various and sundry other office equipment.
The lease required petitioner to pay $500 per month to
Mr. Rahill for a term of 4 years.
At the end of each of the 5 years following the
agreement, the number of listed clients who no longer
retained petitioner, the percentage that that number
represents of 206, and the revenues received from the
remaining clients expressed as a percentage of the gross
receipts realized by Mr. Rahill in the year prior to the
sale, $267,664.20, are as follows:
Revenue from
Remaining Listed
Clients as a
Percent of
Gross Receipts
Number of Listed Percentage in the Year
Period Clients Lost Lost Prior to Sale
9/87--8/88 65 31.55 51.9
9/88--8/89 21 10.19 59.6
9/89--8/90 10 4.85 61.4
9/90--8/91 7 3.40 68.0
9/91--8/92 2 .97
105 50.96
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Last modified: May 25, 2011