Franchised Tax Office For Sale
Location Arkansas,United States
Asking Price Range $250K - $500K
Gross Revenues $400000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes
Description This wonderful opportunity is for the purchase of a franchised tax office. This office is well-established, having been in town for 8 tax seasons, has a growing reputation in the town, and is filing more returns each year, doing 1000 returns this past season. Gross profit of $400,000. 15 part-time staff in the season, most of whom work each year, 10 Tax preparers and 5 marketers. Tax manager (who has effectively ran the office for 4 years) also in place. This franchise is so established it could be used as a cornerstone to building a multi franchise operation. You do not need to be a tax expert, you need to be a business person, marketer, manager. You have smart people with longevity on your team to do tax filing. To start a franchise from scratch would cost $60K franchise fee and need to buy all equipment, here is chance to grow from strength. To transfer a franchise is a $3,500 fee, and you get full training. Duties include operations with a manager in-store. Proven and successful plan for marketing. IT support year-round, franchisee support year-round, easy tax prep software and some of the best customers ever !
Purchase price includes all furniture, new computers, printers, marketing supplies, signage, alarm system, enclosed name-branded utility trailer. Inventory list available upon request.
$283,000. Will do some owner financing.
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