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Liberty Tax Service Business For Sale
Location Utah,United States
Asking Price Range < $250K
Gross Revenues $20000
Net Profit / Cash Flow $10000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2009
Number of Employees 1 - 3
Inventory 2000
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Description I would like to sell one of my territories for the Liberty Tax Service Franchised. This territory is in South Jordan. The territory has the rights of all of South Jordan. The business has been in operation for 6 months. The selling price is $44,000. This includes the business sign, two computers, two desks, and two chairs. Start up franchise costs are around $44,000 without the inventory. This business would include clients and the price is the same as though it didn't have clients. We did over 100 tax returns this year. This is a great opportunity! This is an email I just received about our business compared to one of our competitors:
As many of you may know by now, Jackson Hewitt announced their fiscal 2010 results today. And, while they made a valiant effort to spin some things to look positive, overall the news was as we expected, very bad. In the financials that were posted on the internet today Jackson Hewitt's auditors said ''the uncertainty regarding the Company's ability to have sufficient funding to meet its obligations raises substantial doubt about its ability to continue as a going concern.' A company is required to disclose in their financials whether there are any factors that may put the company's status as a going concern in doubt. Clearly, this has happened to Jackson Hewitt.
Perhaps even more important is that Liberty Tax Service had a higher profit than Jackson Hewitt for the fiscal year which makes us #2 in profit and the fastest growing (21st Century) in the tax industry. An amazing accomplishment and we have you our franchisees and employees to thank. The coming tax season looks to hold a lot of opportunity for Liberty Tax Service so hang on and enjoy the journey.
Email or call Brandon at 801.718.5368 for more information on this Liberty Tax Service business for sale.
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