MergerPlace

Profitable Tax Office for Sale

Panama City, Florida (Bay)


  • Asking Price: $95,000
  • Gross Income: $186,410
  • Cash Flow: $85,454
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $6,000
  • Listing ID: #226109
  • Established: 2014
  • Employees: 5

Business Description

Make your living in only 4 months of the year! Profitable tax office for sale in Panama City, FL. You do not have to be an accountant to own a tax office. Turn key transfer with office, equipment, and primary staff already in place. The office is a franchise of Liberty Tax service. Liberty provides technical support along with assistance in marketing, planning, training, annual updates, advance loans for customers, and alternate sources of income. Owner only works a few hours per month in the off-season, May through November. The office has been in operation for 7 years and has grown each year. The primary function is preparing federal income tax returns for individuals and small businesses with the vast majority of returns being completed between January 15th and April 15th each year. Training for new owners is provided by Liberty Tax Service and will be backed up by the seller to allow a smooth transition.
Free standing building may also be available from the landlord for approximately $40,000.00 for a qualified buyer.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: Florida
Metropolitan Area: Panama City
County: Bay

Company Information

Year Established: 2014
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 5

Financial Information

Asking Price: $95,000
Gross Revenue: $186,410
Cash Flow: $85,454
EBITDA: $85,454
FF&E: $6,000
Seller Financing Available: Yes

Property Information

Facilities:

Free standing building.

Reason for selling:

Owner is retiring.

Support & Training:

2 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Eric Wayne

United Realty Group