MergerPlace

Successful Tax & Accounting Services

New York


  • Asking Price: $1,050,000
  • Gross Income: $1,574,068
  • Cash Flow: $291,998
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $73,510
  • Listing ID: #211230
  • Established: 2000
  • Employees: 4 FT / 53 PT

Business Description

One of the top tax preparation service names in the industry has become available.

With 18 years of success and 11 locations throughout upstate New York, this business has an excellent reputation with best in class products. Thousands of returns are produced and filed each year. The business also handles tax preparation and business services in the off season.

This business does not require an accountant degree to be a great operator. Don't miss this opportunity as these offices do not become available very often.

Call to get started on acquiring the #1 name in tax preparation services!


Business Details

Primary Business Category: Services - Accounting & Tax
Location: New York

Company Information

Year Established: 2000
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 4 FT / 53 PT

Financial Information

Asking Price: $1,050,000
Gross Revenue: $1,574,068
Cash Flow: $291,998
FF&E: $73,510
Seller Financing Available: No

Property Information

Facilities:

The business has 2 flagship offices along with 9 in-stores for a total of 11 locations. The 9 locations are operated throughout tax season only. The 2 flagship offices are open throughout the year to service customer's accounting and tax needs.

Growth & expansion opportunities:

This business can be grown even further with expansion into new territories and adding additional staff. Also, a new owner can offer expanded accounting and advisory services.

Competition:

The competition in this industry category is other franchise systems and individual accountant offices in local markets. However, this business is the #1 brand in the market and it's locations are very strong with a built-in customer market.

Reason for selling:

An exciting opportunity has come available as one of the partners of this business has decided to pursue another business opportunity. The second partner is willing to stay on going forward in a similar role. The business has long time staff in place to make a transition to new ownership seamless.

Support & Training:

Will train for 2 weeks @ $0 cost. This franchise system provides best in class products and is constantly innovating. The main service provided is tax preparation and tax return filing. The business produced over 7,000 returns this past year. A true leader in all it's territories and a turnkey operation for a new owner.

Contact Business Seller

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Business Listed By:

Daz Connell

Murphy Business Brokers