MergerPlace

Established franchise tax preparation

Rochester, New York (Monroe)


  • Asking Price: $160,000
  • Gross Income: $205,095
  • Cash Flow: $59,275
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $15,000
  • Listing ID: #203252
  • Established: 2006
  • Employees: 4 FT / 2 PT

Business Description

~This is the second largest tax preparation firm in the United States.
~Includes three offices in protected territories
~Kiosks are placed at the end of Walmart checkout aisles in two of the three territories.
~An owner does not have to be a tax professional.
~This franchise has some of the best tax prep software and training courses in the industry.
~The new owner may want to open additional offices within the protected territories.
~Great staff and client retention
~This is basically a 3 ½ months per year business.


Business Details

Primary Business Category: Services - Accounting & Tax
Location: New York
Metropolitan Area: Rochester
County: Monroe

Company Information

Year Established: 2006
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 4 FT / 2 PT

Financial Information

Asking Price: $160,000
Gross Revenue: $205,095
Cash Flow: $59,275
FF&E: $15,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

One of the offices occupies 1,260 sq. ft. Kiosks are placed at the end of Walmart checkout aisles in the other two territories. $1,584/month lease (one of the three offices).

Growth & expansion opportunities:

It is highly recommended that a new owner do some local targeted advertising in each of the three territories.

Competition:

As the second largest tax preparation firm in the country, people go to them because of their long-established reputation. There are, of course, many independent tax preparers in every community.

Reason for selling:

The seller is ready to retire.

Support & Training:

The seller will provide a minimum of two weeks of training to assure a smooth transition.

Contact Business Seller

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Business Listed By:

Dave Bradia

Klassen Ingalls