This is a profitable, professional, in-person full service tax preparation, seasonal franchise resale business with 2 established locations. This is the 2nd largest tax preparation company in the nation with over 30 years of experience in the industry. Today it operates more than 6,500 offices across the country and Puerto Rico, including year-round neighborhood storefronts and seasonal high-traffic kiosks in select big box stores. Their proven business model captures millions of tax returns every year.
Millions of hardworking people every year to make sure they get the biggest tax refund possible by using a trusted service. As long as there’s income tax, there will be customers.
Franchisees received the proprietary interview-based tax preparation software, competitive tax-related products and services that are proven to attract and retain customers each tax season and a multi-million-dollar national advertising campaign.
Both locations are at the opposite ends of the territory, one in the center of the city in a professionally build out office location and the other in a community shopping center big box store prominently placed to attract customers.
Services could be expanded beyond the seasonal tax time to other accounting or bookkeeping services and tax planning. According to Franchise Help Industry Reports, tax preparation is BIG business – there were 300k people employed at 109k firms in 2012 - generating $9 billion in revenue in 2012. The industry grew over 2% from 2010-2015, and is expected to speed up the pace of growth. Revenues of $11 billion are forecast for 2018. Tax preparation is unusual in that it provides a service to assist with a process that legally every American is required to do; submit an income tax return. Because it is required, tax preparation tends to be recession resistant. The industry, including other accounting services, is expected to grow by 4 percent per year through at least 2018.
There is only one other franchise that would be competition and it is within a half mile from one location and 4 miles from the other.
Owner focusing on full time business.
Will train for 2 weeks @ no cost. New franchisee will be trained to perform the tax returns on proprietary software. You do not need to be a CPA, or possess prior tax industry experience to be a franchisee. If you have strong business acumen and the financial wherewithal to expand your business you can be successful.