60739-RF Tax Franchises Texas

TX

Seller Financing Available
60739-RF Tax Franchises Texas

Asking Price:$1,600,000

Cash Flow:$683,742

Gross Revenue:$2,463,507

EBITDA:N/A

FF&E:$400,000

Inventory:$1,000

Established:1998

60739-RF Tax Franchises Texas

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Business Description

This existing business consists of multiple territories with 20+ tax preparation franchise locations under current ownership for last two decades. These locations consist of multiple storefronts and kiosks in major retail chain stores. This absentee owner business is operated by an experienced manager with 18 years of continued service to the company. Manager handles the overall daily operation with support from small staff that has extensive experience in tax preparation business. The management team handles marketing, managing, and operating all stores and kiosks. The business hires 100+ part time employees, tax preparers and support staff during busy season.

New owner receives tremendous support from the National Franchisor organization. Franchisor is the world leader with multiple decades of operational experience and provides continuous training, technology assistance, national advertising and supervision expertise.

Detailed Information

Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Current absentee owners purchased initial territories in 1998. Expanded operations by opening new locations and acquiring territories. Eliminated marginal stores last year. Looking to sell due to other business interest.
Competition:
Local tax preparation offices and online services.
Growth & Expansion:
Offer additional professional services to consumers and businesses in the territories. Expand advertising and marketing budget to drive higher traffic to stores and kiosks.
Financing:
400000
Support & Training:
4 weeks
Reason for Selling:
other interests

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Russell Fergusson

Business Listed By:
Russell Fergusson

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:
Transworld Business Advisors CEO, Rupesh Bharad

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