Liberty Tax Service Franchise

Ferndale, MI (Oakland County)

Seller Financing Available
Liberty Tax Service Franchise

Asking Price:$149,999

Cash Flow:$50,000

Gross Revenue:$150,865

EBITDA:N/A

FF&E:N/A

Inventory:$1,000*

Rate/Sq. Ft.:$14.80

Established:2008

*not included in asking price.

Liberty Tax Service Franchise

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Business Description

Busy Location Ran Absentee! Cash Flow 50k!

This is a great opportunity to own a successful Liberty Tax Franchise. Currently this location is run absentee and the owner still cash-flows about $50,000 per year. Most of the profit is made during tax season, which runs from January through April. The franchise offers other ways to make money all year long but current owner has chosen to focus only on the tax returns. New owner can also increase sales by getting more involved in community functions. The transfer fee is $5,000.00 and includes one week of training in Virginia Beach, Virginia. Current owner will also train in-store for 2 weeks after franchise training and approval.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Expiration:
5/31/2018
Employees:
1 FT, 5 PT
Facilities:
Great location in Downtown Ferndale. Parking is available right in front of the building.
Competition:
This is not the only game in town, but it has maintained solid numbers for the past 5 years.
Growth & Expansion:
There is plenty of room for growth since it's been run absentee for the past 5 years. New owner could do some creative community marketing to gain new customers.
Financing:
$70,000 Down 4 year Term
Support & Training:
This is a Franchise so corporate will train new owner. Current owner is willing to train for 2 weeks at no additional charge, if we close before the busy season. Current owner has other locations.
Reason for Selling:
Partner is retiring
Business Website:
http://www.libertytaxfranchise.com/franchise-business-opportunities/

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Nadir Jiddou

Business Listed By:
Nadir Jiddou

Locations Commercial Real Estate Services

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Sponsoring Broker:
Paul Bensman

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