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Tax Services Franchise

Washington, DC (District of Columbia County)

Tax Services Franchise

Asking Price: $195,000

Gross Income: $270,000

Cash Flow: $100,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Real Estate: N/A

Established: 1995

Employees: ft 2, pt 7

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Business Description

Join one of the most successful Tax Preparation services franchise.
Business was established in 1995 by current owner. Franchisee is busy
during tax seasons and the rest of the year is time to relax and get ready
for next season. Franchisor requires to have office open only one day
per week after tax season is over. Employees are well trained and have
been with this company for many years. Franchisor has all the tools you
need to continue a uccessful operation. More than 20,000 clients have
been served with average fee of $300 per client. Business is located on
a busy street and growing area with mix of residential and commercial.
This is a fantastic opportunity for someone who wants to enjoy his life
and work hard only few month of the year. Owner has enjoyed good
earning out of this business for 17 years. The average fee collected for
each client is $300. This franchise has served over 20,000 clients.

Detailed Information

Inventory:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The office is located in a busy street with mix of commercial and residential. Office is around 1,350 sq.ft and ccommodate all employees. Everything is computerized and connected to a server.
Competition:
There are some other tax servoces in Washington, DC. However, this business has an advance technology and software with over 20,000 clients being served. Experienced and knowledgeable employees have attracted more new clients as a result of referral from existing customers.
Growth & Expansion:
The Franchise territory is one of the oldest one with a large area. Owner has a chance to open additional offices in Franchise territory. Networking and more effective marketing could increase the revenue and bottom line.
Financing:
Owner shall provide $95,000 financing with 7% for 4 years to qualifed Buyer.
Support & Training:
All employees are trained and being with owner for so many years. Business has a manager, assistant manager, and 7 seasonal tax preparer. Owner shall provide extensive training during transition period and also Franchisor has great training for new owner.
Reason for Selling:
Owner wishes to enjoy her retirement with her family.

Listing Status for Premium Members

Ad#: 667306

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Contact the Seller

from currently available funds
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Majid (Mike) Zarinbaksh, MBA, CBI, M&AMI Candidate

Business Listed By:
Majid (Mike) Zarinbaksh, MBA, CBI, M&AMI Candidate

Sunbelt Business Advisors

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Memberships & Certifications:
Indicates membership in The Mid-Atlantic Business Intermediaries Association (MABIA).


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