Seller Financing Available

Asking Price:

$75,000

Gross Income:

$85,000

Cash Flow:

$25,000

FF&E:

$7,000.00 *

Inventory:

N/A

Real Estate:

N/A

Year Established:

1995

Employees:

1

Business Types:

Miscellaneous Services
Other Business Services

* included in the asking price

Business Description

Own or lease the building and join one of the most successful Tax Preparation services franchise. Business was established in 17 years ago 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 maintain office open only one day a week after tax season. Franchisor has all the tools you need to continue a successful operation. Business is located in a busy street and growing area with mix of residential and commercial. The average fee collected for each client is sround $300. Owner owns real estate and willing to sell or lease with a good term.

Detailed Information

Facilities:

The business is conducted from a street front building with basement, middle, and second floor. Seller may sell the property for $350,000 or can be leased with a negotiable term. Area is growing very fast with mix of commercial and residential.

Competition:

There are some other tax services businesses in DC, but the name of this franchise has a good reputation, this franchise has established itself for 17 years.

Growth/Expansion:

Owner is in retirement age and facing some health issue, the business needs and energetic and motivated owner to take it to new level.

Financing:

Owner is willing to provide $35,000 financing with 7% for 36 month

Support/Training:

Franchisor and owner shall provide training to new owner.

Reason Selling:

Retirement and health issue after 17 years of operation.

Broker Information

Majid (Mike) Zarinbaksh, MBA, CBI, M&AMI Candidate

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