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Retail Tax Preparation Business

Mobile, AL (Mobile County)

Retail Tax Preparation Business
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Asking Price: $130,000

Cash Flow: $77,852

Gross Revenue: $155,310

EBITDA: N/A

FF&E: N/A

Inventory: $500

Rent: $1 /Month

Established: 1999

Retail Tax Preparation Business

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Business Description

Seasonal service business known for outstanding and knowledgeable staff and exceptional customer service. Business has been at the same location for over 15 years, with a strong customer base that comes back year after year. The staff is well trained and the owner would be willing to stay on to help transition the business. The Seller states that marketing was limited last year, so there is upside with new owner who came up with a strong marketing plan. The Seller will help train, as well as the Franchisor who has a very well established training program for the new owner and staff. The new owner could be hands on or focus on just managing the operation.

Detailed Information

Location:
Mobile, AL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
10/31/2018
Employees:
5 Contract
Facilities:
This is a leased location of 2,000 square feet with a Total Rent of $24,000 (annually). Lease ends 10/2018 with options that can be discussed with the landlord. Seller is active in the business with 5 Independent Contractors. Hours of operation are 70 hours a week Jan - Mid April, 9 hours a week Mid-Apr - Dec. $500+ in Inventory included in Asking Price. Assets include franchise territory.
Support & Training:
1 week at Corp., Owner willing to talk about a transition period.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Tim Johnson

Business Listed By:
Tim Johnson

First Choice Business Brokers of Hampton Roads

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