81979-CW Multi-unit Tax Franchises in Virginia!

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Asking Price:
$2,300,000

Gross Revenue:
$2,000,000
Cash Flow:
$590,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
$150,000
included in asking price

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Business Description

Motivated seller: This existing business consists of multiple territories with 22+ tax preparation franchise locations under current ownership for the past two decades. These locations consist of multiple storefronts and kiosks in major retail chain stores. This semi-absentee owner business is operated by an experienced manager with 10 plus 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 prepares and support staff during busy season.

*SBA Pre-approved!

About the Business

Year Established:
1992
Number of Employees:
2
Real Estate:
Leased
Facilities:
Long time ownership. Expanded operations by opening new locations and acquiring territories year round. Eliminated all marginal stores yearly. Looking to sell due to other business interest.
Market Outlook/
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.
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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1388212
Ad Detail Views:
1436

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Business Listed by

Cobus van der Watt

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA

U.S. Census Data for Virginia
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Virginia
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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