Jackson Hewitt Franchise For Sale Colorado

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25% Increase in Clientel 2018 Tax Season
Asking Price:
$65,000

Gross Revenue:
$79,950
Cash Flow:
 Not Disclosed
EBITDA:
$37,500
Inventory:
 Not Disclosed

FF&E:
$6,500
included in asking price

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Business Description

This franchise opportunity is located seasonally within Wal-Mart in Trinidad, CO. We have built a good repoire with staff and client base. We get clients from New Mexico as well since there is not another JH close by. There are not many tax professionals in his area and the clients are looking for good service.

I'm selling because I live 80 miles from this location and have another location 72 miles in the opposite direction from where I live and this is located. My husband and I just purchased our first ranch and I need to be available to help him more, running 2 offices makes that difficult. The company is providing opportunity to draw clients in with pretax planning based on new tax law changes. I feel these new tax laws will bring clientele in who normally prepare their own as they will want to make sure they understand the new tax laws.

There is a huge need for accounting and payroll in this area as well. We have had several business contact us regarding additional services.

It's currently only open Dec 27 through April 15, however, with purchase, you can talk to JH about opening a store front if you choose.

Net profit is after paying 1 manager $12 k for the season and 1.5 part time staff members. If buyer can work themselves, profit could be even better for 3.5 months work.

About the Business

Year Established:
2014
Number of Employees:
2
Franchise:
Yes
Real Estate:
Leased
Lease Amount/Yr.:
$10,000.00
Facilities:
2-2 desk Kiosks included in purchase, 2 and 3 years old, value approximately $6500 total
Market Outlook/
Competition:
There is one HR Block and 2 private services. One of the 2 private services is a CPA firm.
Growth & Expansion:
As stated above, a store front option is available so you can expand services beyond tax preparation. Accounting, payroll and computer consulting would be a good addition in that area.
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About the Sale

Reason For Selling:
Distance between 2 offices and semi-retirement desires.
Training/Support:
I would be willing to consult through the first tax season after working out some sort of agreement with buyer. I have BA in Accounting and 16 years experience.

JH offers classes for free to Franchise owners and their staff through their program.

Listing Info

ID:
1386716
Ad Detail Views:
751

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Business Listed by
Nikki Shannon

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U.S. Census Data for Las Animas County, CO
Age

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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 Las Animas County, CO
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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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