Multi Location Tax Prep Company

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Business Description

This Business is a multi-location, franchised Tax Preparation Company serving the Greater Metro of Minneapolis-St. Paul. The Company has a proven marketing strategy and a database of over 10,000 past clients. The franchisor does an excellent job with brand management and training. The Business is growing quickly and has operational managers in place. The seller does not prepare returns and works 15-20 hours per week during tax season on general management.

About the Business

Number of Employees:
55
Franchise:
Yes
Facilities:
The Company operates out of leased locations with seasonal and long-term leases in place.
Market Outlook/
Competition:
This is an established, operational franchise with exclusive territories.
Growth & Expansion:
The franchisor provides excellent support, training, and marketing. Additional locations can be opened with cost benefits of a centralized appointment and processing center in place by seller.
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About the Sale

Reason For Selling:
Business in another State
Training/Support:
The seller will fully train the new owner. Managers are long term employees and fully trained
Seller Financing:
Seller will finance a portion of the sale

Listing Info

ID:
1505699
Ad Detail Views:
656
Asking Price:
$925,000

Gross Revenue:
$878,000
Cash Flow:
$240,000
EBITDA:
$240,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Mac Thelen

Opportunities In Business

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Sponsoring Broker:

Thomas Green
Opportunities In Business
License# 102872

U.S. Census Data for Anoka and Hennepin Counties, MN
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 Anoka and Hennepin Counties, MN
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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