Profitable, Established Tax Prep Franchise in Growing NC Market
Business Description
Profitable, Established Tax Preparation Franchise in Growing NC Market
This is a rare opportunity to acquire a high-volume, turnkey tax preparation franchise with 20 years of strong brand presence in the heart of central North Carolina. The business boasts consistent revenue and high profit margins, averaging over 1,450 clients per year, with nearly 100% of income derived from tax preparation services. With a seasoned team, long-standing community reputation, and very limited advertising, this
location thrives on client referrals and repeat business.
The business operates with a full team of trained part-time tax professionals and administrative staff, including a key manager who oversees operations and staff training. The owner works only ~4 hours per week reviewing reports and providing high-level oversight, making this an ideal semi-absentee or owner-operator acquisition.
Franchise support includes robust software tools, national branding, and access to a proven tax school training pipeline. The facility is well maintained with an affordable lease in place through April 2026, and options to renew.
Market & Strategic Highlights:
-Proven Revenue Model: 3-year weighted average revenue of $436K and net income of $175K with low
overhead and high customer retention (~65%).
-Team in Place: 17 part-time employees, including a strong manager and assistant who handle
training, schedules, and return prep.
-Seasonal Operations: High-volume during tax season; reduced off-season hours and flexibility
for new ownership.
-Franchise Support: Franchise training and system support included. Transfer fee covered by
Seller.
-Opportunity for Expansion: Potential to add services such as bookkeeping, payroll, and business
advisory to drive year-round income.
-Community Growth: Located in a regional hub poised for expansion thanks to economic
developments such as the Toyota Battery Plant and growing demand for professional services.
This is a rare opportunity to acquire a high-volume, turnkey tax preparation franchise with 20 years of strong brand presence in the heart of central North Carolina. The business boasts consistent revenue and high profit margins, averaging over 1,450 clients per year, with nearly 100% of income derived from tax preparation services. With a seasoned team, long-standing community reputation, and very limited advertising, this
location thrives on client referrals and repeat business.
The business operates with a full team of trained part-time tax professionals and administrative staff, including a key manager who oversees operations and staff training. The owner works only ~4 hours per week reviewing reports and providing high-level oversight, making this an ideal semi-absentee or owner-operator acquisition.
Franchise support includes robust software tools, national branding, and access to a proven tax school training pipeline. The facility is well maintained with an affordable lease in place through April 2026, and options to renew.
Market & Strategic Highlights:
-Proven Revenue Model: 3-year weighted average revenue of $436K and net income of $175K with low
overhead and high customer retention (~65%).
-Team in Place: 17 part-time employees, including a strong manager and assistant who handle
training, schedules, and return prep.
-Seasonal Operations: High-volume during tax season; reduced off-season hours and flexibility
for new ownership.
-Franchise Support: Franchise training and system support included. Transfer fee covered by
Seller.
-Opportunity for Expansion: Potential to add services such as bookkeeping, payroll, and business
advisory to drive year-round income.
-Community Growth: Located in a regional hub poised for expansion thanks to economic
developments such as the Toyota Battery Plant and growing demand for professional services.
About the Business
- Years in Operation
- 20
- Number of Employees
- 17
- Facilities & Assets
- This is a leased location of 1,200 square feet with a Total monthly rent of $3,003. Lease ends 04/2026. Seller is active with 17PT employees. Hours of operation are seasonally dependent. $6,000 in FF&E included in the asking price. $4,500 made in leasehold improvements. Other Assets include marketing supplies, desks, computers, signage, and office supplies. Electronic Filing ID Number (EFIN)/Electronic Return Originator license required.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,200
- Rent
- $3,003.00 per month
- Lease Expiration
- 4/1/2026
About the Sale
- Seller Motivation
- Shifting focus to other business endeavors.
- Transition Support
- Two (2) weeks
Listing Info
- ID
- 2411768
- Listing Views
- 46
Listing ID: 2411768 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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