Retail Tax Preparation Business

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Asking Price:
$130,000

Gross Revenue:
$155,310
Cash Flow:
$77,852
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$500
included in asking price

FF&E:
 Not Disclosed
included in asking price

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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.

About the Business

Location:
Mobile, Alabama
Year Established:
1999
Number of Employees:
5 Contract
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$1.00 Per Month
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.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
1 week at Corp., Owner willing to talk about a transition period.

Listing Info

ID:
1541263
Ad Detail Views:
409

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Business Listed by

Tim Johnson

First Choice Business Brokers of Hampton Roads

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