Asking Price: $2,350,000 Gross Revenue: $3,900,000Cash Flow: $575,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
TAX FRANCHISE ** SBA READY ** NO EXPERIENCE NECESSARY
If you're looking for a solid business with a proven track record and great growth potential, then look no further. This business provides a rare opportunity to take part in one of the largest tax franchise operations on the market today.
The business runs smoothly with managers in multiple locations. These 60 locations are spread across four states (Maryland, Virginia, West Virginia, Pennsylvania). The managers handle the daily activities and oversee their employees. This allows the owners the freedom to focus on the big picture of the business.
The franchisor is recognized as an industry leader in training, and on-boarding of new franchisees. They have an entire department specializing in training owners new to the system, and make it a very seamless process for people without industry experience. As a new owner you'll have tremendous support as part of a national franchise network with more than 6,800 franchised and company-owned locations.
Reach out to Van Daughtry today to receive a detailed financial packet on this exciting listing upon signing an NDA. This will not last long! You'll love these numbers.
About the Business
Number of Employees:
Building Sq. Ft.:
Although competition does exist, the tax business is largely driven by location and repeat customers. A majority of the business' locations have been in place for over 10 years and have developed a loyal following. Franchisor is nationally recognized and offers advertising support in addition to customer promotions and incentives.
Growth & Expansion:
Seller has done a tremendous job in building the business yet there are still many available opportunities to grow including the addition of new locations and expanded services.
*** SBA Pre-Approved *** Tax Franchise - Multi Location
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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
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