Asking Price: $1,819,500 Gross Revenue: $1,701,086Cash Flow: $574,886 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $50,000 included in asking priceReal Estate: Not Disclosed Share 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 NECCESSARY
This business has had solid year-after-year growth for the past 4 years straight. The owners saw upside in implementing more efficient operating procedures, and put those plans in action.
The business runs smoothly with managers in each of the 16 locations. These locations are spread between North Carolina and Virginia. 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.
Call to receive a company profile video and a detailed financial packet on this exciting listing. You'll love these numbers.
About the Business
Wake Forest, North Carolina
Number of Employees:
60 Seasonal Emp
Growth & Expansion:
Seller realizes the business could greatly benefit an owner who will continue the path of efficiency and growth with processes implemented. With the ever-increasing complexities of tax code, the need for this service will continue to make it a recession-proof business with many growth opportunities. This business is highly scalable and can easily be grown. Services that are currently not offered can be added to gain substantial increases in revenue. Such services include:
**SBA Pre-Approved** Tax Franchise - Multi Location
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 & Conditions.