Seasonal Retail Tax Preparation Service Business

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Asking Price:
$125,000

Gross Revenue:
$167,004
Cash Flow:
$44,000
(Seller's Discretionary Earnings)

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

FF&E:
$53,500
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 10 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 and keep your day job!!

About the Business

Year Established:
2008
Number of Employees:
4
Franchise:
Yes
Real Estate:
Leased
Rent:
$1,750.00 Per Month
Facilities:
Well built out and equipped space, that sellers feels can handle more business without larger location. This business has been in same location for 10 years, with repeat customers, well known in community and strong anchor tenants in plaza.
Market Outlook/
Competition:
Provides high level service at a reasonable price. Unique marketing strategies to gain customers.
Growth & Expansion:
Seller states he done little marketing the past year and so new owner could have aggressive marketing to gain customers.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Seller willing to stay on in some capacity to help with the transition. Franchisor has a very well established training system that is held in VA Beach.
Seller Financing:
TBD

Listing Info

ID:
1525971
Ad Detail Views:
443

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Business Listed by

Tim Johnson

First Choice Business Brokers of Hampton Roads

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U.S. Census Data for Hampton city, Newport News city and Poquoson city Counties, VA
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Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Hampton city, Newport News city and Poquoson city Counties, VA
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

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