Asking Price: $1,050,000 Gross Revenue: $1,574,068Cash Flow: $291,998 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $73,510 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.
One of the top tax preparation service names in the industry has become available.
With 18 years of success and 11 locations throughout upstate New York, this business has an excellent reputation with best in class products. Thousands of returns are produced and filed each year. The business also handles tax preparation and business services in the off season.
This business does not require an accountant degree to be a great operator. Don't miss this opportunity as these offices do not become available very often.
Call to get started on acquiring the #1 name in tax preparation services!
About the Business
Number of Employees:
4 FT/53 PT
The business has 2 flagship offices along with 9 in-stores for a total of 11 locations. The 9 locations are operated throughout tax season only. The 2 flagship offices are open throughout the year to service customer's accounting and tax needs.
The competition in this industry category is other franchise systems and individual accountant offices in local markets. However, this business is the #1 brand in the market and it's locations are very strong with a built-in customer market.
Growth & Expansion:
This business can be grown even further with expansion into new territories and adding additional staff. Also, a new owner can offer expanded accounting and advisory services.
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.