Successful Tax Prep Business: Turnkey & Still Growing!
Business Description
Liberty Tax of Fort Collins, CO, is a well-loved, recession-resistant business that's been serving the community for 20 years. With low overhead, steady revenue growth, and flexible ownership options, this is a fantastic opportunity. Over the last 12 months, revenue grew to $202,471, with cash flow rising to $88,131—this is a business on the rise.
Located in a prime, high-visibility spot, this office has built a loyal and growing customer base. From 2023 to June 2024, completed tax returns increased by 13%, reflecting strong demand in this recession-proof industry. Boasting a 4.7-star rating on Google, customers rave about the friendly, knowledgeable staff who make tax time easy.
The business has grown on the strength of its reputation, referrals, and customer reviews. A new owner can easily build on this by investing in under-utilized marketing strategies like direct mail, waving signs, community events, and local networking to drive further growth. Adding services like Bookkeeping, Accounting, and Payroll could turn this seasonal business into a year-round operation.
The dedicated, skilled staff is a key asset, beloved by customers and ready to ensure a smooth transition for the new owner.
This opportunity stands out not just for its solid financials but for the chance to take over a business that’s truly valued by the community. With a loyal customer base, a strong team, room to grow, and seller financing available, you have everything needed for success—whether you prefer a hands-on or more relaxed approach.
Interested buyers should be prepared to meet Liberty's requirements for liquid capital, net worth, and obtaining an Electronic Filing Identification Number.
Don’t miss out on this thriving business with a great reputation. Inquire now!
Located in a prime, high-visibility spot, this office has built a loyal and growing customer base. From 2023 to June 2024, completed tax returns increased by 13%, reflecting strong demand in this recession-proof industry. Boasting a 4.7-star rating on Google, customers rave about the friendly, knowledgeable staff who make tax time easy.
The business has grown on the strength of its reputation, referrals, and customer reviews. A new owner can easily build on this by investing in under-utilized marketing strategies like direct mail, waving signs, community events, and local networking to drive further growth. Adding services like Bookkeeping, Accounting, and Payroll could turn this seasonal business into a year-round operation.
The dedicated, skilled staff is a key asset, beloved by customers and ready to ensure a smooth transition for the new owner.
This opportunity stands out not just for its solid financials but for the chance to take over a business that’s truly valued by the community. With a loyal customer base, a strong team, room to grow, and seller financing available, you have everything needed for success—whether you prefer a hands-on or more relaxed approach.
Interested buyers should be prepared to meet Liberty's requirements for liquid capital, net worth, and obtaining an Electronic Filing Identification Number.
Don’t miss out on this thriving business with a great reputation. Inquire now!
About the Business
- Years in Operation
- 21
- Number of Employees
- 7
- Franchise
- This business is an established franchise
- Facilities & Assets
- The sale price includes all of the assets required for running the business. The office comes fully furnished with equipment including desks, chairs, tables, room dividers, filing cabinets, storefront signs and Parade inflatable Lady Liberty, generator, desktop computers with monitors and keyboards, printers, scanners, and marketing signs. Value estimated at $6,000.
- Market Outlook / Competition
- Did you know that since 1861, Americans have faithfully paid income tax? That's why tax preparation franchises like Liberty Tax® offer an incredible opportunity for entrepreneurs. With a massive customer base of over 140 million individuals and 2.4 million corporations nationwide, this seasonal business is both reliable and highly profitable. Since its inception in 1998, Liberty Tax® has emerged as a leader in the tax preparation industry. It has an impressive network of 2,700 locations across the United States and Canada.
- Opportunities for Growth
- Untapped year-round revenue streams include accounting, payroll, installment loans, and tax debt relief, with new opportunities like Medicare enrollment, mortgage, and insurance services on the horizon. A new owner can boost visibility through local marketing strategies such as direct mail, waving signs, and community events. Expanding services like bookkeeping and payroll can turn this into a year-round operation. Located in a growing area, the business is well-positioned to expand into nearby territories and increase profitability.
Real Estate
- Owned or Leased
- Leased
- Rent
- $1,625.00 per month
About the Sale
- Transition Support
- Franchisor provides ongoing training & support: toll-free support desk, networking meetings with other franchisees, store visits, franchisee intranet site, professional growth & development programs, tax support information, technical support, etc. Provides technology including best in class tax software, a new mobile app to run the business, full back-office support.
- Financing Options
- Some seller financing available
Listing Info
- ID
- 2300637
- Listing Views
- 2502
Listing ID: 2300637 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 of Use. Learn how to avoid scams.
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