Tax Preparation Services

Asking Price$285,000

Cash Flow
$106,469
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$306,000

InventoryNot Disclosed

FF&E$28,000
Included in asking price
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Tax Preparation Services


Asking Price$285,000

Cash Flow
$106,469
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$306,000

InventoryNot Disclosed

FF&E$28,000
Included in asking price
Business Description
Buy now before tax season starts!
SIGNIFICANT PRICE REDUCTION. ENOUGH TO COVER OFFICE RENTALS THROUGH NEXT TAX SEASON! Successful and nationally recognized personal tax preparation, business tax preparation, support and coverage, and Hispanic services. This franchise location has produced 1200 - 1400 returns per tax season in each of the last 5 years, with many repeat individual and small business clients and continues to acquire more! The owner does not need to be a tax expert but does need IRS and NC certifications.

There are two operating seasons with distinct hours of operation: Tax Season (Jan – Apr 15) M-F 9 am – 8 pm, Sat 9 am – 5 pm. During Off Season (Apr 15 – Dec 31st) only the main office is open Wednesdays 12 – 6 pm. The owner is not needed to be present if a manager is available.
About the Business
Years in Operation
22
Number of Employees
4
Franchise
This business is an established franchise
Facilities & Assets
2 centrally located offices in this medium size city close to the Triangle of NC; one in the city center and the other on a well traveled main corridor (28,000 traffic count). Both offices are leased (NNN) through 2027 with renewal options.
Market Outlook / Competition
The main competition are other nationally recognized tax preparation offices.
Opportunities for Growth
The Company competes well against other competitors and seeks to differentiate itself through excellent customer service, follow-up, and focus on repeat business. Competitors include other national tax preparation chains and small CPA/tax firms. TurboTax is generally not considered a competitor as it appeals to a different market segment. The industry itself is well established and as Benjamin Franklin wrote, “nothing can be said to be certain, except death and taxes.”
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
To focus on other business interests.
Transition Support
Will train for 4 weeks @ $0 cost.
Financing Options
Lender pre-screened with $28,500 down.
Listing Info
ID
2307565
Listing Views
1738

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Business Listed by: Warren Davis Murphy Business & Financial Corporation

Listing ID: 2307565 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.