Asking Price: $140,500 Gross Revenue: $138,449Cash Flow: $21,518 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,000 included in asking priceFF&E: $25,000 included in asking priceShare 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.
Now is your chance to own a local income tax preparation franchise, offering quality tax preparation and financial services at a reasonable price and hassle-free processes. With seven years of strong customer base with fragmented competition, all the groundwork has already been done for this turnkey franchise with huge growth potential. The area also offers great opportunities to expand with additional offices within the territory.
Training and support will be given to ensure a smooth transition process. A one-week intensive course with different training modules in sales, marketing and tax preparation throughout the year will be provided. The business will also assist in site selection and will give demographic tools helpful for the new owner to build customer profiles and target different categories of customers with pinpoint accuracy.
The owner is selling the business as she gets closer to retirement.
This is an established business. This is neither a new franchise nor a start-up opportunity
***Please look for an email titled "Morgan & Westfield -“Turnkey Profitable Tax Preparation Biz w/ Huge Potential” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***
Turnkey Profitable Tax Preparation Biz w/ Huge Potential
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