Major Brand Name Tax Franchise Locations

, Arkansas 10 views 0 favorites

Financial Highlights
Asking Price
$2,995,000
Revenue
$3,075,087
Business Description

For sale is a business with true absentee ownership of a highly profitable portfolio of established Major Brand Name Tax Service Franchise locations. This business now includes 42 total individual locations (13 in Arkansas, 23 in Missouri, and 6 in Florida). Nearly all locations have been in business for many years and have developed a loyal clientele base, with many locations included onsite within a very well-known retailer. It is comprised of two general managers that lead the company from a high-level perspective. They manage a team of eight area managers that lead, train, hire and manage their own storefront offices as well as several local offices within their respective vicinities. The offices are primarily in rural or smaller towns across the Midwest which allows for lower office lease rates and expenses, less competition from larger firms, and better client demographics that desire this model of tax preparation. An excellent plug and play return now, with ample opportunity to expand should the buyer want a more active role. Additionally, the business has been SBA pre-approved with a 20% down payment. Location: Arkansas Year Established: 2007 Franchise: Yes Market Outlook/ Competition: The offices are primarily in rural or smaller towns across the Midwest which allows for lower office lease rates and expenses, less competition from larger firms, and better client demographics that desire this model of tax preparation. Growth & Expansion: The locations have a very loyal following of clients that demand tax services and are not willing or comfortable with the “do-it-yourself” model, especially in years with increased tax complexity. This business is poised for new owners to continue to enjoy the strong cash flow model along with opportunities for growth.

Business Details
Industry:
Retail
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 6 hours ago

Views: 10

Favorites: 0