Business Summary:
A tax preparation business without royalty fees!! This business is independently owned and therefore does not pay double digit royalty and national advertising fee which are common with the franchise tax prepartation businesses. The present owner who is 79 does not prepare returns full time during the tax season. A new owner operator could reduce labor costs from 45% of sales to 30% by taking a more active role in preparing returns. More active marketing could significantly increase the number of returns processed Additionally there are other services which are presently not being pursued which if marketed effectively could significantly incresase revenues such as payroll, and bookkeeping services. If you have ever considered the tax preparation business or want to expand your existing tax practice the time to act is now!
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Year
Business was Established: 2008 |
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Number of Employees:
4 |
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Facilities / Terms of Lease:
Tax preparation facility is in a thriving strip center on busy street that has daily traffic in excess of 125,000 vehicles. The 1400 sq ft office has a lease that expires in 2014 with monthly rent of $1,317. The office has a clean professional decor and includes 5 matching upscale workstations with computers. |
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Competition:
Business is growing and has a customer retention rate in excess of 90%. |
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Owner
willing to finance:
Negotiable |
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Owner
willing to train:
Seller will provide 4 weeks training |
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Reason for selling:
Retirement |
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Seller Reference Number: BM1016
BusinessMart.com Listing Number: 107858 |
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