Business Summary:
An excellent opportunity to buy a profitable long-established franchise tax preparation office in highly populated part of Oakland county. With two 2 dedicated full-time employees, the business keeps bringing back clientele year after year. The owner is not a CPA and doesn’t actively work in the office. Bulk of the revenues are generated in only 4 months January through April 15th. During off season the office is open only on Wednesdays. The new owner can increase sales significantly by expending services beyond the tax season. In addition to core tax preparation, franchisees now have the opportunity to offer loans, insurance, tax planning, tax debt resolution and credit repair services.All equipment necessary for operations is included with the sale. With the cost of buying a new franchise is $40K as a startup, this opportunity is excellent with immediate revenue and established presence in the community. This business is ideal for accounting professional or individual investor looking to get into the industry without full time involvement.
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| Year
Business was Established: 2009 |
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| Number of Employees:
2 |
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| Facilities / Terms of Lease:
The company currently operates out of a leased 2,000 sq ft space in a busy plaza with excellent visibility, car and foot traffic and plenty of parking. The lease is $1,726 per month including CAM charges with 4 years left. |
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| Potential
Growth/Expansion:
The accounting professional can increase bottom line significantly by decreasing payroll and increasing marketing in the community. This office is poised to not just increase tax preparation revenue, but to also add other products and services which will allow new owner to operate and earn revenue 12 months a year. |
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| Competition:
Other tax prep services exist within the territory however, strong branding, solid reputation and available discounts give this franchise a competitive edge over other tax service providers. |
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| Owner
willing to finance:
Negotiable to a well-qualified buyer. |
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| Owner
willing to train:
Seller will provide all necessary training to insure smooth transition. In addition, as a Franchisee you will have complete support of corporate for anything you may need assistance with. Franchisor offers multiple training opportunities throughout the ye |
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| Reason for selling:
Retirement |
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Seller Reference Number: MI110920
BusinessMart.com Listing Number: 262659 |
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