Tax Preparation Services-Established
Not Disclosed, NC Not Disclosed
Rural Triangle of NC
Request More Information Contact the Seller
- RE: Tax Preparation Services-Established
- Contact: Warren Davis
Quick Facts
| Asking Price: | $315,000 | |
| Annual Revenue: | $310,145 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $97,174 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $28,559 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2003 | |
| Employees: | 4 | |
| BBN Listing #: | 981485 | |
| Broker Reference #: | 1313-18660 |
Business Overview:
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.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and 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.
Assets = $28,559
Market Competition and Expansion:
The main competition are other nationally recognized tax preparation offices.
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.”
Reason for Selling:
To focus on other business interests.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
