Tax Preparation Franchises #1603

SOLD!

Details

Tax Preparation Franchise

Asking Price:
$99,000
Annual Sales:
$214,460
Cash Flow:
$48,377
Franchise Transfer Fees: $10,000**
FF&E: $19,660*
Real Estate: N/A
Employees: 1 PT Owner
FT & PT Seasonal
Location: Broomfield & Brighton
*Included  
**Not Included  

 

Business Description

This well established business operates two protected territories of a highly respected national franchise tax preparation service. The combined territories have a total population of 100,000 residing in 34,000 households. The company has a superb reputation, earning them repeat business above the average for the industry. An experienced and qualified staff completes approximately 1,000 returns annually. This is a seasonal business with full time operations only during the 14 week period of January 1st to April 15th. During the remainder of the year, the offices are open one day per week.

The business would be attractive to several types of buyers such as the following: (1) The current owner has other business interests and is only involved in managing the company and does not prepare tax returns. A new owner could maintain this operating arrangement and continue to work at other activities and interests; (2) Another potential operating model is one where the new owner is fully engaged in the business, including the preparation of tax returns. This might be a person who has other obligations or interests or a retiree who wants to stay engaged. The seasonality of the business allows a semi-retirement approach generating income to travel, vacation, fund personal projects or pursue other interests; (3) Tax return preparation can make an excellent add-on service for a variety of financial professionals such as investment advisors, retirement planners and bookkeepers. The potential result is a considerable revenue increase with relatively little increase in overhead expenses.

Represented By Phil Loughman. More information here.


Disclaimer: All information contained herein has been provided by the subject company, or its agent, to Front Range Business, Inc. (FRB); and while believed to be correct, said information has not been verified. Accordingly, FRB makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that FRB shall not be liable in any way for any loss or injury suffered by said recipient in connection with the delivery by FRB of this information. At all times, FRB is an agent for the seller and not for the buyer, unless a specific agreement exists for FRB to act as the buyer’s agent.
2016-10-13T03:13:23+00:00 October 13th, 2016|Sold Businesses|