Franchise Tax Service

File# C2512
Location: Oakland County
Business Price: $106,000
Down Payment: $40,000
Monthly Payment:$1,275.97
Interest Rate: 6%
Amortization Period:5 years
Gross Sales: $130,904
Source: 2018 Tax Return
Cash Flow: $38,096
Source: 2018 Tax Return
Inventory: NA
Days Open: 7 days: Jan-April 30, 1 day May-Dec
Business Hours: Mon-Fri 9-8, Sat 9-5, Sun 12-5
Seats: NA
Parking: ample
Licences Required:Business License
Year Established:2009
Year Acquired: 2009
Monthly Rent:Rent: currently $1,000 + $200.00. New lease required

Profile:

This is your opportunity to own one of the top tax preparation franchises in the industry. Save time and effort with this profitable turn key business already in place! The office is ready to go and the owner is willing to work for you full time during tax season. If you have entrepreneurial spirit you will grow this business by offering more divers services to your client base. The business has been serving the local area since 2009 with over 700 existing clients. The client base is a good mix of early & late season tax payers. This franchise system provides support and training.  The business includes an experienced manager (CPA & Masters degree w/ income tax) owner pays $13,500 for the season and (1) Tax preparer ($13.50 /hr) who make day-to-day operations a success and will ease the transition. This is a great opportunity for a new business owner to grow their own business or ideal for a retirement lifestyle. Make it a year-round business to increase revenue.  The current average tax prep fee is only $230.00. This location has excellent store frontage and visibility. Sales and cash flow are trending positively and offer great opportunity for growth. Royalties: 14% + 5% advertising. Transfer fee: $5,000 paid by purchaser. Call to make your appointment today!

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This information has been supplied to Broker, Capital Business Brokerage, Inc. by Seller or obtained from other sources. Broker has not and will not verify the accuracy of this information. It is recommended that Purchaser independently verify the accuracy of this information with Purchaser's counsel.