Price: $190,000
Location: Merritt Island, FL
Industry: Accounting and Tax Practices
Listing ID: 423600178
Listing Status: Under Contract
Absentee Tax Prep Franchise For Sale Merritt Island, FL
Very successful, long established tax preparation franchise located in Brevard County. This franchise requires no tax knowledge to own or operate. The business is seasonal in nature and has experienced manager and staff in place. There is strong franchise support for marketing and back office functions. This territory filed approximately 900 tax returns in 2022, 2023 and 2024.
Down Payment: $125,000
Total Sales: $324,665
Cash Flow: $80,541
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE: $12,500
FFE Included: Yes
Inventory: N/A
Year Established: 1993
Owner Hours Per Week: 0
Non-Owner Payroll: N/A
Employees: 4
Managers: 1
Absentee Owner: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Type of Location: Strip Mall
Square Footage: 1,000
Franchise: Yes
Relocatable: Yes
Facilities Information: 1,000 SF strip mall location that is on a month to month lease
Terms and Conditions?: $125,000 down / $65,000 note / 2 years / 8% / monthly payment of $2,940
Reason For Sale: Retirement
Training & Support: Two weeks at no cost with the owner, and franchise directed training.
Financing/Terms: $125,000 down / $65,000 note / 2 years / 8% / monthly payment of $2,940