Price: $175,000
Location: Brevard County, FL
Industry: Accounting and Tax Practices
Listing ID: 423900169
Listing Status: New
Long established absentee owned tax prep franchise
Very successful tax preparation franchise located in Brevard County. This well established franchise requires no tax knowledge to own or operate; is seasonal in nature; and has experienced employees in place; provides a diverse stream of revenue; and has strong franchisor support for marketing and back office functions. The territory did approximately 900 tax returns in calendar year 2022 and over 820 so far in 2023.
Down Payment: $100,000
Total Sales: $318,431
Cash Flow: $65,713
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $10,000
FFE Included: Yes
Inventory: N/A
Year Established: 1993
Days & Hours of Operation: Seasonal Jan - May, Mon - Sat: 9am to 7pm
Owner Hours Per Week: 0
Non-Owner Payroll: N/A
Employees: 5
Absentee Owner: Yes
Real Estate: N/A
Real Estate Included: No
Monthly Rent: N/A
Franchise: Yes
Relocatable: Yes
Terms and Conditions?: $100,000 down / $75,000 note / 2 years / 8%
Reason For Sale: Other business interests
Training & Support: Two weeks at no cost from the seller, and new owner will be required to attend franchise specific training as well.
Financing/Terms: $100,000 down / $75,000 note / 2 years / 8%