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Multi-location Tax Franchise
(Under Contract)

North Carolina
  • Asking Price$1,495,000
  • Revenue$1,700,000
  • Cash flow$465,000
  • EBITDA$380,000
  • Inventory$10,000
  • FF&E$60,000
  • Real EstateLeased
  • Established2005
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Contact the Broker

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Van Daughtry
919-263-2550

Business Description

Semi-absentee with Long Term Staff & Residual Income

This business is UNDER CONTRACT.

RARE OPPORTUNITY - NO TAX EXPERIENCE NEEDED. If you’re looking for a solid business with a proven track record and great growth potential, look no further. This business consists of 14 dedicated territories with 20 individual locations throughout a desirable North Carolina metro area. The business has been the recipient of numerous local, regional and national Franchise awards. 

With the ever-increasing complexities of tax code, the need for this service will continue to make it a recession-proof business with many growth opportunities. This business already generates substantial cash flow and has a proven track record. However, there is still a tremendous amount of room for growth within the existing territory. New ownership and energy will further this company’s growth. 

Franchisor has nationwide recognition and is a very powerful partner in the franchising community. As a new owner, you’ll have tremendous support as part of a national franchise network with more than 6,800 franchised and company-owned locations, including nearly 3,000 in Walmart stores. 

SBA pre-approved and perfect for a buyer with accounting and/or management experience. Confidential Listing. Detailed marketing package including company video is available upon signing of Non-disclosure Agreement. Contact Van Daughtry for additional details.
 
EMPLOYEES

2 FT / 70 PT

Inventory

Included in asking price

Furniture, Fixtures, & Equipment (FF&E)

Included in asking price

GROWTH & EXPANSION

Seller has done a tremendous job in building the business but realizes it could benefit in the hands of a new owner. He hasn’t capitalized on many available opportunities including the addition of new locations and expanded services.

Facilities

20 individual locations come complete with all furniture, fixtures and equipment necessary to continue operating.

Competition

Although competition does exist, the tax business is largely driven by location and repeat customers. A majority of the business’ locations have been in place for over 10 years and have developed a loyal following. Franchisor is nationally recognized and offers advertising support in addition to customer promotions and incentives.

Support & Training

Included in the sale price, Seller is committed to helping a new owner achieve success and will provide substantial post-sale training and consultation. In addition, Franchisor is well known for having excellent systems, technology, support, and training programs. Year-round comprehensive training is available both online and through traditional educational programs, and dedicated support teams provide business planning tools, proprietary tax software and detailed marketing direction. Existing employees have been through extensive training.

Reason for Selling

Seller owns another fast-growing business that requires his full attention.

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Understand Buyer Financing

Almost all buyers will use some type of financing when they purchase a business. If you plan to finance, then you need to know your options. Informed buyers have time to prepare for the buying process, while those who wait wind up slowing down the deal. Don’t wait.
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