Tax Preparation Locations

Asking Price:

$2,995,000

Financial Overview

Revenue:
$3,075,087
Income:
$602,175
Multiple:
4.97x

Business Description

For sale is a business with true absentee ownership of a highly profitable portfolio of established Major Brand Name Tax Service Franchise locations. This business now includes 42 total individual locations (13 in Arkansas, 23 in Missouri, and 6 in Florida). Nearly all locations have been in business for many years and have developed a loyal clientele base, with many locations included onsite within a very well-known retailer.

It is comprised of two general managers that lead the company from a high-level perspective. They manage a team of eight area managers that lead, train, hire and manage their own storefront offices as well as several local offices within their respective vicinities. The offices are primarily in rural or smaller towns across the Midwest which allows for lower office lease rates and expenses, less competition from larger firms, and better client demographics that desire this model of tax preparation. An excellent plug and play return now, with ample opportunity to expand should the buyer want a more active role.

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