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Business For Sale
JACKSON HEWITT TAX SERVICE RE-SALE OPPORTUNITY!
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Asking Price: |
$674,419
USD USA Dollars
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Business for Sale Industry: |
Services: Financial, Accounting, Insurance
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Reason for Selling:
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Owner to concentrate on NC office. |
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# of Employees:
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3 |
Business for Sale Overview:
Jackson Hewitt is a federal income tax preparation service specializing in electronic filing (IRS e-file) for federal and state income tax preparation and related financial products. Jackson Hewitt is the second largest federal income tax preparation service company in the United States. This location is very established and extremely profitable with expansion potential. Other territories available. This is your chance become a franchise owner of a profitable franchise today!
Property Features and Assets:
The business has 12 storefront locations and extra furniture to set up kiosks in the upcoming season. Condition of Furniture, Fixtures,& Equipment very good condition and paid in full. Owner spent $15,000 on construction and new furniture.
Market Competition and Expansion:
In the January 2008 issue, Entrepreneur ranked Jackson Hewitt the #1 tax preparation service franchise for the 15th consecutive year. Jackson Hewitt is the second-largest federal income tax preparation service with 6,800 nationwide. Rated in the top 10 franchises to operate five years in a row. Rated 6th in the fastest-growing category. Owner will sign a non-compete clause for 5 years and 50 miles. Current owner has been absentee and has suggestions for huge potential growth. Local construction last year resulted in a loss of 400 tax returns. Construction is complete and company plans on operating in two profitable locations for the upcoming tax season. Corporate support with marketing and advertising.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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