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Business For Sale
TAX PREPARATION FRANCHISE
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Asking Price: |
$249,900
USD USA Dollars
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Business for Sale Industry: |
Services: Business and Office
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Reason for Selling:
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retirement |
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Year Established:
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1964 |
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# of Employees:
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8 |
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Yearly Revenues:
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$299,861 |
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Yearly Cash Flow:
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$58,089 |
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Yearly EBITDA:
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$48,807 |
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Yearly Net Profit:
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$43,223 |
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Yearly Gross Income:
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$299,861 |
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Total Debt:
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$64,021 |
Business for Sale Overview:
This location did 1900 returns for tax season 2007. Located in 1600 square feet leased space this franchise employs 5 preparers and 3 support staff. This is the third owner of this franchise which has been in Platteville since 1961. This franchise has been growing with a positive cash flow. Room for growth if new owner would consider providing tax planning, payroll, estate planning and additional services for clients.
Property Features and Assets:
1600 square feet leased space in a steel building. Very well furnished.
Market Competition and Expansion:
This franchise has been in business since 1964, current owner has owned since 1994.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is 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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