Business For Sale

Tax Service Franchise - Detroit

Detroit, MI
Wayne County

Asking Price: Annual Revenue:
$89,000 $143,589

Services: Financial, Accounting, Insurance

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RE: Tax Service Franchise - Detroit Broker: Nadir Jiddou

Quick Facts

Asking Price: $89,000
Annual Revenue: $143,589
Net Profit: Not Disclosed
Cash Flow: $37,783
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 6
BBN Listing #: 796253123
Broker Reference #: Not Disclosed

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Business Overview:

Great opportunity to own a well established tax service franchise in Detroit. This location was opened in 2003 and continues to provide a great service to the community. Sellers are completely absentee and still manage to generate $37,783.00 in cash flow for the 2018 tax season. The cash flow was generated in less than four months, from January to April 15th. New owners can be present to increase profits by cutting payroll, and to increase sales by getting involved in the community. Current manager will stay on board with new owners if needed. Transfer and training fee is $5,000.00.

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Property Features and Assets:

1200 square foot building located on a busy street. Part of a busy shopping plaza with a strong anchor.

Reason for Selling:

Partner issues

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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