REF | STATE | LOCATION | ANNUAL GROSS $ | STATUS | PRIVATE SALE / BROKER |
---|---|---|---|---|---|
0567 | CT | New Haven County | $134,945 | sold | Larson Associates |
Affordable at $95,000 plus 50% of transfer fee! Turnkey Federal & State income tax services business, providing a myriad of products, and utilizing state-of-the-art tax preparation software. A franchise business that does not require an accounting background, in fact, a majority of the franchise owners are not accountants. Services, include.: paper filings, electronic filing (E-File), electronic refund check/deposit, and refund anticipation loan (RAL). Impressive growth pattern demonstrated. Continued growth seems likely based on the positive experience as demonstrated by the past financial results. Extremely well organized business, with practices and procedures in place. Excellent growth potential through expansion possibilities, additional locations, within the existing territory. Last years cash flow of $65k for basically 4.5 months. From January 1 st. to April 15th full-time, the remainder of the year the franchise agreement calls for opening one day a week. The current owner is open on Thursday.
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