Franchise Tax Service

, Texas 8 views 0 favorites

Financial Highlights
Asking Price
$270,000
Revenue
$327,393
Business Description

This is a franchised tax advisory service that has two offices in the North Houston area with the same owner for the past 28 years.  They prepare approximately 1,000 personal tax returns each year at an average fee of $300 to $350 each, plus some accounting services for small businesses.  The company has 12 trained tax consultant employees (2 full-time & 10 part-time).  This business was started by the owner's wife who was a CPA; however, she past away five years ago and her husband has been managing the business ever sense, but he is not an accountant and does not do any tax preparation.  There is a full-time manager who can either be replaced by a new owner or stay on to continue to manage the offices.  The company has a State Tax Loan facilitators Registration, a Federal Preparer Tax Identification Number, and they are an Authorized E-Filer Provider all of which are required to provide tax advisory services.  The franchisor has an excellent training program for a new owner and all its employees. Location: Houston, Texas Year Established: 1998 Number of Employees: 12 Real Estate: Owned Building Sq. Ft.: 1,100 Facilities: Office facilities located in neighborhood shopping centers.

Business Details
Industry:
Financial Services
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 8 hours ago

Views: 8

Favorites: 0