Tax Accounting Firm, 5000+ Clients
Location:
United States
->
South Carolina
->
Florence
Industry: Professional Services > Accounting and Legal
Business Summary
# Franchised tax accounting practice located in the Eastern Carolinas. 8,100 clients for tax season ended April 15, 2006.
# Revenue from May 1, 2005-April 30, 2006 $1,460,000.
# Cashflow from current year $598,000.
# Double digit revenue and client growth over last four years.
# Franchisor ranked in Entrepreneur's top 10 best franchises for 11 years.
# Complete financials, asset listings, and all records may be reviewed upon execution of non-disclosure agreement.
# Present management more than capable of operating business with absentee owner--turnkey operation.
# Current owner willing to remain through April 30, 2006 to ensure appropriate transition.
# Franchisor provides all software and back office technology required.
# Owner financing available with for buyers with appropriate downpayment, creditworthiness, experience, and collateral.
# Agreements with major retailers (Wal*mart, Kmart, Bi-lo, etc.) allowing kiosk locations in their stores allows for considerable future growth potential.
# Referral marketing arrangements with over 100 local businesses, charities, and other organizations.
Feel free to email or call 843-409-1942 for more information on this Tax Accounting business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$1,460,000
Cash Flow:
$598,000
Cash Flow Type: EBITDA
Inventory: $375,000
Seller Financing: Yes
About The Business
Year Established: 2001
Number of Employees: > 200
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Provided by Franchisor, Seller also willing to ...
Reason For Selling: Health of Family Member.
Click on the "I'm Interested" button above for more information on this Professional Services > Accounting and Legal business for sale.
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Print Listing Id: 70024433
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