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National Franchise Tax Preparation Service
Location: United States -> Texas -> Dallas, Dallas County
Industry: Professional Services > Accounting and Legal

Business Summary

10 year established nationwide franchise tax preparation service company is available for acquisition. This business was established by the current owner in 2009 and has built up a solid customer base over the years. After the CEO change recently, the company has is offering additional services other than personal and business tax preparation and ITIN application, such as roadside assistance, credit repair, identity protection, and 24/7 access to board-certified healthcare practitioners via phone and video chat. This business is occupied in a 1,287 SF retail strip center anchored by a busy gas station and a coin laundry and this brings a good amount of foot traffic and creates exposure to the public. The majority of the customers are low to middle-income individuals and families from densely populated neighborhoods and local businesses are predominantly Hispanic clients. Other than corporate marketing via SNS and text message services, some marketing is in place such as coupons in local businesses including cellphone stores, check-cashing businesses, and local banks. The most effective marketing tactic is the wavers on the street, but much more proactive marketing needs to be implemented other than corporate, such as direct mail and more online presence to acquire new customers that are yet familiar with the business. Competition is expected, especially in this area due to a large population of Hispanics and low-income individuals and families, but this business has been operating for over 10 years and has built up solid customer base and good relationship with them. There is an unused booth and this space could be leased for additional income or could be converted by the buyer for additional income by offering check-cashing services, bill pay, and sending money services. This is a great opportunity for a buyer to own an established franchise business that is willing to put more effort into proactive marketing to further grow the sales.
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Asking Price Range:  < $250K
Gross Revenues:   $122,880
Cash Flow:   $22,774
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2009
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  While the corporate will provide one week comprehensive training online, the current business owner will provide training and support to make the transition as seamless as possible.
Reason For Selling:  Retirement

Print Listing Id: 700370847
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