Highly Rated Income Tax Service
www.GlobalBX.com
Listing ID:
700324981
Listing Title:
Highly Rated Income Tax Service
Quick Link:
http://www.globalbx.com/listing.asp?bId=324981
Industry:
Professional Services
Industry Segment:
Accounting and Legal
Country:
United States
State / Province:
California
Area
City:
Asking Price Range:
< $250K
Gross Revenues:
$135,109
Cash Flow:
$74,208
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2018
Number of Employees:
1 - 3
Business Description:
Online Client Income Tax Service
Established tax service recently converted to 100% online clients. Clients have stayed with this company due to good money savings skills, cheerful customer service, and competitive pricing.
Recently achieved $1.0MM in refunds for clients.
Pricing is positioned higher than H&R Block but much lower than a CPA firm. This provides great service at competitive price.
Clients join at a net rate of about 12% per year and fees rise at 2%.
Seller is willing to stay on for consultation.
Expenses reflect a previous office based business and may decrease if folded into an existing practice.
Seller financing considered.
Prices are wisely placed above H&R Block and below CPA firms.
Current rate of growth is about 12 new clients per year and price growth is 2% per year.
Business previously located in a commercial office complex but is now 100% virtual.
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