PENDING - Reduced Price Tax Franchise - Kent County
Listing Price: $59,999
- Asking Price: $59,999
- Gross Revenue: $105,000
- FF&E: $20,000
- Established: 2007
An established franchise that has over 2,700 retail branches with over 12,000 tax professionals in the US and Canada.
Absentee-owned income tax and loan business, management in place, and will stay with the new owner. No prior tax experience is required. Over 20,000 spent on recent renovations to the facility. Buyers must have or apply for an Electronic Filers Identification Number (EFIN) through the IRS website. Buyers must also obtain a Deferred Presentment Service Transaction License through the state of Michigan to offer payday advance loans.
Buyer is responsible for a one-time franchise transfer fee of $5,000 at closing.
For more information please call Jason Kassab at 248-220-3274 or email firstname.lastname@example.org
Location: Kent County, MI
Inventory: Inventory is included in asking price
Building SF: 1200
Employees: 1FT / 1PT
Facilities: 1,200 sq ft facility located on a major roadway in a busy plaza in Kent County offering visibility and ample parking. Franchise is open all year round with short-term loans along with income tax services.
Competition: Competition is nearby but business has sustained over the last 16 years.
Growth & Expansion: Increase marketing. An owner-operator will decrease payroll, adding bookkeeping and payroll services. Utilize marketing strategy in the community and online.
Seller Financing Available: No
Support & Training: Seller will be available for 14 days at a minimum of 4 hours per day for training at no additional cost to the Buyer. There is one week of training required at franchise headquarters.
Reason for Selling: Other Commitments