Great opportunity to own a well established tax service franchise in Detroit. This location was opened in 2003 and continues to provide a great service to the community. Sellers are completely absentee and still manage to generate $37,783.00 in cash flow for the 2018 tax season. The cash flow was generated in less than four months, from January to April 15th. New owners can be present to increase profits by cutting payroll, and to increase sales by getting involved in the community. Current manager will stay on board with new owners if needed. Transfer and training fee is $5,000.00.
Cash Flow: $37,783
Gross Revenue: $143,589
Lease Rate: $2,632 / Month
Real Estate: Leased
Building SF: 1,200
Lease Expiration: 4/30/2020
Employees: 1 FT, 5 PT
Facilities: 1200 square foot building located on a busy street. Part of a busy shopping plaza with a strong anchor.
Financing: Cash Offers Only
Support & Training: Training provided by the franchise, and seller will train for 7 days at no additional charge. Seller also has multiple units in the area and will be available for support if needed after the 7 day period.
Reason for Selling: Partner issues
Franchise: This business is an established franchise