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Business for Sale Summary

Professional Tax Prep Franchise for sale in NY - 33990

Business Type: absentee business,mailbox/postal/bill pay/check cashing,misc. servicel/non-classifiable,non-classifiable establishments,other business services,other personal services,professional services,seller financing available,accounting/payroll/tax
Owner Financing
Professional Tax Prep Franchise for sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $110,000 Down Payment $95,000
Gross Revenues $106,000 Lease Remaining Register Free to View
Owner’s Cash Flow $40,000 Number of FT Employees Register Free to View

Financing

$95,000 Down and Negotiable for a qualified buyer

Business Description

Tax Prep Franchise with Sub Rental Income. The owner of this business has a thriving financial planning business and is seeking to spin off this nationally known tax preparation franchise with separate clientele. It is located in a main street, storefront professional office. The business can be run on an absentee basis as there are 4 F/T seasonal tax preparers on staff. They handle all the day to day work. In the past year the business grossed approx. $106,000.00 with an owner's cash flow of approx. $40,000.00. The space is 2,000 sf with 6 closed door suites. 3 suites are currently subleased for an income of $2,100/mo. That nearly cuts the total rent of $4,400/mo in half. Depending on your needs, you can sublease the other 3 suites or bring in your own business. This is an ideal add on to an existing tax prep business or any related business such as financial planning, insurance or accounting. We are seeking a serious and financially qualified buyer with at least $95K in liquid funds to cover the asking price and inventory. To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.