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Franchise Tax Prep/Accting

Madison, Wisconsin (Dane County)

Services - Other Personal Services | Services - Other Business Services

Asking Price $115,000 Inventory $1,500* 
Gross Income $149,110 Real Estate  
Cash Flow $42,331 Year Established 2005
FF&E $10,500* Employees 3

* included in the asking price

** not included in the asking price

This franchise tax preparation business does roughly 800 returns per year. Great location with high visibility from the street. Profitable, growing concern that has the opportunity to grow further marketing other products and services. Current owner provides non-billable return services that could be reduced to increase bottom line. General accounting services could be expanded. Solid record retention, furniture and equipment, and office decor. Less than 1% of customers utilize the guarantee policy. Schedule C and E return customer base could be expanded. If you take into consideration another 20k plus of discounts, this business on an adjusted basis makes over 60k in adjusted cash flow.

Facilities: Located in 850 square feet space on triple net basis. High ceilings, well lit with very nice interior space

Competition: There are a number of pro's including: ability to cross market other products and general accounting services, percentage of returns done without charge, and low average net fee.

Growth/Expansion: General accounting, corporate returns, cross market other products/services, increase fees.

Support/Training: Owner will provide

Reason Selling: owner has other interests

Business For Sale By

Mark Stich

(608) 843-1360

MS Business Brokerage

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