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Long Beach Area

  • Listing Number: 130-20940

  • Category: Professional Services

Asking Price $250,000
Down Payment
Gross Revenue $576,835
Total Adjusted Net Income $141,144
Equipment / Fixtures $28,000
Year Established 2001
General Location Long Beach Area
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Make the majority of your Investment back by April 2022! With Tax Season coming up soon, this is your chance to own a successful, well-known Tax Preparation Franchise, even if you’ve never prepared taxes in the past! Work 4 months out of the year, from January to April, then literally take the rest of the year off!
The business has a total of four locations. Two are storefront, one established in 1999 and the other in 2001. Plus, two additional Kiosk locations, both established in 2005. All four locations have an excellent reputation, a great team of employees already in place that can operate the business, and an extensive growing client base of 2,500. Business currently operates as a semi-absentee owner.
This is the perfect business for anyone with a passion to help others and potentially expand the business into additional locations.
Summary
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• $576,835 in Gross Revenue for 2020
• $141,144 Seller’s Discretionary Earnings for 2020
• Asking $250,000
• 10 Seasoned and well-trained W2 Employees
• 2 Storefront Locations open all year round
• 2 Kiosk Locations open January – April
• Business operates as Semi-Absentee Owner

Gross Revenue $576,835 Listed Price $250,000
Total Income $141,144 Down Payment
Base Rent $6,980 Square Feet 2625
Total Rent $6,980 Lease Expiration 05/2023
Rent Deposit $6,208 Lease Options 1, 5 Years
Inventory Not Included Leasehold Improvements $10,000
Equipment / Fixtures $28,000 Other Assets
Full-Time Employees 7 Training Period 2 Weeks
Part-Time Employees 3 Special License Required CTEC, PTIN, and EFIN
Contract Staff Reason for Selling Other Business Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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