Financial Services Franchise Review
Financial Services Franchise Opportunity - Financial Services Franchise Business for Sale
Eagle Tax
Eagle Tax is a retail tax preparation business. The business primarily attracts customers from low to middle income tax brackets. The business is seasonal, with most all of the customers coming into a store from mid January through the middle of April each year. The tax business continually grows due to the number of tax changes that occur each year with the IRS on the state and federal tax returns. In addition, the returns keep getting more complex driving the consumer to a professional tax preparer. It is considered a recession resistant business.
Background
Year Established: May 2007
Year First Franchised: 2007
Franchised Units: 22
Company Owned Units: 0
Projected New Units (12 months): 25
States/Countries Registered In: All states except HI, IL, MN
Availability in Canada: Masters / Area Developer: Not at this time
Financial/Terms
Cash Investment: Franchise fee $25,000
Total Investment: $58,100 to $102,400 this includes the initial franchise fee
Minimum Net Worth: $350,000
Franchise Fee: $25,000
VetFran Program Participant: Yes
Royalty: 14%
Ad: 3%
Average # of Employees: 2
Passive Ownership Allowed: Yes
Earnings Claims: No, though we do provide a 5 year business planner with the appropriate earnings disclaimers.
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