|REF||STATE||LOCATION||ANNUAL GROSS $||STATUS||PRIVATE SALE / BROKER|
|0654||MO||St. Louis area||$1,526,461||sold||Murphy Business & Financial|
Established in 1994, this high volume tax preparation business, with 20 offices (14 in Missouri and 6 in Illinois) is available for sale due to immanent retirement of its current owners.
This business has seen year on year revenue increases, primarily as a result of effective local marketing campaigns.
This is well managed business that has seen an increase in margins as a result of its ability to secure new premises in retail locations where rent is payable for only 3.5 months of the tax season.
This franchise business employs 9 full time and 120 part time staff.
With an asking price of $1.1m, a new owner can expect continued success by following the business model already in place.
In terms of transition, the sellers are offering training as well as assistance in preparing for the 2013 tax season.