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High Volume Tax Preparation Service

Saint Louis, Missouri : Accounting services
Listing #5508-7432

This is a well managed tax preparation business. For over 17 years, the company has provided reliable service to St.Louis area clients in both Missouri and Illinois. Effective local marketing efforts resulted in a 32% increase in revenue for 2011. The available suite of refund products gives this business a distinct marketing advantage for the 2012 tax season as well. Margins have increased significantly because the additional locations needed to accommodate the growth have been placed in retail locations where rent is payable for just the 3.5 months of tax season. A new owner can expect continued success by following the business model that already is in place.

Asking Price:

$1,500,000

Gross Income:

$1,526,461

(last 12 months)
Cash Flow:

$323,912

(last 12 months)
Inventory Value:

Undisclosed

Year Established: 1994 Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: Yes Home-based: No
FF&E Value: $136,459 Training provided Yes
Real Estate is included: No Easily Relocated: Yes
Value of Real Estate: $0 Full Time Employees: 9
Real Estate Square Footage: 0 Part Time Employees: 120

This is a well managed tax preparation business. For over 17 years, the company has provided reliable service to St.Louis area clients in both Missouri and Illinois. Effective local marketing efforts resulted in a 32% increase in revenue for 2011. The available suite of refund products gives this business a distinct marketing advantage for the 2012 tax season as well. Margins have increased significantly because the additional locations needed to accommodate the growth have been placed in retail locations where rent is payable for just the 3.5 months of tax season. A new owner can expect continued success by following the business model that already is in place.


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