ATAX Tax Office Bronx, NY

Bronx, NY
Beautiful Storefront

Seller Financing Available

Asking Price:$1,400,000
Gross Revenue:$1,393,868
Rent:$15,500/Month
Cash Flow:$343,382
Inventory:$25,000
Established Year:2018
BUSINESS DESCRIPTION

National Franchise Opportunity

MINIMIZE RISK AND GIVE YOURSELF THE BEST POSSIBLE CHANCE TO SUCCEED
Every year, more people need help preparing their tax returns. And many business owners need services such as bookkeeping. So the demand for our services exists, no matter what is going on in the economy. That’s why we say ours is a “recession-resistant” industry.

As the nation’s population increases, teens reach taxable age, students begin their careers, and millions of new tax payers enter the tax system, the demand for tax preparation and business services also grows.

You’ll offer highly profitable and always on-demand services:

Bookkeeping for Small Business Owners
Tax Preparation
Payroll
Incorporation Services
“We strive to have a consistent client experience, and service across the country. We have a proven business model and formula for success.”

You have a desire to become part of a network of entrepreneurs who are also looking to fulfill their aspiration to own their own business and achieve financial freedom. Highlights include: Strong Brand Name & ATAX Eagle. Local Community focused. Less than 10 employees to start. Multiple revenue streams. B2B & B2C component. Low investment. Ability to help clients in person, drop off or virtually (ATAX Live).


ATTACHED DOCUMENTS
ATAX_INC_CSV_-_Income_Statement_Profit_and_Loss_ (4).pdf.pdf Download

DETAILED INFORMATION
Location
Bronx, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,500
Lease Expiration
31/01/2030
Employees
22
Facilities
Inventory list in documents provided. Here is the list of our employee positions, bookkeeping/payroll account managers are XERO certified and also proficient in QuickBooks. We have 12 employees during season and we have 9 employees off season : • Manager & Bookkeeping/Payroll Account Manager • Manager & Personal Tax Preparer • Personal and Corporate Tax Preparer & Bookkeeping/Payroll Account Manager • Personal Tax Preparer • Personal Tax Preparer • Incorporations Specialist • Receptionist • Office Admin / Receptionist • Janitorial Staff
Competition
Office is located next to a busy shopping center, Broadway Plaza with a amazing amount of foot traffic! Located just one block away from the 231st train station. The location is a prime spot and the local competition is an H & R Block located two stores down from our location. There are 3 - 4 privately owned tax businesses located 2 to 4 blocks away (Max Tax Professional Services, Jensy Multiservices Taxes, Tristate Tax, Frank's PC Tax. Total EROs 91 Total Returns 36,490 Total Refunds 26,220 Avg. AGI $66,865 Avg. Refund $3,071
Growth & Expansion
The ATAX model has year-round, revenue generating products and services for the franchisee to offer to clients, such as bookkeeping, payroll, incorporation assistance and MORE! A Consulting, Finance or Accounting Background is NOT necessary!
Financing
Owner willing to finance with substantial down payment.
Support & Training
Dedicated On-Going Training & Support We provide phone and visual support as well as on-site training on everything from operations to technology and software. You’ll also receive several site visits a year.
Reason for Selling
Pursuing other career goals and opportunities.
Franchise
This business is an established franchise

BUSINESS LOCATION
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Mary JaneDeJaager
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Mary JaneDeJaager