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ATAX Tax Office Manhattanville, NY

New York, NY
Storefront

Seller Financing Available

Storefront
Asking Price:$237,758
Gross Revenue:$152,572
Rent:$2,667/Month
Cash Flow:$69,140
Inventory:$7,500
Established Year:2019
Listing ID: 2241517Listing provided by BizBuySell
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
Profit and Loss Statement - Sheet1 (1).pdf.pdf Download
ATAX MANHATTANVILLE INVENTORY LIST.pdf.pdf Download
DETAILED INFORMATION
Location
New York, NY
Inventory
Included in asking price
Real Estate
Leased
Building SF
763
Lease Expiration
05/06/2029
Employees
2
Facilities
ATAX MANHATTANVILLE INVENTORY LIST 8 Computers with Modems 4 Desk 2 cubicles set 5 Trash cans 4 Signature Pads 4 Polycom Phones 1 Credit Card Processor 5 Cameras 4 Computer Mouse with the pads 1 printer with Scanner 1 Safe 1 Fire Extinguisher 2 Air Purifiers 19 Client Chairs 1 Shredder 1 42 Inch TV 1 AC 5 Fans 1 Coffee Maker 1 water cooler 1 small refrigerator 1 Microwave Breakroom table with 2 chairs 1 Computer Server 2 Drawer pedestal for cubicles 2 overhead Drawers for cubicles 1 Vacuum Cleaner Miscellaneous Office Supplies Office Marketing Material
Competition
Franchise is located 1 block away from City College of New York. Our office is right in front of a Bus Stop making this area very busy with foot traffic. The first ever ATAX office opened was opened 1 block away, making the franchise name in this neighborhood well known. There are 2 Privately owned tax business located 1 block away. Columbia University is expanding and adding new campuses around the neighborhood which will produce even more foot traffic. Total EROs 54 Total Returns 29,170 Total Refunds 22,590 Avg. AGI $45,285 Avg. Refund $2,682
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 financing available with a substantial down payment required.
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
To re-invest profits into other existing locations, and to open new ones.
Franchise
This business is an established franchise
BUSINESS LOCATION
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