$1MM+ Net Income – Tax Franchise – SBA Ready

  • $3,900,000
Mississippi
  • 1136888
  • Cash Flow
  • 3475277
  • Gross Revenue
  • EBITDA
  • 150000
  • FF&E
For Sale

$1MM+ Net Income – Tax Franchise – SBA Ready

Mississippi
  • $3,900,000

Overview

Listing ID: 23097
  • 1136888
  • Cash Flow
  • 3475277
  • Gross Revenue
  • EBITDA
  • 150000
  • FF&E

Description

This Mississippi/Alabama essential service is SBA ready and available for sale. With 30 locations built up over the years, the current owner has seen great net income growth year after year with a solid trail of financials. The business has outperformed most businesses throughout the pandemic, and has also proven to be recession resilient.

Management teams are currently in place.

The current owner thinks this company will greatly benefit from a new owner who will expand on additional locations, services, and products for continued growth.

Brooks Pointe has had years of success with placing well qualified purchasers with outstanding tax businesses.

Please contact TJ Bunday at the Brooks Pointe Corporation 336.405.8233 Ext 702 for further memorandum material and financials.

  • Address Rocky Hill, Mississippi, USA
  • State/county Mississippi
  • Zip/Postal Code 39759
  • Country United States

Details

Updated on July 26, 2021 at 9:34 am
  • Listing ID: 23097
  • Price: $3,900,000
  • Business Type: Service Business
  • Listing Status: For Sale
  • Cash Flow: 1136888
  • Gross Revenue: 3475277
  • FF&E: 150000
  • Year Established: 1995
  • Number of Employees: 70
  • Support & Training: Included in the sale price, Seller is committed to helping a new owner achieve success and will provide negotiated hours of training and orderly turnover to the new owner. Seller will also provide negotiated months of phone consultation after the time of
  • Reason for Selling: Planning for retirement
  • Competition: While the current owner recognizes that are other tax competitors in the region, this business has seen years of good growth. The industry is considered an essential service; and has shown continued growth during the COVID-19 pandemic.

Additional details

  • Real Estate: Leased
  • Facilities: This business has many locations. Please inquire about the full business memorandum.
  • Building Sq. Ft.: 1
  • Growth & Expansion:: Seller realizes the business could greatly benefit an owner who will continue the path of efficiency and growth with processes implemented. With the ever-increasing complexities of tax code, the need for this service will continue to make it a recession-proof business with many growth opportunities. This business is highly scalable and can easily be grown. Services that are currently not offered can be added to gain substantial increases in revenue. Such services include: • Corporate Tax Return • Bookkeeping services • Tax Debt Resolution • Other financial Products
  • Seller Financing:: Negotiable

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