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Whittier Tax Practice
SOLD
Listing #: CAS1308
Location:
Type:
Annual Revenue: $441,605
Asking Price: $485,000
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Description:
This is 4 franchise territories (1 storefront, 2 Wal-Mart's, and 1 Sears), each office costs 50-100 thousand to set up but this is a turn key operation. Rent on the store front is $3,883.63 with a lease up on Aug 31, 2013. This office has been in the same location 17 years. The rent for the Wal-Mart is a flat fee. The rent for the Sears locations is based on a percentage of billings. The gross income for 2012 is $442,614 and the owner is receiving a net profit of 29% ($128,000).
This is 4 franchise territories (1 storefront, 2 Wal-Mart's, and 1 Sears), each office costs 50-100 thousand to set up but this is a turn key operation. Rent on the store front is $3,883.63 with a lease up on Aug 31, 2013. This office has been in the same location 17 years. The rent for the Wal-Mart is a flat fee. The rent for the Sears locations is based on a percentage of billings. The gross income for 2012 is $442,614 and the owner is receiving a net profit of 29% ($128,000).
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