Established Tax Franchise, Highland Charter Township, MI 48357
- Retail properties & Spaces
- 1,000 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Established Tax Franchise
- Year built
- 2010
- Property type
- Retail properties & Spaces
Description
This established tax franchise, built in 2010, is located in a high-traffic plaza in Oakland County, Michigan, on a major roadway with ample parking. The 1,000 square foot retail space is currently vacant and presents a turnkey opportunity for a new owner. The business boasts a strong track record, generating $278,000 in gross revenue and $120,000 in cash flow. The asking price is $268,999, which includes $15,000 in furniture, fixtures, and equipment (FF&E). Monthly rent is $1,650. The franchise is part of a large network with over 2,700 retail branches and 12,000 tax professionals across the US and Canada. No prior tax experience is required, but buyers must obtain an Electronic Filers Identification Number (EFIN) from the IRS. A one-time franchise transfer fee of $5,000 is due at closing. The seller is offering 14 days of on-site training (minimum 4 hours/day) at no extra cost, plus a mandatory one-week training session at franchise headquarters. Growth potential exists through adding bookkeeping, accounting, and payroll services, and leveraging online and community marketing. The seller is retiring and is not offering financing. Competition exists, but year-over-year sales growth demonstrates the business's strength. This is a fantastic opportunity for an entrepreneur seeking a profitable, established business with significant upside.
Value Estimations
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Highland Charter Township
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6455
- Latitude
- 42.6585
