Fort Worth Tax Preparation Office For Sale

Business description

50+ year Independent Tax Preparation Office located in Fort Worth near Lockheed Martin Plant. Fort Worth location has STRONG growth ... Lockheed will be ramping up production employees for 787 and this office will need 3 tax preparers within a few years. Office has prepared ~525 personal and small corporation clients/year with growth available through basic marketing. This office estimates that 99% of typical clients are personal tax returns with approximately 60 Rapid Anticipation Loans referred to local bank. Average Tax Prep fee is ~$115. Adding a Spanish-speaking tax preparer would immediately grow business by 75+ returns. Office operates with Drake Tax Preparation software. Retention rate averages 80-85% with an estimated 50-50 split between walk-ins and appointments. Established as accounting and tax preparation in this location since ~1941, the current business was established approximately 1975. Open during tax season Jan 1 - April 30 and as-needed in off-peak season (maximum 1 day/wk). Seller will consider some seller-financing to experienced, qualified purchaser. This is an excellent owner-operator office or additional satellite operation for existing tax preparer/CPA firm. Business currently refers IRS representation work and medium/large corporate tax returns to other CPA firms. Seller is relocating out of state. Second location is available in Arlington at price of $60,000 or $115,000 for both locations. Excellent books and records.

Property information

Location:

600 SF leased for $400/mo including NNN. Long lease available

Other information

Support & training:

Negotiable

Reasons for selling:

Relocation out of state

Financing available:

Prefer All-cash - negotiable to a qualified buyer

Furniture / Fixtures value:

$10,000