Liberty Tax Office Sarasota Florida

Sarasota, FL

Seller Financing Available

Asking Price:$140,000
Inventory:$1,000
EBITDA:$27,500
Established Year:2012
Gross Revenue:$138,000
Rent:$2,118.95/Month
FF&E:$20,000
BUSINESS DESCRIPTION

Established 13+ years Liberty Tax Franchise in fast grow area.

Liberty Tax Franchise located in one of Florida's fastest growing cities. Established over 10 years ago and located in the same plaza, at cross roads of a major intersection (University Park & Lockwood Ridge).
Liberty Tax has 1800 nationwide locations but only one in Sarasota !


DETAILED INFORMATION
Location
Sarasota, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
20/09/2027
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
1000 Sq. Ft. storefront located in a prime strip shopping center University Plaza, at the busy intersection of University Park and Lockwood Ridge. All equipment necessary to operate a tax office is in place: Lite Liberty Tax Sign approx. 12' X 3' 4 Works station, 12 chairs 4 computers, 2 duel monitors. Separate file / processing room 4 IP telephones File cabinets 2 Petitions Multiple printers, copiers and scanners Coffee machine Refrigerator Microwave ETC...
Competition
University Plaza is sought after location situated among many major National and Regional Brands including Floor & Decor, Publix, Walmart, etc. Competition is H&R Block and Jackson Hewitt (Walmart)located across the street(within 400 yards).
Growth & Expansion
The potential to grow is limited only by the effort in marketing and the capacity to do returns. Have been at the same plaza for +13 years, the retention has been excellent although limited resources and time have been dedicated to marketing. Endless co.branding opportunities to add complimentary business services such as: Bookkeeping, Insurances, Mortgage, etc. Should be noted that we have over 500 households physically visit our offices annually.
Financing
Financing available for qualified parties.
Support & Training
Support & Training is provided by the franchisor, formalized training for first time Preparers to Managers/Owners. On going tech and tax support is provided by Liberty Tax Corp, year around.
Reason for Selling
Family relocation. Closer to other owned Liberty Tax location.
Franchise
This business is an established franchise
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Charles Eldridge
Charles Eldridge