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  • Listing No.: 101-16110

  • Category: Professional

Asking Price $269,000.00
Down Payment
Gross Revenue $251,525.00
Total Adjusted Net Income $111,012.00
Equipment / Fixtures $5,000.00
Year Established 1994
General Location
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This 25-year tax prep business in Altus OK (near Lawton), has a very solid track record. It is available because the owner needs to relocate. The business has grossed $300K and more in recent years. It projects at $230K in 2019 due to illness of owner early in year. Profit in excess of $110K. Business does about 1,500 returns, with retention high due to quality of service and strong tradition in community. Seller owns property, is open to selling or working out favorable lease for buyer. Clientele is diverse and bilingual. Uses Taxslayer software. Seller, who is an experienced professional, will happily assist in transition.

Gross Revenue $251,525.00 Listed Price $269,000.00
Total Income $111,012.00 Down Payment
Base Rent $1,050.00 Square Feet 1300
Total Rent $1,050.00 Lease Expiration
Rent Deposit Lease Options
Inventory $3,000.00 Leasehold Improvements
Equipment / Fixtures $5,000.00 Other Assets
Full-Time Employees Training Period 30 Days
Part-Time Employees 4 Special License Required
Contract Staff Reason for Selling Other business interests and relocation

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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