This franchise is operated from three highly visible shopfront locations, services around 600 clients and enjoys gross recurring fees of circa £465k. The owner is now looking to retire.
Location
With well-known shops, complete with furniture, IT and telephone systems, any purchaser would be walking into a ready-made business. This represents an excellent foundation upon which a new franchisee can further develop an already substantial business in the area.
Growth
The business has enjoyed year-on-year growth with the majority of new clients coming from recommendations, walk-in business and inbound leads received from the digital marketing strategies and campaigns driven by the TaxAssist Support Centre in Norwich.
Opportunities for growth and further increasing profitability include:
- Adding additional profitable service lines
- Attracting more local clients with the proven TaxAssist Accountants brand
- Expanding into another shopfront location within the territory
- Increase local marketing activity and build staffs
TaxAssist Accountants vs Independent
Buying an established business with the TaxAssist Accountants brand provides you with many benefits over an independent:
- Evolving mix of additional service lines
- Driving profitability by leveraging the latest tech to empower your team and your clients
- A proven lead generation service and global brand to support growth
- Helpline for you and your staff linking with our UK Support Centre
- Conference and regional meetings with like-minded local TaxAssist Accountants business owners
- Assistance preparing for future exit/sale
Plus, the opportunity to invest and own shares in the fast-growing TaxAssist Accountants brand.
