Jackson Hewitt Franchise - Tax Preparation
Business Description
Seasonal Tax Business - Expand with accounting/bookkeeping
Jackson Hewitt Franchise - Established Tax Preparation Business in Waterloo, Iowa
This profitable Jackson Hewitt franchise presents an excellent opportunity for investors seeking a well-established tax preparation business with strong financial performance and expansion potential. Operating since 2012 in Waterloo's Black Hawk County, this location has demonstrated consistent success over more than a decade.
Financial Highlights:
• Annual Revenue: $334,471
• Seller's Discretionary Earnings: $151,800
• Asking Price: $607,000
• Cash Flow Multiple: 4.0x
• Strong seasonal revenue generation
Business Operations:
This absentee-owner operated franchise benefits from established systems and experienced staff, making it an ideal investment for both hands-on and passive ownership styles. The seasonal nature of tax preparation allows for operational flexibility during off-peak periods.
Key Advantages:
• Easy to operate franchise model with proven systems
• Long-term employees providing stability and expertise
• Seasonal business structure offering scheduling flexibility
• 1,400 square feet of professional office space
• Affordable lease at $1,300 per month
• Year-round corporate training and support programs
Growth Opportunities:
Significant expansion potential exists through territory development and service diversification. The business can grow by opening additional offices within the protected territory and expanding into year-round accounting and bookkeeping services, transforming seasonal revenue into consistent annual income.
Franchise Support:
Jackson Hewitt Corporate provides comprehensive support including year-round training programs available both in-person and online. This extensive support system ensures operational success and keeps the business current with tax regulations and industry standards.
Location Benefits:
Strategically located in Waterloo, this established location benefits from strong community presence and customer loyalty built over 12 years of reliable service.
Reason for Sale:
The owner is strategically focusing on other territories, creating this opportunity for a qualified buyer to acquire a profitable, turnkey operation with excellent growth potential and proven franchise support systems.
This profitable Jackson Hewitt franchise presents an excellent opportunity for investors seeking a well-established tax preparation business with strong financial performance and expansion potential. Operating since 2012 in Waterloo's Black Hawk County, this location has demonstrated consistent success over more than a decade.
Financial Highlights:
• Annual Revenue: $334,471
• Seller's Discretionary Earnings: $151,800
• Asking Price: $607,000
• Cash Flow Multiple: 4.0x
• Strong seasonal revenue generation
Business Operations:
This absentee-owner operated franchise benefits from established systems and experienced staff, making it an ideal investment for both hands-on and passive ownership styles. The seasonal nature of tax preparation allows for operational flexibility during off-peak periods.
Key Advantages:
• Easy to operate franchise model with proven systems
• Long-term employees providing stability and expertise
• Seasonal business structure offering scheduling flexibility
• 1,400 square feet of professional office space
• Affordable lease at $1,300 per month
• Year-round corporate training and support programs
Growth Opportunities:
Significant expansion potential exists through territory development and service diversification. The business can grow by opening additional offices within the protected territory and expanding into year-round accounting and bookkeeping services, transforming seasonal revenue into consistent annual income.
Franchise Support:
Jackson Hewitt Corporate provides comprehensive support including year-round training programs available both in-person and online. This extensive support system ensures operational success and keeps the business current with tax regulations and industry standards.
Location Benefits:
Strategically located in Waterloo, this established location benefits from strong community presence and customer loyalty built over 12 years of reliable service.
Reason for Sale:
The owner is strategically focusing on other territories, creating this opportunity for a qualified buyer to acquire a profitable, turnkey operation with excellent growth potential and proven franchise support systems.
About the Business
- Years in Operation
- 14
- Employees
- 6 (3 Full-time, 3 Part-time)
All employees are seasonal- they work during tax season December - April - Franchise
- This business is an established franchise
- Facilities & Assets
- Leased space. All office furniture and equipment as well as Walmart Kiosks are included in sale
- Website
- https://www.jacksonhewitt.com/
- Opportunities for Growth
- Growth by opening additional offices in territory
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,400
- Rent
- $1,300.00 per month
About the Sale
- Seller Motivation
- Owner focusing on other territories
- Transition Support
- Support and training available all year around by corporate Jackson Hewitt ( in person, online etc)
Listing Info
- ID
- 2480040
- Listing Views
Business Location
Listing ID: 2480040 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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