Income Tax Preparation Business | Saskatoon SK

For Sale, ID# 159

Listing Details

Asking Price: $450,000
Annual Gross Sales: $912,000 (3 year average)
SDE: $124,000 (3 year average)       

Executive Summary

This Income Tax Preparation Business, a franchise business, was established in Saskatoon in 2000. The current owner has built the business to become one of Saskatoon’s premier tax return preparation and electronic filing services. Accuracy and timeliness are two key factors that separate this company from similar businesses.

Business Highlights

  • This Saskatoon business has four offices in Saskatoon and has been in operation since 2000;

  • Turn-key business with a solid revenue base and good cash flow, it has grown from processing and filing 4500 tax returns in 2000 to processing and filing 10,000 tax returns during the 2018 tax year;

  • Well-established and well-positioned tax return preparation business within the Saskatoon market;

  • Experienced, well-trained and extremely accurate team of tax return preparers;

  • Retention of tax preparers is a tremendous highlight of, and benefit to, the business and its clients. According to the current owner, most of their tax preparers return year-after-year thus ensuring ongoing high-performance discharge of their job duties and enabling completion of tax returns with a level of accuracy exceeding the industry standard. Additionally, experienced, well-trained tax preparers returning each tax season mitigates the need to engage in large scale tax preparer recruitment and retention efforts each tax year;

  • Top performing and highly accurate tax return preparers contribute to over 70% of their clients returning each tax year to have their tax returns completed and filed.

If you are interested in this business, please contact:

Travis Kellett, Broker
Bridgepoint Business Brokers
Click to email Travis
Phone: 306-979-8750

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Click to download the Income Tax Preparation Business Opportunity as a PDF


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