Electronic Tax Filers
At a Glance
Products & Services: Electronic filing of financial data
Number of Locations:
Total Investment: $24.2K - 25K
Founded: 1990
Began Franchising: 1991
About Electronic Tax Filers
Founded by the Wishon family in 1990, Electronic Tax Filers provides customers with electronic tax filing and refund anticipation loans. The Cary, North Carolina-based company began franchising in 1991.Startup Costs, Ongoing Fees and Financing
Total Investment: $24,200 - $25,000
Franchise Fee: $13,500
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 3 years, renewable
Franchise Fee: $13,500
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 3 years, renewable
Financial Requirements
Net Worth: $25,000
Liquid Cash Available: $20,000
Operations
41% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week+. At franchisee's location: Varies. Varies
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
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