Electronic Tax Filers
Electronic filing of financial dataBackground
Founded: 1990 Franchising since: 1991
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.
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: Negotiable
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.
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P.O. Box 2077 Cary, North carolina 27512-2077 |
Phone: (919)469-0651 |
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2007 | 0 | 0 | 0 | 0 |
| 2006 | 42 | 0 | 0 | 2 |
| 2005 | 42 | 0 | 0 | 2 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Exclusive territories available.
Territory size: Negotiable
Costs and Fees
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Total investment: $22K Franchise fee: $10.5K |
Ongoing royalty fee: 8% Term of agreement: 3 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Qualifications
Net worth requirement: $25K
Cash liquidity requirement: $20K
Business Experience:
- General business experience
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)
Training and Support
Training
Ongoing Support
Marketing Support
- 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