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Entrepreneur: Start & Grow Your Business

ExpressTax

Tax preparation & electronic filing

Background

Founded: 1997 Franchising since: 2002
3030 Hartley Rd., #320
Jacksonville, Florida 32257
Phone:
(888)417-4461


Franchisor is a privately-held company with 13 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 376 0 0 0
2008 509 0 0 0
2007 408 0 0 0
2006 221 0 0 0
2005 223 0 0 1

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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 1-mile radius

Costs and Fees

Total investment: $15.4K-40.1K
Franchise fee: $1.5K-2.5K
Ongoing royalty fee: 22.5%
Term of agreement: 10 years, renewable
Express/kiosk option available

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
Cash liquidity requirement: $25K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • 13% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 days
  • Annual conference : 2 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Rankings

Franchise 500® rank:
#77 (2009); #163 (2008); #318 (2007); #246 (2006); #320 (2005);

Fastest-Growing Franchises:
#17 (2009); #18 (2008); #39 (2005);

Low-Cost Franchises:
#19 (2009); #34 (2008); #82 (2007); #56 (2006); #83 (2005);

Top New Ranking:
#18 (2007); #12 (2006); #22 (2005);