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Tax Centers of America

2012 Franchise 500
#167
At a Glance

Products & Services: Tax preparation & electronic filing

Number of Locations: 194

Total Investment: $20.1K - 63.75K

Founded: 1994

Began Franchising: 1997

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 193 0 0 1
2010 179 0 0 1
2009 128 0 0 1
2008 122 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South, South Carolina, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $20,100 - $63,749
Franchise Fee: $10,000 - $35,000
Ongoing Royalty Fee: $30-55/return
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Liquid Cash Available: $30,000
Operations
24% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet,
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: Commercial broadcast production

Franchise Ranking History

Franchise 500®: #167 (2012), #187 (2011), #283 (2010), #361 (2009), #349 (2008),
Fastest-Growing: #51 (2012), #41 (2011),
Low-Cost: #25 (2012), #38 (2011), #69 (2010), #83 (2009), #82 (2008),