Tax Centers of America

Tax preparation, electronic filing
FREE Franchise Guide!
Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$20K - $64K
Unit data is unavailable
N/A

Company Overview

The first Tax Centers of America (TCOA) office opened in Russellville, Arkansas, and the company is still headquartered there today. The business started out offering electronic tax filing services, but within a couple of years had expanded to training others to open their own electronic filing businesses and acting as a service center for tax offices. Franchising officially began in 1997.

About Tax Centers of America

Industry Financial Services
Related Categories Tax Services
Founded 1994
Leadership Tonia Ouzts, CEO
Corporate Address 1611 E. Main
Russellville, AR 72801

Business Overview

Franchising Since 1997 (27 years)
# of employees at HQ 15
Where seeking

This company is offering new franchises throughout the US.

Information for Franchisees

Here's what you need to know if you're interested in opening a Tax Centers of America franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$10,000 - $35,000
Initial Investment Information Circle
$20,300 - $63,550
Cash Requirement Information Circle
$30,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
$30-55/return
Ad Royalty Fee Information Circle
0.00
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Tax Centers of America offers in-house financing to cover the following: franchise fee, startup costs
Third Party Financing Tax Centers of America has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training 4 days
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Marketing Support
Ad Templates
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 2
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Tax Centers of America.

HomeVestors of America

description
Home buying, repair, and selling

United Check Cashing

description
Check cashing and other financial services

Happy Tax Franchising

description
Tax preparation, electronic filing, bookkeeping/accounting

Wag N' Wash

description
Self-service pet bathing, grooming, pet supplies

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

Is Franchise Ownership Your Next Wealth Move? Here's How It Compares to Four Other Income Streams

Let's explore how owning a franchise business stacks up against four alternative income streams: a corporate job, real estate investments, non-franchise business ownership and passive investments.

Franchise

These Two Key Factors Can Produce Unbreakable Customer Bonds With Your Business

The power of authenticity cannot be understated. Across the business landscape, customers identify with brands they connect with and trust. In the race for earning and building consumer loyalty, being authentic is among the most important values business leaders must get right from the very start.

Franchise

From Stalwarts Like Ace Hardware to Emerging Brands Like Nothing Bundt Cakes — See the Top Retail Franchises

Featuring powerhouse brands revolutionizing the industry and empowering entrepreneurs to thrive, explore the top 15 retail franchises according to the 2024 Franchise 500 Ranking.

Franchise

She Cashed in $100K of Her Retirement Savings to Start a Business. Here's What Happened.

Keri Gardner got laid off in her early 50s, she thought, "Why not roll the dice?"

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022