BookKeeping Express

Bookkeeping
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This company is no longer franchising.

2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$39K - $55K
Units as of 2013
50

Company Overview

BookKeeping Express (BKE) was started in 1984 to offer small business owners virtual assistance with bookkeeping and payroll and other back-office tasks. The business model was licensed initially, and grew to over 150 licensed locations throughout the U.S. In 2007, BKE was purchased by Greg Jones, Bob Stocker and Merritt Green, who moved the company headquarters to Virginia and began franchising the model in 2008.

About BookKeeping Express

Related Categories
Business Financial Services
Founded
1984
Leadership
Keith Mueller, CEO

Franchising Overview

Franchising Since
2008 (13 years)
# of employees at HQ
10
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
50 (as of 2013)

Franchisor Information

Corporate Address
8229 Boone Blvd, #305
Tysons Corner, VA 22182

Information for Franchisees

Here’s what you need to know if you’re interested in opening a BookKeeping Express 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
$35,000
Initial Investment
$39,350 - $55,050
Net Worth Requirement
$250,000
Cash Requirement
$75,000
Veteran Incentives
20% off franchise fee
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

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

Third Party Financing
BookKeeping Express has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

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

Classroom Training
5 days
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where BookKeeping Express landed on this year’s Franchise 500 Ranking versus previous years.

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Get a deep understanding of what this business model is and how it operates with this handy glossary.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021