Fez Ogbazion was a college student from Ethiopia in 1994 when he started Instant Refund Tax Service. In their first tax season, his startup did returns for over 600 clients and eventually grew to dozens of locations. Ogbazion sold Instant Refund Tax Service to Jackson Hewitt in 1999. In 2000, Ogbazion moved to Dayton, Ohio, with the profits from his business deal to found Instant Tax Service. By 2003, Instant Tax Service had 100 offices across several states, and the company began franchising in 2004. Instant Tax Service specializes in professional tax preparation, expedited refund and refund anticipation loans, offering both in-person and online filing services.
Initial Investment: Low - $39,000
High - $89,000
Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
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