- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$42K - $61K
- Units as of 2016
-
35
Company Overview
About One Stop Tax Services Inc.
| Industry | Financial Services |
|---|---|
| Related Categories | Tax Services |
| Founded | 2009 |
| Leadership | Charles Kinuthia, Founder and CEO |
| Corporate Address |
7322 S.W. Fwy., #806 Houston, TX 77074 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2014 (10 years) |
|---|---|
| # of employees at HQ | 12 |
| Where seeking |
This company is offering new franchises in the following US states: |
| # of Units | 35 (as of 2016) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a One Stop Tax Services Inc. 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
|
$25,000 |
|---|---|
|
Initial Investment
|
$42,050 - $60,500 |
|
Net Worth Requirement
|
$50,000 - $75,000 |
|
Cash Requirement
|
$15,000 - $20,000 |
|
Veteran Incentives
|
$3,000 off franchise fee |
|
Royalty Fee
|
14% |
|
Ad Royalty Fee
|
4% |
|
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.
| In-House Financing | One Stop Tax Services Inc. offers in-house 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.
| On-The-Job Training | 14 days |
|---|---|
| Classroom Training | 5 days |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
| Marketing Support |
Co-op Advertising
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2-3 |
|
Are exclusive territories available?
|
Yes |
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