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Peoples Income Tax
1801 Libbie Ave., # 100
Richmond, VA 23236
800#: (800) 984-1040
Tel: (804) 204-1040
Fax: (804) 213-4248
E-Mail: [email protected]
Web Site: www.peoplestax.com
Contact: Mr. Charles E. McCabe, President/CEO
Professional income tax preparation service specializing in middle-income and upwardly mobile individual and small business taxpayers. Proven marketing and operating methods. Income tax school. Business training and support provided. Minimal start-up cost.
Franchisor Background
Established: 1987
First Franchise: 1998
Franchise Units: 0
Company-Owned Units: 16
Total Units: 16
Distribution:
U.S. -- 16;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 13 in VA
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 1 Ft, 9 PT (seasonal) (FT = Full Time, PT = Part Time)
Space Needs: 600-1,000 SF; SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $40-60K
Total Investment: $51-86K
Average Total Investment: $68.5K
Minimum Net Worth: $100K
Fees:
-Franchise: $16K
-Average Franchise Fee: $16.0K
-Royalty: 9%
-Average Royalty: 9.0%
-Advertising: 6%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: NR
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 10
On-Going Support: C,d,E,G,H,I (Click here for an explanation)
Training: 25 Hours Richmond, VA.
Franchisor's Specific Expansion Plans
U.S.: VA Only
Canada: NR
Overseas: NR
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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