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Quick Summary
NSTANT MONEY TAX SERVICE offers tax preparation, rapid refunds and instant tax refund advances, catering to low to middle income taxpayers. This market segment represents roughly 50% of paid tax preparations in the U.S. Owning a recession-resistant NSTANT MONEY TAX SERVICE franchise would enable you to capitalize on a $10 billion opportunity.
*Please contact "Nstant Money Tax Service" to confirm the accuracy of any information provided on this page.
Nstant Money Tax Service
Business Cost, Fees & Facts for 2024
Minimum Cash Required | $50,000 |
Available In These States:
Overview
Nstant Money Tax Service - Franchise
The Opportunity
In the year 2018, there were about 155 million tax returns filed with the Internal Revenue Service (IRS). Of these, approximately 60%, or 93 million, were prepared by paid tax professional. And of these paid returns, approximately 50%, or 47 million, are those of low income taxpayers.
When filing their tax return, the vast majority of these 47 million low income taxpayers opt for a rapid tax refund or an instant tax refund advance. As the owner of an NSTANT MONEY TAX SERVICE franchise, you would be uniquely positioned to serve these low-income taxpayers and capitalize on a $10 billion market opportunity. In fact, you have the potential to earn twelve (12) months of six (6) figure income, in just four (4) short months, from a single location.
No Experience Needed
No prior tax experience is needed to own an NSTANT MONEY TAX SERVICE franchise. We will provide you and your staff with full training in every aspect of your business, from site selection and lease negotiation, to marketing for clients and the daily operation of your office. Also, we provide you with ongoing support. We’re always just a phone call, text message or email away.
Low Investment/Low Overhead
The investment required to start an NSTANT MONEY TAX SERVICE franchise is low, from about $59,000 to $72,000, which includes our franchise fee of $40,000. Also, the overhead required to run a location is low. You only need a small amount of retail office space (as small as 600 square feet), some basic office equipment and 1 or 2 seasonal, low-wage employees. A low-overhead operation means higher profit margins.
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