Graitco Franchise
Tax preparation & financial services
The Great American Income Tax Company, GRAITCO, has been formed and is being offered to qualifying individuals as a business opportunity, an opportunity for motivated entrepreneurs to own
and operate their very own income tax business.
There are two types of clients in the tax preparation industry: low-end to middle, and middle to high-end.
The first type of client is typically served by local tax services and the national chains, while
the latter type of client is typically served by CPAs. As a GRAITCO franchisee, you will cater to and market to high-end clients, offering service comparable to that provided by CPAs, however, at more competitive prices. This means that your clients get the best of both worlds: high-end service, without the high-end pricing. This type of marketing strategy greatly increases your chances of success.
Start-up Costs & Franchises Fees
What is the total cost to open a Graitco Franchises?
Total Cost: $84,100-$104,500
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: 8%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $5000
Contact Information for Graitco
|
Graitco-The Great American Income Tax Co. |
Phone Number: (214)641-4267 |
Historical Expansion
In what year did Graitco begin operations? 1997
When did Graitco begin selling franchises? 2007
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
Available at headquarters: 2 weeks
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes