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Investment Information

Franchise

Item
Franchise Cost
Equipment & Supplies
Lenders Premium
Buyer Down Payment
Loan Amount
Interest Rate
Duration
Payment Frequency
Payment Amount
Total Paid
From
$25,000
$9,000
$5,000
($9,000*)
$30,000
12%
5 yrs
Yearly
$8,322.29
$41,611.46

**Item 7 of our Franchise Disclosure Document (FDD) provides you with in-depth information regarding the costs and expenses you can plan to incur when developing an TORO Taxes Office. These are estimates based upon the actual experience of ourselves and our franchisees, but they can vary by area of the country, region, city, and county.

  • Franchise Fee: $25,000 (Includes Individual & Business Services )
    • Business Services Include: Entity Creation, Bookkeeping, Payroll, Non Profit Certification, Audit Representation.
    • You have the option of either providing the services yourself or refer the clients to Corporate for a 25% commission on the fees collected. Franchisees will be the face of the business services but corporate will complete the work.
  • Royalty: 10% + Marketing: 7%
  • Protected Territory: 20,000 population
  • Conversions Promo
    • Qualifications: Must have a minimum of 150 existing tax clients to qualify
    • 150-250 tax clients qualifies for 50% franchise fee waiver and a $5k rebranding credit
    • 251+ qualifies for 100% franchise fee waiver and $10k rebranding credit
    • The credit is applied towards future royalties due.
  • *Financing Available with only a $9,000 down payment

What Do You Get for Your Investment?

  • Year round franchisee support
  • Year round customer service call center
  • Access to year round training programs, conferences and special events
  • Access to other year round income generating products
  • Access to both Online & Live Preparer Training Courses
  • Access to our Company Web Portal
  • Current Tax Year plus all applicable back years’ tax preparation software licenses
  • Protected Territory (2 mile drivable distance)
  • Access to Pre-Approved/Designed Marketing Materials
  • All equipment, supplies, and furniture needed to operate your business.

Independent Contractor: Mobile Tax Office

Interested in opening your own Tax Preparation Business but don’t have the funds just yet? We created an easier way for Individuals to eventually own a franchise by allowing them to start with a low investment while they build a book of business and later convert to a Franchise.

For only $1,000 you can start your own Mobile Tax Office.

What Do You Get for Your Investment?

  • Year round support
  • 1 current tax year plus all applicable back years’ tax preparation software licenses
  • 1 Portable Hand-Held Scanner
  • 1 Portable Electronic Signature Pad
  • Access to our Company Web Portal
  • Admission to any available training sessions in the country
  • Unlimited Online Access to Toro University
  • Access to all Toro marketing material
  • access to all additional revenue generating products
  • 1st 50tax return client folders
  • 1K Personalized Business Cards

Requirements

  • Must have and maintain a laptop and high speed internet connection
  • Only available in specific territories.

Are you ready to start your own tax preparation franchise?
Call 800.867.6829 for more information on how to get started or visit our FAQ page!

Why Franchise With TORO Taxes?

Discover the Benefits

Ready To Start Your New Franchise?

Ready To Start Your New Franchise?