Start-Up Costs and Fees |
||
| Electronic Tax Filers | Toro Taxes | |
| Investment | 22000 - 22000 | 37835 - 64150 |
| Franchise Fee | 0 | |
| Royalty Fee | 8% | |
| Advertising Fee | ||
| Year Founded | 1990 | 2012 |
| Year Franchised | 1991 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Electronic Tax Filers | Toro Taxes | |
| Experience | General business experience | |
Financing Options |
||
| Electronic Tax Filers | Toro Taxes | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Electronic Tax Filers | Toro Taxes | |
| Training | Variable | |
| Support | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | |
| Operations | 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Electronic Tax Filers | Toro Taxes | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Electronic Tax Filers | |
| Toro Taxes | |
| Franchise Fee | |
| Electronic Tax Filers | |
| Toro Taxes | |
| Royalty Fee | |
| Electronic Tax Filers | 8% |
| Toro Taxes | |
| Advertising Fee | |
| Electronic Tax Filers | |
| Toro Taxes | |
| Year Founded | |
| Electronic Tax Filers | 1990 |
| Toro Taxes | 2012 |
| Year Franchised | |
| Electronic Tax Filers | 1991 |
| Toro Taxes | 2019 |
| Term Of Agreement | |
| Electronic Tax Filers | 3 years |
| Toro Taxes | |
| Renewal Fee | |
| Electronic Tax Filers | $15K |
| Toro Taxes | |
Business Experience Requirements |
|
| Experience | |
| Electronic Tax Filers | General business experience |
| Toro Taxes | |
Financing Options |
|
| Franchise Fees | |
| Electronic Tax Filers | Yes |
| Toro Taxes | Yes |
| Start-up Costs | |
| Electronic Tax Filers | |
| Toro Taxes | |
| Equipment | |
| Electronic Tax Filers} | |
| Toro Taxes | |
| Inventory | |
| Electronic Tax Filers | |
| Toro Taxes | |
| Receivables | |
| Electronic Tax Filers | |
| Toro Taxes | |
| Payroll | |
| Electronic Tax Filers | |
| Toro Taxes | |
Training & Support |
|
| Training | |
| Electronic Tax Filers | Variable |
| Toro Taxes | |
| Support | |
| Electronic Tax Filers | Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Toro Taxes | |
| Marketing | |
| Electronic Tax Filers | Co-op advertising, Ad slicks, Regional advertising |
| Toro Taxes | |
| Operations | |
| Electronic Tax Filers | 29% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Toro Taxes | |
Expansion Plans |
|
| US Expansion | |
| Electronic Tax Filers | |
| Toro Taxes | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Electronic Tax Filers | |
| Toro Taxes | |
| International Expansion | |
| Electronic Tax Filers | |
| Toro Taxes | |