Tax Centers of America
Yes, we actively support the inclusion and development of minority-owned franchises in the Tax Centers of America system.
Tax Centers of America
1611 E. Main St.
Russellville, AR 72801-5328
800#: (800) 364-2012
Tel: (479) 968-4796
Fax: (479) 968-8012
E-mail: info@tcoa.net
Web Site: www.tcoa.net
Contact: Mr. Gordon Thornsberry, Franchise Manager
TAX CENTERS OF AMERICA is a tax preparation and electronic filing company with franchises in over 15 states. Our franchisees are provided with all the training and knowledge, and full-time support, to become successful. We are innovative in offering franchise opportunities to individuals desiring to become self-employed and businesses searching for a significant income stream. Franchises have unlimited expansion with our unique satellite system. The entrepreneurial spirit is a fundamental motivation.
Franchisor Background
Established: 1995
First Franchise: 1996
Franchise Units: 121
Company-Owned Units: 2
Total Units: 123
Distribution:
> North America -- Operations in 16 States
> States/Provinces with Greatest Density: 67 in AR, 10 in LA, 8 in NE
Units Owned by Minorities:
>African-American: 15
>Hispanic: 4
>Asian-American:
>Native American:
>Other: 1-Indian
Average Number of Employees: 4 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 800-1,200 SF; FS, SF
(for abbreviations click here)
Financial Requirements
Cash Investment: $23.2-28.9K
Total Investment: $23.2-28.9K
Average Total Investment: $26K
Minimum Net Worth: $NA
Fees
>Franchise: $15.5K
>Average Franchise Fee: $15K
>Royalty: $17/Return
>Advertising: NA
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/5
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 13
On-Going Support: A,d,G,h,I (for an explanation click here)
Training: 4 Days Russellville, AR.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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