American Tax & Financial Group

American Tax and Financial Group, Inc. is a retail tax preparation company headquartered in Dallas, Texas. The company offers computerized income tax preparation with electronic filing specializing in 24-hour Refund Anticipation Loans and 10-day Express Refund Checks. Financial and small business services are also offered.

This company was formed for the primary purpose of capturing a dominant share of the $10 billion U.S. income tax industry. This vision will be accomplished through the franchising of three trademarked brands: Black American Income Tax Services, Latino Income Tax, and The Income Tax Place.

 BACKGROUND

  • Established: 1997

  • 1st Franchised: 2003

  • Franchised Units: 3

  • Company Owned Units: 1

  • Projected New Units (12 Months): 150

  • Registered: All States

FINANCIAL/TERMS

  • Cash Investment: $45K

  • Total Investment: $45K

  • Minimum Net Worth:

  • Franchise Fee: $20K each for both Black American and Latino Tax Services / $15K for The Income Tax Place

  • Royalty: 15% for Black American and Latino Tax Services / 12% for The Income Tax Place

  • Ad: 5%

  • Average Number Of Employees: 4

  • Passive Ownership: Yes

SUPPORT & TRAINING PROVIDED

  • Financial Assistance Provided: Yes

  • Site Selection Assistance: Yes

  • Lease Negotiation Assistance: Yes

  • Co-Operative Advertising: No

  • Training: Yes / 5 days of training in Dallas which covers tax course, software, and operations

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