The TAX DRx Investment
Our tax franchise investment fee in New Jersey and the US is currently $24,950.
We do offer discounts for CPAs, EAs or Attorneys, and offer credits for potential Franchisees who already own a tax business. These discounts may reduce the franchise fee to as low as $14,950. Additionally, we offer a Multi-Unit Development Agreement for the development of three or more TAX DRx businesses that significantly reduces the initial franchise fees.
Multi-Unit Development Opportunity
When you sign the Multi-Unit Development Agreement for your TAX DRx tax franchise investment in New Jersey or nationwide, your development fee is equal to 100% of the initial franchise fee for the first Business to be developed, plus 50% of the reduced initial franchise fees for the two additional Businesses you commit to. The initial franchise fee payable for the first Business is $25,000; the initial franchise fee payable for the second Business is $20,000; and the initial franchise fee payable for the third Business is $15,000. Therefore, the development fee is calculated as $25,000 + $10,000 + $7,500 = $42,500.
When you sign the Franchise Agreement for the first Business to be developed, which we expect will be signed at the same time the Multi-Unit Development Agreement is signed, we will apply a portion of the development fee to pay the initial franchise fee for the first Business in full. For the two additional Businesses you will develop under the Multi-Unit Development Agreement, we will apply a pro rata portion of the development fee toward the initial franchise fee due and the balance of the initial franchise fee due is payable in a lump sum when you sign the lease agreement for that Business.
In addition to the franchise fee, you will have the usual expenses affiliated with opening a retail office.
These office expenses often include:
• Office furniture;
• Computer equipment;
• Office supplies;
• Marketing and advertising.
These will vary depending upon your location, retail office space size, team size, and more.
In most cases, you can open a TAX DRx office for an estimated initial total investment of $87,550 to $129,300. All of these expenses are outlined in our Franchise Disclosure Document, known as the FDD. If you’d like access to the FDD, start by filling out our Request More Information form.
Do you have the background and qualifications to be a candidate for a TAX DRx tax franchise investment as a CPA or financial advisor in New Jersey or the US? Are you ready to invest in the future of your business, and increase your earnings with a proven methodology? Contact us today and let’s discuss your future tax franchise investment with TAX DRx!