Graitco vs Toro Taxes Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Graitco vs Toro Taxes including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Graitco Franchise
Toro Taxes Franchise
Investment $84,100 - $104,500$37,835 - $64,150
Franchise Fee $35,000$25,000
Royalty Fee 8%-
Advertising Fee --
Year Founded 19972012
Year Franchised 20072019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5000-


Business Experience Requirements
 
Graitco Franchise
Toro Taxes Franchise
Experience --

Financing Options
 
Graitco Franchise
Toro Taxes Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Graitco Franchise
Toro Taxes Franchise
Training Available at headquarters: 2 weeks-
Support --
Marketing --
Operations --

Expansion Plans
 
Graitco Franchise
Toro Taxes Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Graitco

The Great American Income Tax Company, GRAITCO, has been formed and is being offered to qualifying individuals as a business opportunity, an opportunity for motivated entrepreneurs to own and operate their very own income tax business. There are two types of clients in the tax preparation industry: low-end to middle, and middle to high-end. The first type of client is typically served by local tax services and the national chains, while the latter type of client is typically served by CPAs. As a GRAITCO franchisee, you will cater to and market to high-end clients, offering service comparable to that provided by CPAs, however, at more competitive prices. This means that your clients get the best of both worlds: high-end service, without the high-end pricing. This type of marketing strategy greatly increases your chances of success.

About Toro Taxes

Originally founded by Oscar Toro and Nick Maldonado as a Tax Preparation Company, Toro Taxes has grown into a National Latino Based National Provider of Tax Preparation & Bookkeeping Services.Toro Taxes provides full training to all new and ongoing franchisees and their tax consultants. You and your staff will learn from IRS registered tax professionals with years of experience. You will learn how to provide the best service to your customers to learning and understanding the latest tax codes and processes. No experience in taxes is necessary. We provide full training to all NEW franchisees. If you have business experience in management and have the leadership skills to guide others to achieve your goals then Toro Taxes is your home.