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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.
Below is a quick comparison of Graitco against other Tax Services franchises and business opportunities. For an in depth comparison of Graitco with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
1040TaxBiz | N/A | $249-$2,899 | ||
American Tax and Financial Group | $15,000 | 10% | $33,600-$43,000 | |
ATAX | $10,000-$25,000 | 10% | 5% | $17,450-$76,699 |
Colbert/Ball Tax Service | $15,000 | 15% | $30,000-$50,000 | |
Daniel Ahart Tax Service | $12,500 | 12% | $26,300-$44,600 | |
Eagle Tax Service | $50,000 | 14% | 4% | $81,000-$217,000 |
Econotax | $10,000 | 12% | $15,400-$33,000 | |
Federal Direct Tax Services | N/A | $299-$2,499 | ||
Fiducial | $25,000 | 7% | $30,200-$83,800 | |
Fiesta Insurance | $10,000 | 15%-25% | Up to $1.2K/mo. | $67,052-$120,599 |
Giant Franchise Corporation, The | $10,000 | 15% or $300 /month | $18,500-$61,375 | |
H & R Block | $2,500 | 30% | No Advertising Fees | $31,501-$149,398 |
Happy Tax | $20,000-$25,000 | 10%-20% | 2% | $30,400-$66,500 |
Instant Tax Service | $39,000 | 20% | $39,000-$89,000 | |
Jackson Hewitt Tax Service | $15,000-$25,000 | 15% - 5% | 6% | $45,130-$110,255 |
Ledgers Canada | $20,000 | $30,000 | ||
Liberty Tax Service | $40,000 | 14% | 5% | $58,700-$71,900 |
Listo Tax Solutions | $30,000 | 11.5% | $55,200-$92,200 | |
National Tax Centers of America | $10,000 | 15% | $15,400-$33,000 | |
Padgett Business Services | $15,000-$56,000 | 9%+ | $20,200-$99,975 | |
Paramount Tax & Accounting | $49,500 | 8% | 2% | $87,851-$142,000 |
Roni Deutch Tax Center | $29,000 | $30,633-$119,950 | ||
Sareen & Associates | $20,000 | 15% | $758,000 | |
SiempreTax+ | $25,000-$40,000 | Varies | 5% | $43,700-$71,900 |
Smart Tax | $20,000 | 15-20% | 3% Nat'l $1500Local | $36,650-$93,600 |
Succentrix Business Advisors | $24,900 | 7% | 1% | $38,600-$49,700 |
Tax Centers of America | $20,000 | $30-55/return | $20,300-$63,550 | |
Tax Planning Centre | $15,000 | $25,000 | ||
Tax Refund Store, The | $25,000 | 12% | $42,000-$50,000 | |
TaxAssist Accountants | $49,950 | $200,000-And Up | ||
Toro Taxes | $25,000 | $37,835-$64,150 | ||
Trans Canada Tax Service | $4,000 | 10% | 2% | $23,000-$28,000 |
Umbrella Financial Services | N/A | $199 |