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Below is an in-depth analysis and side-by-side comparison of Instant Tax Service vs Graitco including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $39,000 - $89,000 | $84,100 - $104,500 |
Franchise Fee | $39,000 | $35,000 |
Royalty Fee | 20% | 8% |
Advertising Fee | - | - |
Year Founded | 2000 | 1997 |
Year Franchised | 2004 | 2007 |
Term Of Agreement | 10 Years | 10 years |
Term Of Agreement | 10 Years | 10 years |
Renewal Fee | 25% of franchise fee | $5000 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/No |
Start-up Costs | Yes/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Specialized, in-depth training to prepare you for your new career as a small business owner. You will learn all about the tax industry, current tax laws, state-of-the-art software programs, and everything else you need to build your business. Our franchise support team will help you every step of the way. | Available at headquarters: 2 weeks |
Support | Our Franchise Support team will provide all the interior design specifications, floor plans, and marketing and sales materials you need for this business opportunity. If you have any questions, just call on our year-round franchise support team. | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
If you have an entrepreneurial spirit and an interest in succeeding with a powerful new business opportunity, you're not alone! As one of the top franchisors in the tax industry, we pride ourselves on offering small business owners the opportunity to succeed with us. Does this business opportunity offer you the type of challenge you're looking for? Are you comfortable with the type of investment you'll need? Be sure to ask questions from the company's franchise recruiting staff. Make sure the franchise has a proven business model and dedicated franchise support team. As a franchisor, we strive to make sure our franchisees are the right fit for our business opportunity. To learn more about franchising opportunities, visit our website www.instanttaxservice.com and fill out our request for information. Let us help you get started on the road to franchising!
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.