Graitco vs SiempreTax+ Franchise Comparison

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

Start-Up Costs and Fees

 
Graitco Franchise
SiempreTax+ Franchise
Investment $84,100 - $104,500$43,700 - $71,900
Franchise Fee $35,000$25,000 - $40,000
Royalty Fee 8%Varies
Advertising Fee -5%
Year Founded 19972014
Year Franchised 20072014
Term Of Agreement 10 yearsPerpetual
Term Of Agreement 10 yearsPerpetual
Renewal Fee $5000-


Business Experience Requirements

 
Graitco Franchise
SiempreTax+ Franchise
Experience --

Financing Options

 
Graitco Franchise
SiempreTax+ Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/Yes
Start-up Costs No/NoYes/Yes
Equipment No/NoYes/Yes
Inventory No/NoYes/Yes
Receivables No/No-/-
Payroll No/NoYes/Yes

Training & Support

 
Graitco Franchise
SiempreTax+ Franchise
Training Available at headquarters: 2 weeks On-The-Job Training: Ongoing Classroom Training: 40 hours
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed

Expansion Plans

 
Graitco Franchise
SiempreTax+ Franchise
US Expansion -Yes
Canada Expansion -No
International Expansion -Yes

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 SiempreTax+

SiempreTax+ is a low-investment tax franchise opportunity, specializing in tax return preparation for individuals and small businesses in the Hispanic market. It is an affiliate of the Liberty Tax brand, one of the fastest growing tax preparation companies in the industry.

Veteran Incentives  20% off franchise fee if paid in full/free financing of franchise fee