Franchising Status
Email Address
Phone Number
Unit Location
Email Address
Phone Number
3/10

Franchimp Summary Rating

4 /10
Higher than 61% of peers

Franchise Summary

Description
The Accounting Practice Sales franchise allows you to follow The APS System for the sale of accounting and tax practices.
Company Background
The Accounting Practice Sales franchise is the leading business model for accounting firms looking to sell their practices. The APS System allows you to follow a proven, step-by-step process that's been battle-tested over time. It works with any size practice and in every industry.
Franchise Opportunity
Selling an accounting or tax practice can be difficult. You need to find the right buyer, negotiate a fair price, and complete the sale in a timely manner. The average accounting or tax practice is sold for just 60% of its book value. This means that you could lose thousands of dollars if you don't sell your practice correctly. The APS System is a proven process that will help you sell your accounting or tax practice quickly and for top dollar. Our system has been used by over 1,000 accountants and tax professionals to sell their businesses.
Corporate Structure
Accounting Practice Sales II, Inc. is a Texas Corporation which was formed December 15, 2011 with an effective date of January 1, 2012 to initiate the Accounting Practice Sales franchising program. They maintain their principal place of business at 1207 Tremont Street, Mansfield, Texas 76063.
Investment and Franchisee Fees
The total investment to begin operation of the franchise ranges from $13,500 to $153,850. This includes the Initial Franchise Fee ranging from $1,100 to $94,400 depending on the size of the territory for territories composed of one area.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Employee Contact Database

# Name Position Phone Number Email Address

Franchise Disclosure Documents

FDD Effective Date

Distribution of Accounting Practice Sales Franchisees

Accounting Practice Sales Franchise System Development in 2021

FAQ

How much investment do I need to start my own Accounting Practice Sales business?
Franchisees typically require at least $13,800 to $13,800 investment to get their Accounting Practice Sales business started
What are the initial franchise fees for Accounting Practice Sales?
Franchisees typically need to pay at least $14,000 in fees directly to Accounting Practice Sales in order to earn the right to launch their business
How much money can I make with a Accounting Practice Sales franchise? What are the average revenues for a typical Accounting Practice Sales business?
We haven’t done the math on how much revenue a typical Accounting Practice Sales brings in each year. We estimate that other franchisees in the Professional Services industry generate $1,147,976 revenue, so we would expect Accounting Practice Sales to generate a similar amount
How long do I need to commit to running a Accounting Practice Sales unit? What is my contractual commitment?
Accounting Practice Sales franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $57,530 to $163,220 which is Much Higher than the $145,993 to $415,004 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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