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Accountax Services

Accountax Services
499 Ray Lawson Blvd., # 32
Brampton, ON L6Y 4E6 CANADA
800#:
Tel: (905) 453-3220
Fax: (905) 453-9562
E-Mail:
Web Site:
Contact: Mr. Vijay Kapur, Chief Executive Officer


Accounting, bookkeeping, taxation and financial planning center.


Franchisor Background

Established: 1979
First Franchise: 1981
Franchise Units: 3
Company-Owned Units: 1
Total Units:4

Distribution:
U.S. -- 1; Canada -- 3; International -- 0
> North America -- Operations in 2 Provinces
> States/Provinces with Greatest Density: 2 in ON, 1 in BC

Projected New Units Over Next 12 months:2
Franchisee Qualifications:5, 5, 5, 4, 4, 5
(for an explanation click here)

Registered in Following Registration States: All States
Average Number of Employees: 1 FT, 1 PT (FT = Full Time, PT = Part Time)
Space Needs:600 SF; HB, SF, SC, RM (for abbreviations click here)

Financial Requirements

Cash Investment: $5K
Total Investment: $10K
Average Total Investment: $10K
Minimum Net Worth: $50K

Fees
>Franchise: $2.5K;
>Average Franchise Fee: $2K
>Royalty: 5%
>Advertising: 2%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes


Franchisor Support and Training Provided

Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 8
On-Going Support: a,b,c,d,E,F,G,h,i (for an explanation click here)
Training: 2 Weeks Toronto, ON; 1 Week On-Site.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: All Countries

Note: NR = No Response by Franchisor.
For a sample questionnaire click here.

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