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FRANCHISE RESALES

Buy a Toro Taxes Franchise

Toro Taxes is a tax preparation franchise built around the US Latino and Hispanic community, widely cited as the largest Latino-owned tax franchise in the country. Founded in 2010 and franchising since 2014, the brand operates a network of offices across around 30 states, serving individuals, families and small businesses with bilingual, culturally tailored service.

Offices are designed to earn well beyond tax season. Alongside individual and business tax preparation, franchisees offer bookkeeping and payroll through the ToroBusiness division, plus life, auto, home and commercial insurance, real estate guidance and home loans. The aim is to turn a seasonal tax office into a year-round local financial hub.

The company is led by CEO and co-founder Nick Maldonado and runs a dedicated support infrastructure, including a call centre in El Salvador and an in-house marketing department. A Visa Program supports international owners entering the US through investor-visa pathways. Toro Taxes has grown partly through conversion, adding established independent offices to its network as it expanded nationally.

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Why buy a Toro Taxes Franchise?

Buying a Toro Taxes franchise is entry into a niche the brand has spent over a decade building: bilingual, culturally tailored tax and financial services for one of the fastest-growing consumer segments in the US. As the largest Latino-owned tax franchise in the country, it carries brand recognition and trust that an independent preparer would struggle to replicate locally.

The multi-service model is central to the appeal. Bookkeeping, payroll and insurance lines give owners revenue outside the January-to-April tax window, smoothing the seasonality that limits many tax offices. Franchisees draw on shared technology, an in-house marketing department, year-round training and a dedicated call centre, so a new owner is not building systems from scratch.

Toro Taxes Franchise Costs & Information

Based on 2025 data reported in the 2026 FDD

  • Brand Profile

    • Year Founded

      2012

    • Franchising Since

      2015

    • New Startup Cost

      $17,835 – $79,150

    • Avg. Resale Price

      Contact us for details

  • Franchise Fees

    • Initial franchise Fee

      $40,000

      for new territories

    • Transfer Fee

      $2,500

    • Royalty Fee

      10%

      of Bank Product Gross Sales

    • Marketing Fee

      2%

      of Bank Product Gross Sales

  • Unit Performance

    • Total Units *

      194

    • New Units Opened *

      20

    • Units Transferred *

      9

    • Avg. Unit revenue *

      $63,874

    * Based on 2025 data reported in the 2026 FDD

Toro Taxes – Additional  Information

  1. Training & Support

    New franchisees receive 50 hours of classroom training plus access to tax preparation software, an operations manual and an exclusive web portal. Support continues year-round through monthly in-person and virtual courses covering tax, operational and business topics, an in-house marketing department providing customised advertising, and a dedicated support team backed by a call centre in El Salvador, while the ToroBusiness division helps offices add bookkeeping and payroll. Buyers of an existing Toro Taxes office should confirm what transfer training and portal and software access carry over to incoming ownership.

  2. Ideal Owner

    Toro Taxes suits a community-minded local operator who wants to serve the Latino and Hispanic market and is comfortable building relationships and a referral base. No prior tax or accounting experience is required, since training covers the technical side, but owners should be ready to run a client-facing office, manage and develop preparers, and sell additional services such as bookkeeping and insurance. The model rewards full-time, hands-on operators, and bilingual owners with strong local community ties are especially well placed.

  3. Recognition & Awards

    Toro Taxes has been recognised by Inc. 5000 as one of America's fastest-growing companies, ranking #2222 on the strength of 181% revenue growth. The brand is widely cited as the largest Latino-owned tax preparation franchise in the United States, with a presence across around 30 states. For resale buyers, this brand-level recognition should be weighed alongside the reputation of the specific office, including local reviews, community visibility and referral sources within its territory.

  4. Industry / Market

    The US tax preparation services market is worth roughly $15 billion (IBISWorld, 2026), a steady, essential-service category supported by recurring annual filing demand. Toro Taxes targets the US Hispanic population, the country's fastest-growing major demographic, where bilingual, culturally tailored service is in demand. Tax work is seasonal and concentrated early in the year, which is why the brand's bookkeeping, payroll and insurance lines matter for smoothing revenue. For resale buyers, local demographics and the strength of an office's year-round services shape its value.

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