High-Earning Tax Franchise – Semi-Absentee Friendly!
Liberty Tax franchise for sale in Greensboro, North Carolina
List Price: $540,000 USD
Key Facts
Annual Gross Revenue
$418,599 USD
Cash Flow
$200,000 – $300,000
Seasonal Business
Yes
Value of Inventory
$0
Value of Assets
Less than $25,000
Year Established
2004
Business Operates From
A retail location
Location Is
Leased
Approx. Monthly Rent
$3,000
Total Employees
10–25
1–3 MonthsTransition
Support
SomewhatPrice/Terms
Flexibility
NoneSeller financing Available
PassiveOwner
Involvement
About this Business
This thriving tax prep business combines serious cash flow with a laid-back, high-energy vibe. Known locally for its friendly service and strong results, the business is built on repeat clients, a rock-solid team, and efficient seasonal operations that don’t require constant oversight.
In fiscal year 2025, the business brought in $418,599 in revenue and produced $203,805 in cash flow. The owner has been semi-absentee, spending about 10 hours a week during tax season and just a few in the off-season. With a dependable manager and a solid team of 12 seasonal staff (plus two year-round), the operation is dialed in and ready to keep running semi-absentee or grow even more with an owner who wants to lean in a bit.
The office sits along a busy Asheboro corridor with strong visibility and steady foot traffic, drawing in a loyal base of working families, small business owners, and retirees. With a 4.9-star Google rating and a reputation for making taxes feel easy, the business stands out in all the right ways. Marketing efforts include digital ads, referrals, local outreach, and walk-in visibility—creating a reliable flow of new and returning clients.
The setup is turnkey, the team is steady, and the systems are working. With clean books, strong performance, and plenty of upside, this business is built for someone who wants to keep it running smoothly—or take it to the next level with just a bit more involvement.
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Growth opportunities
This franchise is well-positioned for growth as the region experiences a surge in economic development, including Toyota’s $14 billion investment and 3,000 new jobs. While the current owner has focused on seasonal services, Liberty Tax® offers untapped year-round revenue streams like accounting, tax debt relief, Medicare enrollment, mortgage, insurance, and more. A more engaged owner could re-engage past clients, build referral partnerships, and grow revenue by offering broader financial solutions.
Owner's Day-to-Day Involvement
Seasonal business in which seller works weekly: In season 10 hrs and Out of season 1-5 hrs.
Asset Description
The sale price includes all of the assets required for running the business. The office comes fully furnished with equipment including desks, chairs, tables, room dividers, filing cabinets, storefront signs and waver costumes, desktop computers with monitors and keyboards, printers, scanners, and marketing materials. Value estimated at $25,000.
Reason for Selling
Early Retirement
Why I Love My Franchise
Profitable, great team, & great clients!
About Liberty Tax
Liberty Tax Service is a leading tax preparation franchise with over 2,700 locations, known for its approachable brand and recession-resistant business model. Founded in 1997, Liberty Tax provides a flexible operational approach—whether passive, part-time, or full-time—allowing franchisees to cater their involvement based on personal preferences and other commitments. In addition to tax preparation, franchisees can expand their services to include accounting, payroll, Medicare enrollment, and insurance services, adding year-round revenue streams beyond the traditional tax season. This diversification helps franchisees build a robust, sustainable business that adapts to market demands.
Franchisee Support
Liberty Tax provides 365-day support to franchisees, ensuring they have the resources needed to succeed. Franchisees receive ongoing support from their Area Developer, National Advisory Council Representative, and access to world-class marketing programs. Industry-leading training programs, 24/7 support channels, and an experienced franchisor knowledge base are also provided. Franchisees can further benefit from exclusive networking and educational opportunities at the annual national convention.
Brand Accolades & Awards
Liberty Tax Service has consistently ranked in Entrepreneur Magazine’s Franchise 500 for over 20 years and has earned recognition from other industry experts like Franchise Times, Franchising.com, and Accounting Today. These accolades reflect the brand's longstanding success and credibility. They were also recognized by Franchise Business Review as one of the Top 200 Franchises in 2026.
Industry / Market
The tax preparation industry is projected to grow from $14 billion in 2022 to $20 billion by 2027, at a CAGR of 7.5%. Liberty Tax, with over 2,700 locations in North America, is well-positioned to capitalize on this growth, particularly during tax season. The brand’s emphasis on customer service and community engagement strengthens its competitive edge in a market where individuals and businesses increasingly seek professional tax preparation assistance.
Ideal Owner
The ideal Liberty Tax Service franchisee is financially savvy and passionate about helping individuals and businesses with their tax needs. They should be customer-oriented, organized, and capable of managing a team effectively during tax season. A background in finance or accounting is beneficial, along with strong communication skills to build client relationships.