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H&R Block to Convert 500 Offices to Franchises

Source: orlando.bizjournals.com

H&R Block plans to sell a pool of 500 company-owned offices, converting them to franchises in U.S.A., throughout the fall and winter.

Kansas City, Mo.-based H&R Block  hopes to target entrepreneurs already operating in or interested in the tax business.

“H&R Block believes that success will be driven through a hands-on operator involved with the business,” said Ken Treat, senior vice president of franchise development, in a news release. “As such, these locations will be sold to entrepreneurs who will dedicate their time and enthusiasm to the business.”

H&R Block is offering new and established offices throughout the country. H&R Block said in the release that the existing offices have an established client base, equipment and experienced tax professionals that enable the franchisee to take over and immediately begin developing the market as an H&R Block franchise.

H&R Block is offering a refundable initial deposit and no franchise fee, business development support and year-round revenue opportunities through its various business services programs.

“There is no better time to join forces with the leader in the tax industry,” Treat said in the release. “As one of the most recognized brands, H&R Block has processes and tools in place that can help you realize your business goals, whether you are a current independent tax firm or an entrepreneur.”

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