Franchise With

BooXkeeping

General

Year Founded
2011

Number of Locations

Total U.S. Locations

10
U.S. Franchised Units
9
U.S. Corporate Units
1

Other

Initial Investment

Gross Revenue

$719,415
Works With Brokers
Yes
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Brand Summary

BooXkeeping is a bookkeeping franchise that combines professional expertise with genuine human connection to provide cutting-edge bookkeeping services for small and medium-sized businesses, franchisees, franchisors, CPA firms and more.

Founded by Max and Elena Emma, two entrepreneurial immigrants with in-depth experience in finance and accounting, the brand’s journey spans over 20 years. BooXkeeping is the preferred bookkeeping vendor for over 95 franchise brands in the U.S., including companies like FastSigns, Gameday Men's Health, Sport Clips and more.

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Brand Highlights

Flexible for Your Goals - Can start your business anywhere, remote model that allows you to build the work life balance you desire
Low Start Up Investment - $62,342-$69,432, makes launching your business approachable and a quicker pathway to profitability
Get Clients from Day 1 - BooXkeeping is a Preferred Bookkeeping Provider for over 95 franchise brands in the US
No Experience Required - BooXkeeping offers comprehensive training & support, including 3 months of Accounting School, 12 months of Executive Coaching and 6 month of sales training

Financials

Initial Investment
$33,842-$69,342
Franchise Fee
$25,996-$44,995
Royalty
10.0%
Marketing Fee
2.0%
Financial Requirements
$30,000

Key Franchise Facts

Average Unit Volume* (AUV) 2020

$495,103

Average Unit Volume* (AUV) 2021

$527,556

Average Unit Volume* (AUV) 2022

$424,079

Average Unit Volume* (AUV) 2023

$530,460
*as outlined in Item 19 of the Franchise Disclosure Document.

The Ideal Candidate

We want to partner with people who already understand the business. They don't have to be CPAs or bookkeepers but we prefer some accounting or finance background. We fully train them and provide full staff to do the work, so they can focus on client acquisition and building relationships. You don’t have to do the actual work, but you do have to understand it. If you are a good communicator and a people-person, you are going to be very successful.

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The Ideal Candidate

We want to partner with people who already understand the business. They don't have to be CPAs or bookkeepers but we prefer some accounting or finance background. We fully train them and provide full staff to do the work, so they can focus on client acquisition and building relationships. You don’t have to do the actual work, but you do have to understand it. If you are a good communicator and a people-person, you are going to be very successful.

Frequently asked questions

On the franchisee standpoint, are they required to be a CPA, or do you want them to have an accounting background?

They don’t have to be CPAs since we don’t work with taxes. We actually get most of our referrals from CPAs, so we don’t want to compete with them. Our model is different from most accounting franchises because we stay away from taxes. We prefer some accounting or finance background, but they don’t have to be bookkeepers. We fully train them and provide full staff to do the work, so they can focus on client acquisition and building relationships.

Is there a demand for a model like BooXkeeping?

Bookkeeping is a $4.2 billion industry in the United States, and there’s growing interest in bookkeeping services, especially with the economic slowdown. Many are questioning the need for a full-time bookkeeper when much of the work can be done more efficiently by an outside party.

What do you offer to franchisees in the way of support and training?

BooXkeeping offers comprehensive training and support, including: 3 months of Accounting School, 12 months of Executive Coaching, in-depth sales training, and much more as part of the onboarding and ongoing support provided to our franchisees.

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