Franchise Database (Updated ) | FranChimp

MyTaxFiler

GVA Franchise, LLC

Company Information

4512 Legacy Dr., Ste. 100180Plano, TX 75024

[email protected]

Our sole business is the offer and sale of MyTaxFiler/GlobalCFOService Franchises and the servicing and supporting of our Franchisees. We do not operate businesses of the type being franchised. We are offering the opportunity to franchise our taxation, bookkeeping and CFO services business. We will provide you with the requisite training on our business methodology, proprietary business software, and basics of taxation and accounting to enable you to provide the highest quality services to your clients. Further, we will help you to market your services. You will operate your MyTaxFiler franchise from a small business location like office condos. If you operate only a GlobalCFOService franchise, you will have the option to operate from a home-office.

FDD Effective Date Action

Franchise Rating

Franchimp Summary Rating

10/10

Investment Accessibility

10/10

Franchise System Development

Year Units at Start of Year Units Opened Units Terminated Non-Renewals Re-Acquired by Franchisor Ceased Operations Units at End of Year

Employee Contact Database

# Name Position Email Phone

Summary of Investment Costs

Upfront Franchise Fees

Minimum: $25,000 Maximum: $25,000

Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.

These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.

While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.

Total Investment Costs

Minimum: $42,250 Maximum: $68,000

Ongoing Fees

Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.

These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.

Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.

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