Toro Taxes
Business & Professional Services · Tax & Accounting
- Active units
- 192
- Royalty
- 10.0%
Franchised, year-end 2025
of weekly Net Sales
About Toro Taxes
Toro Taxes Official is the largest Latino tax franchise in America, providing comprehensive and efficient tax preparation services nationwide. With over 180 offices spread across 23 states, Toro Taxes caters to the growing needs of the Latino market, the fastest growing demographic in the United States. Backed by experienced tax advisors, we offer quick tax refund estimates and strive to deliver exceptional service to our clients. At Toro Taxes, we take pride in offering a turn-key business model to our franchisees, equipping them with all the necessary tools to succeed. Our franchise opportunity includes innovative technology, brand recognition, low investment cost, comprehensive training and support, effective marketing strategies, and additional revenue streams. We constantly strive to improve our infrastructure to ensure the success of our franchisees. If you're ready to take control of your career and own your own tax preparation business, reach out to Toro Taxes Official today. Discover the benefits of joining our franchise and find out if it's the right opportunity for you. Call +1 (800) 867-6829 or visit our website to learn more.
Key terms
- Franchise fee
$40k
- Immediate Payment Discount
If you pay the Initial Franchise Fee in full upon executing the Franchise Agreement or prior to the Discount End Date, discounted to $25,000
- In Term Additional Franchise Agreement
If you pay at signing of a subsequent Franchise Agreement, discounted initial franchise fee to $15,000
- Conversion Program Discount
Pay $5,000 initial payment and execute promissory note for full Initial Franchise Fee; balance may be forgiven if 100 converted client files obtained in first tax season
- Loyalty Program Discount
After renewal and meeting conditions, may enter into another Franchise Agreement within 24 months and not pay the initial franchise fee
- Brand fund
2.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
200 – 1,200 sq ft
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations192
Franchised units open at year-end
- New openings20
Gross new units opened during the calendar year
- 1-year unit growth rate-6.3%
Net unit growth versus prior year
- 3-year unit CAGR3.0%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.6×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment—
Midpoint of estimated initial investment range
- Time to open30 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate10.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 175 of 475 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.