Question 1

How many Toro Taxes franchise locations are there?

Accepted Answer

Toro Taxes currently has 219 total units, including 205 franchised locations and 14 company-owned locations.

Question 2

Is the Toro Taxes franchise system growing or shrinking?

Accepted Answer

Toro Taxes has experienced positive net growth of +12.3% over the past year, with a 3-year compound annual growth rate (CAGR) of +3.6%.

Question 3

What is the franchise vs. company-owned ratio for Toro Taxes?

Accepted Answer

Toro Taxes has a franchise ratio of 94%, meaning 94% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Toro Taxes franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Toro Taxes had 55 units opened and 31 units closed.