H And R Block Will Convert 500 Company Offices To Franchises
The Business Journal of Milwaukee:
H&R Block Inc. plans to sell a pool of 500 company-owned offices, converting them to franchises throughout the fall and winter.
Kansas City-based H&R Block (NYSE: HRB) 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,” Ken Treat, senior vice president of franchise development, said in a release Thursday. “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.
