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Toro Taxes Franchise FDD, Costs & Fees (2026)

Toro Taxes offers tax preparation and financial services, providing individuals and businesses with assistance in tax filing and financial planning.

KEY FRANCHISE STATS

Franchisees

?

192
+
6%
6%
Franchise fee

?

$40,000
Investment

?

$18,000 - $79,000
Revenue (AUV)

?

Undisclosed

$0

+
n.a.
n.a.
Sign up

Toro Taxes is a financial services franchise specializing in tax preparation for individuals, families, and small businesses. Its services include personal and business tax filing, bookkeeping, ITIN applications and renewals, and other financial assistance. The brand focuses on serving Latino communities through bilingual, in-person support.

Founded in 2010, Toro Taxes initially focused on helping Latino families navigate tax filing and financial matters. The company began franchising in 2014, developing a business model centered on accessible tax services and community relationships.

Over time, Toro Taxes expanded its services beyond tax preparation to include business formation, payroll assistance, insurance, and real estate-related services. The brand continues to emphasize Spanish-language assistance and year-round financial support for individuals and business owners.

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Initial investment

The initial investment required for a Toro Taxes franchise is $18,000 - $79,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee$5,000 - $40,000
Construction and Leasehold Improvements$0 - $7,000
Furniture, Fixtures, Office Supplies and Equipment$1,500 - $3,500
Scanner and Signature Pad Equipment Fee$1,000
Signs$810 - $1,350
Computer, Software and Point of Sales System$2,500 - $4,500
Prepaid Rent and Lease Deposits$1,000 - $3,000
Utility Deposits$225 - $500
Insurance Deposits$300 - $800
Travel and Lodging for Initial Training$0 - $2,000
Grand Opening Marketing Expense$1,000 - $3,000
Professional Fees$1,000 - $2,000
Business Licenses and Permits$500 - $1,500
Additional Funds – Initial Period of Three Months$3,000 - $9,000
Total Estimated Initial Investment $17,835 - $79,150

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Type of Expenditure Amount
Initial Franchise Fee$5,000 - $40,000
Construction and Leasehold Improvements$0 - $7,000
Furniture, Fixtures, Office Supplies and Equipment$1,500 - $3,500
Scanner and Signature Pad Equipment Fee$1,000
Signs$810 - $1,350
Computer, Software and Point of Sales System$2,500 - $4,500
Prepaid Rent and Lease Deposits$1,000 - $3,000
Utility Deposits$225 - $500
Insurance Deposits$300 - $800
Travel and Lodging for Initial Training$0 - $2,000
Grand Opening Marketing Expense$1,000 - $3,000
Professional Fees$1,000 - $2,000
Business Licenses and Permits$500 - $1,500
Additional Funds – Initial Period of Three Months$3,000 - $9,000
Total Estimated Initial Investment $17,835 - $79,150

Franchise Disclosure Document

Below is Toro Taxes's 2026 Franchise Disclosure Document. Sign up for free to view the document.

Number of units

Toro Taxes had 194 total units in 2026, of which 192 were franchised-owned and 2 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Toro Taxes

key competitors in the

Tax

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Sign up
EBITDA
Sign up

192

New
+
6%
6%

10.00%

$18,000

-

$79,000

$0

n.a.

$xxx,xxx

n.a.

xx%

n.a.

Competitors

Below are some of Toro Taxes's key competitors in the Tax sector.

Decimal

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$46,000 - $1,111,000
Revenue

?

Sign up
Undisclosed

$0

Ledgers

Franchisees

?

16
+
300%
300%
Investment

?

$48,000 - $90,000
Revenue

?

Sign up
Undisclosed

$294,000

Fiesta Insurance

Franchisees

?

219
+
-11%
-11%
Investment

?

$88,000 - $172,000
Revenue

?

Sign up
Undisclosed

$285,000

Liberty Tax Service

Franchisees

?

1537
+
-15%
-15%
Investment

?

$50,000 - $71,000
Revenue

?

Sign up
Undisclosed

$139,000

Transworld Business Advisors

Franchisees

?

452
+
19%
19%
Investment

?

$104,000 - $131,000
Revenue

?

Sign up
Undisclosed

$230,000

Toro Taxes

Franchisees

?

192
+
6%
6%
Investment

?

$18,000 - $79,000
Revenue

?

Sign up
Undisclosed

$0

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Revenue (AUV) and profits (Item 19)

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