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Instant Tax Service® Expands in 19 New Markets

Instant Tax Service® Expands in
19 New Markets

DAYTON, OH (January 19th, 2010) – Instant Tax Service, Entrepreneur Magazine’s top new
franchise in 2008 and 2009, continues to grow even during tough economic times.
This year, Instant Tax Service added 155 new franchisees to its system and sold
326 territories.

The company was also able to expand into 19 new markets.  Instant Tax Service now operates over 1,200
locations in 39 states.

“With the economy the way it is, our franchise recruitment
season definitely surpassed our expectations,” says Brook Wise, Vice President
of Franchise Recruitment for Instant Tax Service.  “What a lot of people are realizing is that
franchising is a great way to transition from traditional employment to entrepreneurship.”

The average franchisee came into the system with a down
payment of just $14,000- $34,000 in franchise fees, according to Wise. The
company is able to do this by offering flexible financing options to
franchisees. Fez Ogbazion, CEO of Instant Tax Service, says the company is
always willing to invest in promising franchisees.

“The industry distinction I’ve always been most proud of is
our ranking as Entrepreneur Magazine’s
lowest-cost franchise,” says Ogbazion. “We make it possible for working people
to own their own business. That’s not something you hear from most franchises.”

In 2010, the company hopes to expand its franchise system into
15 new markets and partner with an additional 178 franchisees. For more
information about franchising with Instant Tax Service, visit
or call 888.870.1040.

About Instant Tax Service

Instant Tax Service is a corporate sponsor of the Dayton area Toys for Tots
foundation. The company is a retail income tax preparation firm franchising
over 1,200 locations in 39 states. 
Founded by Fez Ogbazion in 2000 and franchising since 2004, Instant Tax
Service offers tax preparation, electronic filing, and refund anticipation loan
services. For more information, visit

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