Las Vegas, NV. Los Taxes, the original Latino tax franchise ever founded in the U.S. which is based out of the east coast merges with Toro Taxes, the Largest Latino Tax Franchise headquartered in Las Vegas, NV.
This merger is an industry game changer. Together, this powerhouse now encumbers nearly 140 locations across 17 states from coast to coast.
They plan to continue their primary focus on the vast and underserved Latino market; the fastest growing population in the country.
Continued expansion is being fueled by a $5M investor funded Capital injection.
Additionally, $1.65M in funding has been secured from a separate investor and these funds will be allocated specifically to help finance new franchisees on the purchase of their franchise, equipment and supplies.
“We are excited not only because of the merger but also because of the opportunities we are now able to offer entrepreneurs that dream of opening their own business. We are now able to help people own a Toro Tax Franchise with a very low down-payment!” Said Nick Maldonado – CEO.
“Not only that,” says Javier Solis – COO, “Our line of services now allows for our franchisees to stay open year-round with all the additional revenue streams this union brings to the table.”
The two companies solidified the merger with a Red-Carpet Gala celebration held on June 1st in the Washington DC area, where several franchisees, recognized members of the tax industry, family and clients joined Toro Taxes in this historical Latinx Merge.