FranchiseVerdict
DCAP Insurance / The Tax Zone logo
FV-00716·MODERATEExcellent86

DCAP Insurance / The Tax Zone

Business Services - Tax & FinancialFranchising since 1982Website
Investment
$18K – $110K
12th pct Tax & Financi…
Avg revenue
47th pct Tax & Financi…
Royalty
20.0%
47th pct Tax & Financi…
Units
36
38th pct Tax & Financi…
SBA default

Bottom line

  • Total investment $18K – $110K including a $25K franchise fee, 20.0% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated MODERATE with a risk score of 67/100.
  • System contracting at -5.6% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
DCAP Management Corp.
Incorporated in
New York
HQ
956 South Broadway, Hicksville, New York 11801
Auditor
Robert M. Fein & Co, PLLC
Audited financials
Franchisor revenue
$455K
vs $507K prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one DCAP Insurance / The Tax Zone unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $18K–$110K
Working capital
$
FDD reports $6K–$50K

Unlevered ROIC · per unit

0%

Negative

0%30–60% Yale band80%

Store EBITDA · annual
$0
EBITDA margin
0.0%
Total invested
$92K
Payback
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Franchisees operate tax preparation and accounting service centers under The Tax Zone and/or DCAP Insurance brands. Day-to-day operations include preparing individual and small-business tax returns, offering bookkeeping services, and selling insurance products. Revenue depends heavily on seasonal tax season demand and local client acquisition in a protected territory.

CEO
Abraham Weinzimer
Founded
1986
FDD year
2023
States available
1

Item 7 · what it costs

The Vitals

Total investment
$18K – $110K
All-in to open one unit
Liquid capital
$6K – $50K
Cash you must have on hand
Franchise fee
$25K
Royalty
20.0%
Percentage of Gross Sales / Fixed Monthly Fee · typical 6–8%
Ad fund
Between $425 and $750 per month for DCAP; Variable pro-ra…
Total fee load
60.0%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
36
Opened
0
Last reporting year
Closed
1
Turnover rate
2.8%
Company-owned
3
Corporate units in the system
% franchised
92%
vs corporate-owned
Net growth (yr3)
-2.9%
Net unit change last year
3-yr CAGR
-5.6%
Compounded over last 3 years
2021
34-1
Franchised units
2022
35
Franchised units
2023
36
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 16 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 16 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

67
Risk · 0-100
MODERATE67 / 100

A declining franchise system with no financial transparency, aggressive royalties, founder litigation history, and potential franchisor financial instability presents elevated risk unsuitable for most franchisees.

Score breakdown · what drove the 67 / 100 rating

  1. 01MINORDeclining unit count (-2.9% YoY with only 36 units suggests a shrinking, unstable system)
  2. 02MEDNo Item 19 financial disclosure (average revenue and net income not disclosed—impossible to assess profitability)
  3. 03MINORAggressive royalty structure (20% of gross sales for Tax Zone is among the highest in tax/accounting franchises)
  4. 04HIGHLitigation history involving founders (2012 lawsuit settled for $3,000 suggests disputes at ownership level)
  5. 05HIGH'Going Concern' status is FALSE, indicating potential financial instability at franchisor level
  6. 06MEDHigh initial investment range ($17.7K–$109.9K) paired with undisclosed ROI creates blind investment risk
  7. 07MINORDual-brand model (DCAP + Tax Zone) adds operational complexity without proven synergy data

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Zip Code
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
New York

Item 11

Training & Operations

Classroom training
22 hrs
On-the-job training
0 hrs
POS system
Tax Slayer Pro Software
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

30 numbers

Locked
(860) 240-••••
CT
(410) 576-••••
MD
(516) 280-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

DCAP Insurance / The Tax Zone · FDD (2023) PDF

Single-page checkout · instant download · CSV export of contacts available separately above