Jackson Hewitt Tax Service

Jackson Hewitt Tax Service

Not Ranked

Initial Investment

LOW: $48,600
HIGH: $91,800

Change in Units

Promoted Opportunities

Company Profile

Founded

1960

Franchising Since

1986 (30 Years)

Corporate Address

3 Sylvan Wy. Parsippany, NJ 07054

Parent Company

Jackson Hewitt Inc.

About Jackson Hewitt Tax Service

Started in 1960, Jackson Hewitt is a full-service, year-round national tax service specializing in computerized federal and state preparation of individual returns. It began franchising in 1986, the same year that the IRS introduced electronic filing.

Financials

Financial Requirements

Initial Investment

$48,600 - $91,800

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

15%

Ad Royalty Fee

6%

Financing Options

Jackson Hewitt Tax Service offers in-house financing to cover the following: franchise fee

Franchise 500® Rank History

  • 2006 - 5
  • 2007 - 3
  • 2008 - 21

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training at headquarters: 5 days

Additional Training: Regional training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: November 8th, 2012

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