Jackson Hewitt Tax Service

Founded: 1960 Franchising since: 1986
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.

Address: 3 Sylvan Wy. Parsippany, New Jersey 07054

Phone: (800)475-2904

Franchisor is a publicly-held company with 370 employee(s); 31 employee(s) in franchise department.

Franchise Units

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	5,778	0	0	723
2006	5,379	0	0	643

Where Seeking Franchisees
Nationwide

Exclusive territories available.
Territory size: By ZIP codes and geography

Total investment: $48,600 - $91,800
Franchise fee: $25,000
Ongoing royalty fee: 15%
Term of agreement: 10 years, renewable


Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $0
Cash liquidity requirement: $50,000
Business Experience:

• General business experience

Operations

• 62% of all franchisees own more than one unit
• Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 days
• Regional training : 2 days

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Other marketing support

• 800 locator number, website

Franchise 500® rank:
#21 (2008); #3 (2007); #5 (2006);

Fastest-Growing Franchises:
#6 (2008); #6 (2007); #7 (2006);

Low-Cost Franchises:
#5 (2008); #1 (2007); #2 (2006);