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Liberty Tax Service

2012 Franchise 500
#25
At a Glance

Products & Services: Individual & online tax prep

Number of Locations: 3,611

Total Investment: $56.8K - 69.9K

Founded: 1972

Began Franchising: 1973

Private Owned

About Liberty Tax Service

In 1997, John Hewitt, founder of Jackson Hewitt Tax Service, acquired a tax company that had been franchising in Canada since 1973. The company changed its name to Liberty Tax Service and now offers franchises throughout the United States and Canada.

Franchise Units

Year U.S. Canadian International Company Owned
2011 3,286 233 0 92
2010 3,053 227 0 92
2009 2,664 276 0 62
2008 2,309 270 0 85
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $56,800 - $69,900
Franchise Fee: $40,000
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: Perpetual, renewable
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 1 day. In various cities : 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: Local marketing plans

Franchise Ranking History

Franchise 500®: #25 (2012), #21 (2011), #28 (2010), #3 (2009), #23 (2008),
Fastest-Growing: #8 (2012), #7 (2011), #9 (2010), #15 (2009), #9 (2008),
Low-Cost: #6 (2008),
America's Top Global: #22 (2012), #19 (2011), #23 (2010), #3 (2009), #21 (2008),

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