Liberty Tax Service

Liberty Tax Service

With over two decades of experience in the tax preparation business, Liberty Tax has grown to 4,000+ offices across the U.S. and Canada. That kind of explosive growth is more than three times faster than any tax company EVER.
Liberty Tax Service
Business Type
Franchise
Startup Costs
$58,700 - $71,900
Financing Available
Yes

Liberty Tax Service

Liberty Tax Service is the brand with the iconic and energetic Statue of Liberty Wavers. When Americans see us, they know it’s tax time. We’re looking for franchisees with that same energy who want to capitalize on the $10 billion tax preparation services market.*

*IBISWorld, October 2016 Tax Preparation Services Market Research Report

 

Facts & Figures

Liquid capital required    $50,000

Net worth required    $50,000

Estimated Investment    $58,700-$71,900

Franchise fee        $40,000

Units in operation    3,823 (U.S. offices)

Royalties        14%

Founded         1997

 

Overview

Taxes are part of lives, and they’re here to stay. Nearly 135 million individuals file taxes in the U.S. each year, and about 60 percent of them use a professional tax preparer.* That makes the tax business reliable and offers the opportunity for profitability. Liberty Tax franchise owners enjoy the advantages of the knowledge and experience of our leadership and corporate teams, ongoing training and support, and our iconic brand power.

*IRS, 2017 and Prior Year Filing Season Statistics

Knowledge and Experience

There are many players in the tax preparation industry, but few can match Liberty Tax Service when it comes to experience and knowledge. Our founder invented tax preparation software that helped revolutionize the industry. And our CEO, Ed Brunot, always makes time for franchisees to help them build their businesses. That support from the top, along with Liberty’s corporate programs and training, has made Liberty Tax one of Entrepreneur magazine’s Top 500 franchises; a Bond’s Top 100 Franchises, and a No. 1 non-food multi-unit brand for Multi-Unit Franchisee magazine.

 

Ongoing Training and Support

Taxes are complicated – for customers. For our franchisees, we provide the training and support needed to be successful – even if you don’t have tax experience. We start with a one-week intensive course and continue different training modules in sales, marketing and tax preparation throughout the year. We assist in site selection and provide demographic tools that help franchisees build customer profiles and target different categories of customers with pinpoint accuracy.

 

Iconic Brand Power

Our Statue of Liberty Wavers are a symbol of tax time in the U.S. Our franchisees get immediate access to that unmatched brand recognition and creative marketing tools and strategies. Add to that our commitment to community and customer service, and you’ve got the recipe for success in this seasonal business.

 

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