Not Ranked
Initial Investment
LOW: $44,721
HIGH: $105,375
Change in Units
-1.7% -109 UNITS (1 Year)
-8.8% -549 UNITS (3 Years)
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Learn how to invest your IRA or 401k into a franchise. ($50k min)
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
$44,721 - $105,375
Liquid Cash Requirement
$50,000
Ongoing Fees
Initial Franchise Fee
$25,000
Ongoing Royalty Fee
5-15%
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: June 24th, 2016
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