Liberty Tax Service
Tax preparation, electronic filing
Liberty Tax Service
Tax preparation, electronic filing
About
Founded
1972
Franchising Since
1973 (45 Years)
Corporate Address
1716 Corporate Landing
Virginia Beach, VA 23454
CEO
Nicole Ossenfort
Parent Company
JTH Tax Inc.
Ticker Symbol
Financial Requirements
Initial Investment ⓘ
$58,700 - $71,900
Ongoing Fees
Initial Franchise Fee ⓘ
$40,000 - $40,000
Ongoing Royalty Fee
14%
Ad Royalty Fee
5%
Financing Options
Liberty Tax Service offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Liberty Tax Service has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Veteran Incentives
Special financing
Support Options
Ongoing Support
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
On-The-Job Training:
20 hours
Classroom Training:
40+ hours
Additional Training:
Additional training in various cities
Absentee Ownership Allowed
Number of Employees Required to Run:
5 - 10
Liberty Tax Service is ranked #485 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $58,700
High - $71,900
Units
-8.2%-336 UNITS (1 Year)
-15.1%-670 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: CanadaRelated Franchises
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