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Units as of 2020
10,171 (511 lost in 3 years)
5%
2021 Franchise 500 Rank
#297 Ranked #306 last year
Initial investment
$32K - $149K

Company Overview

Since brothers Henry and Richard Bloch founded H & R Block in 1955, the company has prepared more than 600 million tax returns. Franchising began in 1956, and the company went public in 1962. In addition to providing tax return preparation services in-person, the company offers online and desktop software products and an array of other financial services.

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About H&R Block

Founded
1955
Leadership
Jeff Jones, President & CEO
Ticker Symbol
HRB

Franchising Overview

Franchising Since
1956 (65 years)
# of employees at HQ
2,500
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
10,171 (as of 2020)

Franchisor Information

Corporate Address
One H&R Block Wy.
Kansas City, MO 64105

Information for Franchisees

Here’s what you need to know if you’re interested in opening a H&R Block franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$2,500
Initial Investment
$31,557 - $149,398
Royalty Fee
30%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
H&R Block offers in-house financing to cover the following: equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
16 hours
Classroom Training
22 hours
Additional Training
Regional training, year-round; ongoing online training
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

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Franchise 500 Ranking History

Compare where H&R Block landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where H&R Block ranked on other franchise lists? Find out below.

Ranked #297

Franchise 500 Ranking

Ranked #15

Top Global Franchises

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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