JACKSON HEWITT TAX SERVICE

JACKSON HEWITT TAX SERVICE

Jackson Hewitt Tax Service franchises provide professional tax return preparation services and other financial and related products and services under the Jackson Hewitt brand and standardized operating system. Franchisees operate storefront locations and kiosks, often in national account locations like retailers, within defined territories, typically opening at least three offices. The business model is highly seasonal, targeting individuals and small businesses needing paid tax preparation during tax season, in a competitive market including DIY software and free services.

2,981
Locations
$96K–$128K
Investment
Since 1986
Franchising
ServicesSarasota, FLJackson Hewitt Tax Service Inc.www.jacksonhewitt.comDisclaimer

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$96,050 $127,500
Low: $96,050High: $127,500
Item 7 of FDD
Royalty Rate
15.00%
of gross sales
Brand Fund
6.50%
Item 6 of FDD

Tiered royalty (3% first reporting year to 15% fourth+ reporting years) of gross volume + 6.5% advertising fee.

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0

Data Based On: 2,855 franchised Jackson Hewitt offices that were reported on the system as active and having been operating for at least one Tax Season prior to the 2024 Tax Season (the “2024 Covered Offices”). Company-owned locations are explicitly excluded.

* Data for 'Average Gross Volume of Business' and 'Median' was extracted directly from the 'All Offices' row of the 'Unit-Level Gross Volume of Business for 2024 Covered Offices' table. This row already represents the aggregate data for all covered franchised offices. The number of offices (2,855) matches the sum of 'Standard Offices' (1,662) and 'Kiosk Offices' (1,193). A weighted average calculation using these sub-categories also confirms the 'All Offices' average gross revenue.

Extracted Item 19 Section

How JACKSON HEWITT TAX SERVICE Compares


Key Insights

  • #3 largest franchise system in Business Services
FranchiseInvestmentFeeRoyaltyLocations
JACKSON HEWITT TAX SERVICE
Current
$96K – $128K$50K15.0%2,981
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
SERVPRO (UNIT)$259K – $380K$100K10.0%2,286
CruiseOne$13K – $21K$11K1.5%2,175
Business Services Average
188 franchises
$118K – $284K$46K10.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
280
2FL
211
3NC
188
4IL
188
5TN
155
6PA
142
7OK
126
8VA
122
9NY
113
10MO
106
11GA
100
12SC
98
13CA
94
14MS
89
15IN
86

+31 more states

SBA Loan History


Historical SBA 7(a) loan data for JACKSON HEWITT TAX SERVICE franchisees (20102025)

Total Loans
88
Average Loan
$617,068
Total Volume
$54.3M
Default Rate
1.1%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


2,871 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

2,871 Contacts Available

Unlock all JACKSON HEWITT TAX SERVICE franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Action to confirm arbitration award against a former franchisee.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
106
Sold to Franchisees
0
Projected New
0

Frequently Asked Questions


The total initial investment to open a JACKSON HEWITT TAX SERVICE franchise ranges from $96,050 to $127,500. This includes a franchise fee of $50,000. Ongoing royalty fees are 15.0% of gross sales.

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