Jackson Hewitt Tax Service
3 Sylvan Wy. 3rd Fl.
Parsippany, NJ 7054
-
(800) 475-2904
/
(973) 630-0882
- (707) 221-2228 (Fax)
Taxes are a constant. And, with the advent of the Affordable Care Act (ACA), taxes are now tied to mandatory healthcare coverage. Change is afoot at JACKSON HEWITT, with a bright future ahead. That's why there's never been a better time to join the JACKSON HEWITT family!
JACKSON HEWITT TAX SERVICE INC., is the #2 provider of full service paid federal and state tax preparation and related financial service products, delivered through approximately 6,400 franchised and company-owned locations throughout the United States and Puerto Rico, including locations in Walmart and Sears stores.
JACKSON HEWITT fosters a culture of support - it's at the heart of what we do. We help optimize what may be the biggest and most important financial transactions taxpayers conduct all year. Our systems and award-winning learning and development programs exceed industry standards. For more information, visit www.JacksonHewitt.com.
Franchisor Background
Year Established: 1983
Franchising Since: 1986
Operating Units
| Franchised Units |
4,797 |
75.0% |
| Company-Owned Units |
1,603 |
25.0% |
| Total Operating Units |
6,400 |
100% |
Geographic Distribution
| USA |
6,400 |
100.0% |
In 50 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
6,400 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| Texas |
797 |
| Illinois |
343 |
| Florida |
224 |
Registered in the following Registration States
California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District of Columbia
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
Yes, is a member |
| Size of Corporate Staff |
250 |
Site Selection Assistance |
Yes |
| Lease Negotiation Assistance |
No |
| Financial Assistance |
No |
Marketing Support
| Co-Op Advertising |
Yes |
| National Advertising |
Yes |
| Regional Advertising |
Yes |
| Local Advertising |
Yes |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
Included |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
| Sarasota, FL |
Online Training & 3 Day Course |
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Financial Requirements
Investment
| Minimum Net Worth |
$100K |
| Cash Investment |
$50-75K |
| Total Investment |
$50-96K |
| Average Total Investment |
$73K |
Fees
| Initial Franchise Fee |
$25K |
| Average Franchise Fee |
$25K |
| On-Going Royalty |
15% |
| Average Royalty |
15% |
| Advertising Fee |
6% |
Site Information and Requirements
| Average Number of Full-Time Employees |
1 |
| Average Number of Part-Time Employees |
6 |
| Space Needs (in square feet) |
400-1,000
|
| Preferred Site Types |
Storefront, Strip Center, Regional Mall
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
Yes |
| Listed in the SBA Registry? |
Yes |
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Franchisee Qualifications
| Financial Net Worth |
5 |
| General Business Experience |
5 |
| Specific Industry Experience |
3 |
| Formal Education |
4 |
| Psychological Profile |
4 |
| Personal Interviews |
5 |
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Terms of Contract
| Term of Initial Contract |
10 |
| Term of Renewal Period |
10 |
| Passive Ownership? |
Allowed, but discouraged |
Area Development Agreements? |
No
|
Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
200 |
| USA |
Yes, All United States |
| Canada |
No |
| Overseas |
No |
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Request Information for Jackson Hewitt Tax Service
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