Jackson Hewitt Tax Service

  • Jackson Hewitt Inc.
  • CD
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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