Jackson Hewitt Tax Service

Founded: 1960 Franchising since: 1986
Started in 1960, Jackson Hewitt is a full-service, year-round national tax service specializing in computerized federal and state preparation of individual returns. It began franchising in 1986, the same year that the IRS introduced electronic filing.

3 Sylvan Wy. Parsippany, New jersey 07054

Phone: (800)475-2904

Franchisor is a publicly-held company with 370 employee(s); 31 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	5,778	0	0	723
2006	5,379	0	0	643
2005	4,871	0	0	613

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: By ZIP codes and geography

Total investment: $48.6K-91.8K Franchise fee: to $25K

Ongoing royalty fee: 15% Term of agreement: 10 years, renewable

Express/kiosk option available

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Cash liquidity requirement: $50K
Business Experience:

• General business experience

Operations

• 62% of all franchisees own more than one unit
• Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

Training

• Available at headquarters: 5 days
• Regional training : 2 days

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Security/safety procedures
• Field operations/evaluations
• Purchasing cooperatives

Marketing Support

• Co-op advertising
• Ad slicks
• National media
• Regional advertising

Other marketing support

• 800 locator number, website

Franchise 500® rank:
#21 (2008); #3 (2007); #5 (2006); #4 (2005);

Ranked #1 in category in:
2008; 2007; 2006; 2005;

Fastest-Growing Franchises:
#6 (2008); #6 (2007); #7 (2006); #6 (2005);

Low-Cost Franchises:
#5 (2008); #1 (2007); #2 (2006); #2 (2005);