Liberty Tax Service

Description

Liberty Tax Service is the fastest-growing tax service within the industry. It is our goal to bring in franchisees of high caliber, who are motivated to grow with us as we set a record-breaking pace to become the industry leader. Complete with a resourceful headquarters and management staff with over 600 years in the tax industry, Liberty provides ongoing support in operations, marketing, tax and technical areas.

Franchisees develop their exclusive territories by opening and operating retail store locations. Liberty Tax is an attractive franchise opportunity based on the seasonality of the business model.

Two-thirds of our franchisees keep their jobs while they grow and develop their Liberty franchise. CEO John Hewitt is the only person who has founded two franchise tax companies that Entrepreneur magazine has ranked on their Franchise 500. He's a veteran of 41 tax seasons, 12 years with H&R Block, 16 years as founder and CEO of Jackson Hewitt and the past 13 as CEO of Liberty.

Named the International Franchise Association's Entrepreneur of the Year, Hewitt is considered a tax icon and serial entrepreneur inside the tax industry and beyond.

Background

Year Established: 1997
Year First Franchised: 1997
Franchised Units: 100+
Actual number of units: 3500
Company Owned Units: 67
Projected New Units (12 months): 500

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Avail. in Canada: Masters/Area Developer: Yes

Notes:

Territories: U.S. & Canada

   Financial / Terms

Cash Investment: $40,000
Minimum Investment: $59,800
Minimum Net Worth: $0
Franchise Fee: $40,000

Royalty: 14%
Ad: 5%
Average # of Employees: 8-14
Passive Ownership Allowed: Yes
Earnings Claims: No

Notes:

Cash Investment: $40K (Lead must have $50K liquid)
Total Investment: $59,800 - $72,900
Average # of Employees: 8-14 (seasonally, part-time)

 

Franchise Sales

Single Unit: Yes
Multiple Units: No
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: No
Developing outside of the U.S.: N/A
Single Unit Availability Outside U.S.: No
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No
Cash Investment: N/A
Total Investment: N/A

Notes:

No International Expansion Available

  Support & Training Provided

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes

Notes:

Financial Assistance Provided: For multi-unit

Training:

1 week in Virginia Beach or other select cities for Effective Operations Training for new franchisees purchasing their franchise. Additional training to take place in the local market just before tax season. Advanced trainings are held in select cities as well as Virginia Beach. All trainings are free of charge.

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474