Jackson Hewitt Tax Service
Jackson Hewitt Tax Service
3 Sylvan Way
Parsippany, NJ 07054
800#: (800) 234-1040
Tel: (973) 630-0903
Fax: (973) 496-2760
E-Mail: [email protected]
Web Site: www.jacksonhewitt.com
Contact: Mr. Richard Morris, VP Franchise Sales/Development
JACKSON HEWITT prepares tax returns for customers throughout over 4,000 franchised offices in more than 48 states, including locations within Wal-Mart, Kmart, Staples, etc. Since its founding in 1986, JACKSON HEWITT is the fastest-growing national tax service. Offices are independently owned and operated, offering full-service individual tax preparation, electronic filing, refund anticipation loans (subj. to qualification), and audit representation. A subsidiary of Cendant Corp. since 1998.
Franchisor Background
Established: 1960
First Franchise: 1986
Franchise Units: 3,399
Company-Owned Units: 446
Total Units: 3,845
Distribution:
U.S. -- 3845;
Canada -- 0;
International -- 0
-North America -- Operations in 48 States, DC
-States/Provinces with Greatest Density: 480 in TX, 381 in FL, 350 IL
Projected New Units Over Next 12 months: 350
Franchisee Qualifications: 5, 5, 3, 4, 4, 5
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 1 FT, 6 PT (FT = Full Time, PT = Part Time)
Space Needs: 400-1,000 SF; SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $25-50K
Total Investment: $47.4-75.2K
Average Total Investment: $61.3K
Minimum Net Worth: $100K
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 15%
-Average Royalty: 15.0%
-Advertising: 6%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 235
On-Going Support: A,B,C,D,G,H,I (Click here for an explanation)
Training: 5 Days in Parsippany, NJ.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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