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Liberty Tax Service
1716 Corporate Landing Pkwy.
Virginia Beach, VA 23454
800#: (800) 790-3863
Tel: (757) 493-8855
Fax: (757) 301-8080
E-Mail: [email protected]
Web Site: www.libertytaxfranchise.com
Contact: Mr. Scott Arbuckle, Dir. Franchise Development
We're #1! LIBERTY TAX SERVICE is the fastest-growing international tax service ever! In 9 years, LIBERTY TAX SERVICE has grown to a size it took other national tax franchises 15 years to realize. LIBERTY's growth is fueled by a proven operating system that has been fine-tuned by the leadership and field support staff's 500 total years of experience. Founder/CEO John Hewitt has worked 37 tax seasons, including 12 years with H & R Block. No prior tax experience required to put this proven system to work.
Franchisor Background
Established: 1996
First Franchise: 1997
Franchise Units: 2,000
Company-Owned Units: 22
Total Units: 2,022
Distribution:
U.S. -- 1722;
Canada -- 300;
International -- 0
-North America -- Operations in 50 States
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 300-400
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: All States and AB (Click here for an explanation)
Average Number of Employees: 4-6 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 400+ SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: NR
Financial Requirements
Cash Investment: $30K
Total Investment: $41.8-52.4K
Average Total Investment: $48.5K
Minimum Net Worth: $28K
Fees:
-Franchise: $30K
-Average Franchise Fee: $30.0K
-Royalty: Varies
-Advertising: 5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association: CFA MEMBER
Franchisee Association / Member: No
Size Of Corporate Staff: 250+
On-Going Support: C,D,G,H,I (Click here for an explanation)
Training: 5 Days in Virginia Beach, VA.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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