Liberty Tax Service
No Tax Experience? No Worries, Liberty Tax Service will teach you everything you need to know in this recession resistance franchise. We have one of the lowest cost franchises with very high returns. No wonder we're always on the top lists for Entrepreneur Magazine and International Franchise Association. We can't wait to hear from you.
What Does a Liberty Tax Service Franchise Cost?
To buy a franchise with Liberty Tax Service, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $250,000. Franchisees can expect to make a total investment of at least $58,700 - $71,900. Liberty Tax Service charges a franchise fee of $40,000. They also offer financing as well as a discount for veterans (Special Incentives, Financing Available). *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $250,000 What is Net Worth? |
| Total Investment: | $58,700 - $71,900 What does Total Investment mean? |
| Franchise Fee: | $40,000 What is a Franchise Fee? |
Options
Options available to Franchisees:
| Financing: | Available |
|---|---|
| Training: | Available |
| Training Details: | Yes |
| Veteran Discount: | Special Incentives, Financing Available |
Franchisor Details
Facts about this Franchise:
| Total Units: | 3,823 |
|---|---|
| Franchise Units: | 36 |
| Incorporated Name: | JTH Tax, Inc. |
| Year Founded: | 1997 |
| Franchising Since: | 1997 |
| Industry: | Business-Related |
| Subsector: | Tax Services |
You Do Life. We Do Taxes.
Liberty Tax Service is the brand with the iconic Statue of Liberty Wavers. When Americans see us, they know it’s tax time. We’ve got one of the most experienced teams in the tax business, and we’re looking for franchisees who want to work with us to capitalize on the $11 billion tax preparation services market.*
*IBISWorld, October 2017 Tax Preparation Services Market Research Report/p>
Overview
Taxes are part of our lives, and they’re here to stay. The IRS estimates that more than 155 million individuals will file taxes in the U.S. in 2018. More than half typically use a professional tax preparer. That makes the tax business reliable and offers the opportunity for profitability. What gives Liberty Tax franchise owners the advantage is the knowledge and experience of our team, ongoing training and support and our iconic brand power.
Knowledge and Experience
There are many players in the tax preparation industry, but no one matches Liberty Tax when it comes to experience and knowledge. We have hands on leaders who always make time for franchisees and help them build their businesses. When you add in Liberty’s training and support, you understand why Liberty Tax is one of Entrepreneur magazine’s Top 500 franchises; a Bond’s Top 100 Franchises, and the No. 1 non-food multi-unit brand for Multi-Unit Franchisee magazine.
Ongoing Training and Support
Taxes are complicated – for customers. For our franchisees, we provide the training and support needed to be successful. We start with a one-week intensive course and continue different training modules in sales, marketing and tax preparation throughout the year. We assist in site selection and provide demographic tools that help franchisees build customer profiles and target different categories of customers with pinpoint accuracy.
Iconic Brand Power
Our Statue of Liberty Wavers are a symbol of tax time in the U.S. Our franchisees get immediate access to that unmatched brand recognition and creative marketing tools and strategies. Add to that our commitment to community and customer service, and you’ve got the recipe for success.
Availability
Liberty Tax Service is currently accepting inquiries from the following states:
Alaska, California, Florida, Hawaii, Illinois, New York, Oregon, Tennessee, Washington, Alabama, Arkansas, Arizona, Colorado, Connecticut, Washington, D.C., Delaware, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.