Jackson Hewitt Tax Service

Mid West

Jackson Hewitt Tax Service
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Asking Price: Get Financing: $495,000

Cash Flow: N/A

Gross Revenue: $521,700



Inventory: N/A

Lease Rate: N/A /SF

Established: 1993

Jackson Hewitt Tax Service

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Business Description

We have been in business at the same location since 1993, and we have built a strong loyal customer base. In addition, we have several tax preparers who have been with us over 20 years as well. The community is aware of our presence and supports us by using our products and services.

Currently we operate three storefront locations and three Walmart Kiosk locations. The total number of returns was 2202 this past year.

Jackson Hewitt Tax Service is the 2nd largest in-person full tax prep company in the nation. Since 1986, the system has grown to approximately 6,000 franchised and company-owned locations, including nearly 3,000 in Walmart Stores throughout the United States.

We are an innovator in the tax industry with a mission of offering our hard-working clients access to simple, low-cost solutions to manage their taxes and tax refunds.

With more than 30 years of experience in tax preparation, and we stand behind our work with our consumer guarantees:

• 100% Accuracy
• Maximum Refund Guaranteed

The net revenue is: $521,700
Asking Price: $495,000

Detailed Information

Real Estate:
Building SF:
Lease Expiration:
18 seasonal
Facilities consist of office furniture, computers and support equipment in leased office space. It is turn-key, ready to begin operation next tax season. Staff consists of a full time General Manager and 17 (+/-) tax preparers who mostly return each year for part-time work. New owner can reconfigure staffing as he/she sees fit. Most profitable situation would be owner/operator. The three Walmart locations are equipped with a kiosk and computers.
All locations are in prime areas for further development. H&R Block is your primary competition.
Growth & Expansion:
Opportunities exist for growth and expansion in the local market. The territories are in Kankakee County, Iroquois County and LaSalle County in Illinois.
Support & Training:
Buyer must be approved by the franchisor, Jackson Hewitt Inc., who will provide full training to the new franchisee. Seller will be available on a consulting basis. There is a Five-Day Franchisee Initial Training Program, Two Year Mentoring Program, Regional field meetings; online e-sessions, and the Learning Group offers training programs for Franchisees employees.
Reason for Selling:
This business is an established franchise
Business Website:
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Business Listed By:
Robert Seymour

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