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Jackson Hewitt Tax Service franchise — is it worth it?

Financial services · FDD-based assessment · registered 2024

Risk level — in the report

Jackson Hewitt Tax Service offers a financial services franchise with a relatively low initial investment.

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Total initial investment
$96,050 – $127,500
At the financial services median · median $111,775
Initial franchise fee
$50,000
FDD Item 5
Royalty
3%
FDD Item 6
Item 19 earnings
Disclosed
figures locked
Litigation (Item 3)
Disclosed
in Item 3
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Figures above are as disclosed in Jackson Hewitt Tax Service's most recent FDD (registered 2024). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 32305-202408-06. The risk level, the Item 19 figures, how it compares to peers, and the litigation & churn detail are in the full report.

How much does a Jackson Hewitt Tax Service franchise make?

Jackson Hewitt Tax Service is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The average revenue Jackson Hewitt Tax Service reports, what that figure does and doesn't include, and where it ranks against financial services peers are in the full report. See every financial services brand that discloses earnings in the Financial services franchises with disclosed Item 19 earnings ranking.

Jackson Hewitt Tax Service franchise profit vs. revenue

Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come Jackson Hewitt Tax Service's 3% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a Jackson Hewitt Tax Service franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "Jackson Hewitt Tax Service franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. The full report sets Jackson Hewitt Tax Service's disclosed revenue against its total ongoing fee load, so you can see what that revenue has to cover before anything reaches you.

Jackson Hewitt Tax Service lawsuits & legal history (FDD Item 3)

Jackson Hewitt Tax Service's most recently filed Franchise Disclosure Document (2024) does disclose legal proceedings in Item 3 . Item 3 is the item where a franchisor must put its material legal history on the record. Two things it is not: it covers the franchisor and its predecessors, parents and affiliates, so a disclosed case is not necessarily a suit against Jackson Hewitt Tax Service itself; and a disclosure is a fact, not a finding of wrongdoing — most entries are contract disputes with former franchisees, which every large system accumulates. The full Jackson Hewitt Tax Service report lists each case with what it was about and how it ended, separates franchisee disputes from corporate and securities matters, and flags the ones a franchisee started — the split that actually matters, because franchisees suing their franchisor is the signal a buyer is looking for.

Jackson Hewitt Tax Service closures & failure rate

Before you sign, Jackson Hewitt Tax Service will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what Jackson Hewitt Tax Service's most recent filing shows, and whether it's normal for a financial services of this kind.

The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. Jackson Hewitt Tax Service's outlet tables are read directly from the FDD in the full report. The actual closure and termination counts, and how Jackson Hewitt Tax Service's churn ranks against financial services peers, are in the full report.

The full Jackson Hewitt Tax Service report — $99

The actual Item 19 earnings, every figure ranked against financial services peers, litigation and churn detail — emailed as a PDF.

Who owns Jackson Hewitt Tax Service?

Jackson Hewitt Tax Service's franchise is offered by JACKSON HEWITT INC. — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2024), and the entity a franchisee actually signs with. That name comes straight off the filing at MN CARDS; it identifies the franchisor, not necessarily the ultimate parent company behind it.

Financial services franchises at a similar investment level

Anyone weighing Jackson Hewitt Tax Service is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.

Freeway Insurance$34,950 – $84,000 · Item 19 disclosedEstrella Insurance$49,950 – $84,000 · Item 19 disclosedCo/LAB Lending$54,750 – $114,100All Nevada Insurance® | ANI$58,800 – $144,800Veronica's Insurance$79,450 – $189,600Charles Schwab$73,520 – $207,930 · Item 19 disclosedCOMMISSION EXPRESS | Commission Express$112,800 – $192,500Retirement Income Source$100,400 – $225,500Brightway Insuranceinvestment not disclosed · Item 19 disclosedGlobalGreen Insurance Agencyinvestment not disclosedMotto Mortgageinvestment not disclosedTFW Advisors | WealthAbilityinvestment not disclosed

Jackson Hewitt Tax Service franchise — frequently asked

Who owns Jackson Hewitt Tax Service — who is the franchisor?

Jackson Hewitt Tax Service's most recently filed FDD (2024) names JACKSON HEWITT INC. as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.

How much does a Jackson Hewitt Tax Service franchise cost?

Jackson Hewitt Tax Service's most recently filed FDD (Item 7) puts the total estimated initial investment at $96,050 – $127,500, with an initial franchise fee of $50,000 and a 3% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. The full report breaks down every fee line and benchmarks it against financial services peers.

How much profit does a Jackson Hewitt Tax Service franchise make?

Jackson Hewitt Tax Service discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (3% of gross for Jackson Hewitt Tax Service), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any Jackson Hewitt Tax Service franchise profit number quoted elsewhere is an estimate. The full report shows the disclosed revenue against the full ongoing fee load it has to cover.

Does Jackson Hewitt Tax Service disclose financial performance (Item 19)?

Yes — Jackson Hewitt Tax Service reports unit-level earnings in Item 19. The full report shows the actual revenue figures and how they rank against financial services peers.

Are there lawsuits against Jackson Hewitt Tax Service?

Jackson Hewitt Tax Service's most recently filed FDD (2024) discloses legal proceedings in Item 3. Item 3 covers the franchisor, its predecessors, parents and affiliates — so a disclosed case is not necessarily a suit against Jackson Hewitt Tax Service itself, and a disclosure is not a finding of wrongdoing. The full report lists each case, separates franchisee disputes from corporate and securities matters, and flags the franchisee-initiated ones.

Is Jackson Hewitt Tax Service a good franchise to buy?

That comes down to how Jackson Hewitt Tax Service's investment, earnings, litigation and franchisee churn stack up against financial services peers — which is exactly what the full report answers. For $99 you get the risk level and what's driving it, the actual Item 19 earnings (disclosed in this FDD), where every figure ranks against peers, and the specific questions to ask the franchisor before you sign.

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Everything the sections above point to, in one place: Jackson Hewitt Tax Service's risk level and what's driving it, the actual Item 19 earnings, every figure ranked against financial services peers, and the litigation & churn detail — with the questions to put to the franchisor before you sign.

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Get a free email when something changes on Jackson Hewitt Tax Service or financial services: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same registries every report is built on.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.