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Small business franchise opportunities with Liberty Tax Service from The Franchise Guy

Liberty Tax Service
Small Business Franchise Opportunity

Description

Liberty Tax Service is the fastest growing tax service ever within the industry. It is our goal to bring in franchisees of high caliber, who are motivated to grow with us at a record breaking pace to become the industry leader.

Complete with a resourceful headquarters and management staff with over 500 years in the tax industry, Liberty provides ongoing support in operations, marketing, tax, and technical areas. Franchisees develop their exclusive territories by opening and operating retail store locations.

Liberty Tax is an attractive franchise opportunity because of the seasonality of the business model. Two-thirds of our franchisees keep their jobs while they grow and develop their Liberty franchise. CEO John Hewitt is the only person who has founded two franchise tax companies that Entrepreneur magazine has ranked on their Franchise 500. He's a veteran of 37 tax seasons, 12 years with H&R Block, 16 years as founder and CEO of Jackson Hewitt, and the past 9 years as CEO of Liberty. Mr. Hewitt was just selected as the IFA's Entrepreneur of the Year for 2006.
SINGLE & MULTIPLE UNIT SALES AVAILABLE

Background

Year Established: 1997
Year First Franchised: 1997
Franchised Units: 2000
Company Owned Units: 4

Financial Terms

Cash Investment: $28,500 (Lead must have $50,000 liquid)
Total Investment: $41,000-$52,000
Minimum Net Worth: NA
Franchise Fee: $28,500
Royalty: 14%
Advertising Costs: 5%
Average Number of Employees: 8-14
Passive Ownership Allowed: Yes

Support & Training Provided

Financial Assistance Provided: For multi-unit
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-Operative Advertising: Yes
Training: One week course in Virginia Beach / Hands on training closer to them / update training every December

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SMALL BUSINESS FRANCHISE OPPORTUNITY

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