Liberty Tax Service Franchise Analysis

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Liberty Tax Service is graded based on our most recent FDD research!

Franchise Info

A franchise program to operate tax return preparation offices utilizing special marketing techniques and operating procedures.

How much does an Liberty Tax Service business cost to open?

Liberty Tax Service has an initial franchise fee of up to $40,000, with a overall initial investment range of $20,700 to $73,900.

  • Initial Franchise Fee: $40,000
  • Total Investment: $20,700 to $73,900
  • Working Capital: $8,000 to $11,500
  • Royalty Fee: 14.0%

The initial cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to buy an Liberty Tax Service, such as franchise fees, leasehold improvement costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors are required to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.

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How much does an Liberty Tax Service owner make?

As with any new business, the franchise owner's salary and the profits from a Liberty Tax Service business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a Liberty Tax Service franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Typically, profits and owner's income are equitable to the size of the investment and number of locations you purchase. Demand for your products, your labor costs, commercial lease rates and several other variables also play a huge role in your profit margin and your personal salary

For additional information and franchise specific on the profits of an Liberty Tax Service franchise opportunity, unlock this franchise

How many franchise locations does Liberty Tax Service franchise system have?

As of the 2020 Franchise Disclosure Document, there are 2,407 franchised Liberty Tax Service locations across the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Liberty Tax Service franchise opportunities near me?

Based on 2020 FDD analysis, Liberty Tax Service has franchised locations in 50 states. There may be no locations in several states as each franchise company plans their growth strategy differently. Specific states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to residents in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchise companies to provide their franchise within the state. In most instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine a franchisor's FDD.

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Based on the data collected this franchise opportunity is growing into new locations and might be available in your city.

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Last Reviewed: 2020

Sector: Business Services

Category: Accounting

Liberty Tax Service Franchise INFORMATION

Total Investment
$20,700 - $73,900
Franchise Fee
$40,000
Franchise agreement
Initial Term
5 Years
Renewal Term
5 Years
Franchise outlet growth
2013
3,931
2019
2,407
Ongoing fees
Royalty
14.0%
ad fees
5.0%
# of franchised outlets
2,407

EXTRA INFORMATION

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 31.75 hours. This includes 31.75 hours of classroom training, 0 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 0
Classroom 31.75
Total 31.75

Do they provide Territory Rights?

Liberty Tax Service offers territory protections. For an explanation of territory rights, unlock this franchise for important details.

Do they have marketing and technology support in place?

No, Liberty Tax Service does NOT offer comprehensive support for franchisees.


How long ago did Liberty Tax Service start franchising?

They began franchising in 1997. The average Accounting franchise began franchising in 2006.


Do they offer lending options?

Yes. They offer certain financing options within Item 10 of their FDD.

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