Liberty Tax Service - Franchise
Quick Franchise Summary
Liberty Tax Service is a retail income tax preparation firm serving the U.S. and Canada. We are the fastest growing international firm of its kind. Work hard for only 4 months out of the year, and set your own schedule!
Liberty Tax Service
Franchise Cost, Fees & Facts for 2020
| Minimum Cash Required | $50,000 | |
| Net Worth Required | $250,000 | |
| Total Investment | $58,700 – $71,900 | |
| Franchise Fee | $40,000 | |
| Financing Assistance | None | |
| Year Founded | 1997 | |
| # of Existing Units | 3823 |
Available In These States:
International Availability:
- United States and Canada
Overview
Liberty Tax Service - Franchise Information
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
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.
Accolades
- Entrepreneur Franchise 500 – January 2018
- Indeed.com, 15 Best Places to Work: Management, October 2017
- Franchise Times Top 200+, October 2017
- Entrepreneur Top Global Franchises, August 2017 – Liberty ranked #40
- Entrepreneur Top Franchise Brands, August 2017 – Liberty ranked #30
- Best of Coastal Virginia, Readers’ Choice, April 2017
- Franchisee Choice Winner, Canadian Franchise Association – April 2017 (seventh consecutive year as a Franchisee Choice winner)
- Franchising.com – Ranked #4 on “The 2016 Multi-Unit”; #1 non-food franchise – April 2017
- Ranked #28 on Franchise Direct’s Top 100 Global Franchises – April 2017
- Accounting Today – Top Tax Firm – March 2017
