Liberty Tax Service
Yes, we actively support the inclusion and development of minority-owned franchises in the Liberty Tax Service system.
Liberty Tax Service
1716 Corporate Landing Pkwy.
Virginia Beach, VA 23454
800#: (800) 790-3863
Tel: (757) 493-8855
Fax: (757) 301-8080
E-mail: sales@libtax.com
Web Site: www.libertytaxfranchise.com
Contact: Mr. Scott Arbuckle, Dir. Franchise Development
We're #1! LIBERTY TAX SERVICE is the fastest-growing international tax service ever! In 9 years, LIBERTY TAX SERVICE has grown to a size it other national tax franchises 15 years to realize. LIBERTY has surged to the forefront of a constantly evolving and technological tax industry. LIBERTY's growth id fueled by a proven operating system that has been fine-tuned by the leadership and field support staff's 500 total years of experience. John Hewitt was the IFA's Entrepreneur of the Year.
Franchisor Background
Established: 1996
First Franchise: 1997
Franchise Units: 2000
Company-Owned Units: 22
Total Units: 2022
Distribution:
> North America -- Operations in 50 States
> States/Provinces with Greatest Density: NR
Units Owned by Minorities:
>African-American: 12%
>Hispanic: 5%
>Asian-American: 8%
>Native American:
>Other: 15%
Average Number of Employees: 4-6 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 400+ SF; FS, SF, SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $30K
Total Investment: $41.8-52.4K
Average Total Investment: $48K
Minimum Net Worth: $28K
Fees
>Franchise: $30K
>Average Franchise Fee: $30K
>Royalty: Varies
>Advertising: 5%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Discouraged
Area Development Agreements:Yes/10
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 250+
On-Going Support: C,D,G,H,I (for an explanation click here)
Training: 5 Days in Virginia Beach, VA.
Specific Minority Program(s) in Place: Member of SBA registry.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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