Currently, opportunities are available to open new H&R; Block franchises or purchase existing franchises from other owners. For potential franchisees who need such help, H&R; Block does offer financing assistance through a Franchise Equity Line of Credit. Franchisees go through a training program and receive continued support from the corporate offices to ensure continued success.

H&R; Block Franchise Opportunities - History

In 1955, a pair of brothers, Henry and Richard Bloch, founded their business in Kansas City. They changed the name from Bloch to Block to avoid the company being mispronounced as “blotch”. The business has expanded over the years to over 11,000 locations across the United States.

H&R; Block Franchise Cost / Initial Investment / H&R; Block

Franchise Income

H&R; Block does not have an initial franchisee fee aside from a refundable $2,500 security deposit. Franchisees do need to fund opening a new tax office (lease, equipment, and furniture), however. The total franchise investment amount is estimated at somewhere between $31,505 and $149,200.

H&R; Block Business Opportunities: Other Information

One in seven Americans have their taxes prepared with H&R; Block. The majority of Americans live within five miles of an H&R; Block office. H&R; Block was recognized frequently in Entrepreneur’s 2012 Franchise 500 rankings: #1 tax service company, #1 low cost franchise, #5 fastest growing franchise, and #8 franchise in America.