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Discover opportunity with Liberty Tax. As one of the nation’s largest and fastest-growing tax preparation companies, there are tremendous benefits to becoming a franchisee. Ownership offers opportunities for additional business lines and revenue streams, including consumer lending, bookkeeping, credit repair, and more. With over 2,500 franchisees growing, find out why entrepreneurs are joining Liberty Tax. More about the cost of owning a Liberty Tax franchise is below.
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Liquid capital required
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$80,000
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Investment
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$62,000 - $78,000
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Franchise fee
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$40,000
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Royalty
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14.0%
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Offers Financing
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Yes
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Units in operation
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2,554
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Founded
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1997
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Franchising Since
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1997
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What is it?
- The iconic tax preparation and accounting services franchise known for their energetic Statue of Liberty Wavers
- Ownership offers opportunities for additional business lines and revenue streams, including consumer lending, bookkeeping, credit repair and more
- They also offer accounting, tax education, and Spanish-speaking services
- Franchise fee reduced for Veterans and First Responders
How does it make money?
- Direct payment for tax preparation and accounting services
- Strong potential for long-term, regular clients
Who is it for?
- People who seek a high-volume retail franchise, with year round revenue potential
- Someone who prides themselves on high customer service standards and helping customers through a potentially stressful time of tax season
What would you do as a franchisee?
- Open and operate a retail tax and accounting center
- Hire and manage tax preparers and accountants as necessary
- Work with clients in preparing their taxes and other accounting services
Liberty Tax
About Liberty Tax
With more than 2,500 franchised locations across North America, Liberty Tax has been serving customers since 1997, offering fast and affordable tax preparation support along with its suite of financial services. A portfolio company of NextPoint Financial Inc. (TSX: NPF.U & OTC Pink: NACQF), Liberty Tax serves approximately 1.6 million consumer and small business clients across the U.S. and Canada.
Explore the Benefits of Liberty Tax Franchise Ownership
There are several reasons why Liberty Tax is one of the fastest-growing franchise opportunities in America:
- Best-in-Class Technology: Franchisees benefit from Liberty Tax’s cutting-edge technology offerings, which include new consumer-and franchisee-facing mobile applications to run the business anywhere, anytime.
- Full-Service Back Office Support: From training to IT to operations and more, the Liberty Tax team ensures franchisees feel fully supported as they embark on and grow their business.
- Dedicated Marketing Department: The Liberty Tax marketing department provides franchisees with year-round tools, support, and promotional collateral—especially during tax season.
- Multiple Streams of Revenue: Liberty Tax franchisees can offer so much more than just tax preparation services. From newly launched DEEPBLUE™ Debit Banking-as-a-Service to consumer lending, bookkeeping, credit repair, and more, Liberty Tax provides multiple streams of revenue that foster opportunity year-round.
Ideal Candidate
An ideal Liberty Tax franchisee is an entrepreneur who wants to grow their business portfolio, drive sales, and use the power of a national brand to assist customers in their market. Prior tax preparation experience is not required!
Testimonials
“As veterans, we didn’t learn how to be business owners. But Liberty helps us a lot. They help us with the model, they help us learn how to run a business and these types of trainings we go to always help us because there is always something new to learn.” — Lillian and Dave Hillman
“I went from 150 tax customers in my first year to over 650 in the second year and this year I was over 840 and next year I hope to be over 1,000. So Liberty has contributed vastly to my success with tax customers.” — Joyce Jordan
“I've grown to 4 offices and I have a great staff, great team, great clients. I love people and I try to find something common with everyone I meet. I hear a lot of amazing stories, meet a lot of amazing people from all walks of life, so just interacting with the public and kind of being a local hometown hero is another benefit." — Thomas Henggeler
“We want to be able to have a one stop shop where people can come in and get consultations, business set up, get their EIN numbers, do 1099s for their employees, or do payroll for their employees and make sure they’re on the right track for success themselves. I feel like we can provide that for people.” — Erin Daniel
Live life on Your Terms, Request More Information To Speak to a Liberty Tax Representative Today!
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Liberty Tax is listed in the Franchise Directory under the Business Services category. It's also listed in the section for Franchises Under $90,000.
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