Jackson Hewitt Tax Service vs American Tax and Financial Group Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Jackson Hewitt Tax Service vs American Tax and Financial Group including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Jackson Hewitt Tax Service Franchise
American Tax and Financial Group Franchise
Investment $45,130 - $110,255 $33,600 - $43,000
Franchise Fee $15,000 - $25,000 $15,000
Royalty Fee 15% - 5% 10%
Advertising Fee 6% -
Year Founded 1960 1997
Year Franchised 1986 2003
Term Of Agreement 10 years 5 years
Term Of Agreement 10 years 5 years
Renewal Fee - $2.5K


Business Experience Requirements

 
Jackson Hewitt Tax Service Franchise
American Tax and Financial Group Franchise
Experience -
  • Strong commitment to customer service

  • Financing Options

     
    Jackson Hewitt Tax Service Franchise
    American Tax and Financial Group Franchise
      In-House/3rd Party In-House/3rd Party
    Franchise Fees Yes/No Yes/No
    Start-up Costs No/No No/No
    Equipment No/No No/No
    Inventory No/Yes No/No
    Receivables No/No No/No
    Payroll No/No No/No

    Training & Support

     
    Jackson Hewitt Tax Service Franchise
    American Tax and Financial Group Franchise
    Training On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.) -
    Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app Ad slicks, Regional advertising
    Operations 83% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.


    Expansion Plans

     
    Jackson Hewitt Tax Service Franchise
    American Tax and Financial Group Franchise
    US Expansion Yes -
    Canada Expansion No No
    International Expansion No No

    Start-Up Costs and Fees Mobile

    Investment
    Jackson Hewitt Tax Service Franchise
    $45,130 - $110,255
    American Tax and Financial Group Franchise
    $33,600 - $43,000
    Franchise Fee
    Jackson Hewitt Tax Service Franchise
    $15,000 - $25,000
    American Tax and Financial Group Franchise
    $15,000
    Royalty Fee
    Jackson Hewitt Tax Service Franchise
    15% - 5%
    American Tax and Financial Group Franchise
    10%
    Advertising Fee
    Jackson Hewitt Tax Service Franchise
    6%
    American Tax and Financial Group Franchise
    -
    Year Founded
    Jackson Hewitt Tax Service Franchise
    1960
    American Tax and Financial Group Franchise
    1997
    Year Franchised
    Jackson Hewitt Tax Service Franchise
    1986
    American Tax and Financial Group Franchise
    2003
    Term Of Agreement
    Jackson Hewitt Tax Service Franchise
    10 years
    American Tax and Financial Group Franchise
    5 years
    Renewal Fee
    Jackson Hewitt Tax Service Franchise
    -
    American Tax and Financial Group Franchise
    $2.5K


    Business Experience Requirements

    Experience
    Jackson Hewitt Tax Service Franchise
    -
    American Tax and Financial Group Franchise

  • Strong commitment to customer service

  • Financing Options

      In-House/3rd Party
    Franchise Fees
    Jackson Hewitt Tax Service Franchise
    Yes/No
    American Tax and Financial Group Franchise
    Yes/No
    Start-up Costs
    Jackson Hewitt Tax Service Franchise
    No/No
    American Tax and Financial Group Franchise
    No/No
    Equipment
    Jackson Hewitt Tax Service Franchise
    No/No
    American Tax and Financial Group Franchise
    No/No
    Inventory
    Jackson Hewitt Tax Service Franchise
    No/Yes
    American Tax and Financial Group Franchise
    No/No
    Receivables
    Jackson Hewitt Tax Service Franchise
    No/No
    American Tax and Financial Group Franchise
    No/No
    Payroll
    Jackson Hewitt Tax Service Franchise
    No/No
    American Tax and Financial Group Franchise
    No/No

    Training & Support

    Training
    Jackson Hewitt Tax Service Franchise
    On-The-Job Training: 14 hours Classroom Training: 35 hours Additional Training: At Technology Headquarters (Sarasota, Fla.)
    American Tax and Financial Group Franchise
    -
    Support
    Jackson Hewitt Tax Service Franchise
    Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    American Tax and Financial Group Franchise
    Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing
    Jackson Hewitt Tax Service Franchise
    Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Email marketing Loyalty program/app
    American Tax and Financial Group Franchise
    Ad slicks, Regional advertising
    Operations
    Jackson Hewitt Tax Service Franchise
    83% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)

    American Tax and Financial Group Franchise

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.


    Expansion Plans

    US Expansion
    Jackson Hewitt Tax Service Franchise
    Yes
    American Tax and Financial Group Franchise
    -
    Canada Expansion
    Jackson Hewitt Tax Service Franchise
    No
    American Tax and Financial Group Franchise
    No
    International Expansion
    Jackson Hewitt Tax Service Franchise
    No
    American Tax and Financial Group Franchise
    No

    Company Overviews

    About Jackson Hewitt Tax Service

    Started in1960, Jackson Hewitt is a full-service, year-round national tax service specializing in computerized federal and state preparation of individual returns. It began franchising in 1986, the same year that the IRS introduced electronic filing.

    The total investment necessary to begin operation of a standard Jackson Hewitt Tax Service® business is $74,820 to $110,255 and for a kiosk location is $45,130 to $71,355. This includes $15,500 to $25,500 that must be paid to the franchisor.
    Veteran Incentives  20% off franchise fee
    "Entrepreneur
    #197 in Franchise 500 for 2020.
    #250 in Franchise 500 for 2021.



    About American Tax and Financial Group

    American Tax and Financial Group was founded in 1997 in Dallas, Texas by Calvin Dale Brown II, as a sole proprietor certified public accounting firm. The Company had very humble beginnings. With no more than $700 and a “dream”, Mr. Brown secured a lease on a small office, measuring about 120 square feet, and the practice was born. The first full year of business, the practice grossed about $35,000, mainly providing income tax services, including electronic filing, to individual taxpayers. Year two saw an increase in revenues from business services, as well as more tax clients, and revenue doubled to about $70,000. After just three years in business, the practice was grossing about $100,000 annually. Over the next three years, Mr. Brown continued to run and grow the practice. After 6 years of running a local CPA firm, it was now time, and the decision was made, to expand the practice nationally, and American Tax and Financial Group was born. Mr. Brown’s vision for the Company is for it to be America’s leading and premier financial services company, offering tax, comprehensive financial, and business services to the American public through a nationwide group of Certified Public Accountants and trained tax professionals (independent franchisees).