Charles Schwab vs Jackson Hewitt Tax Service
Franchise Comparison 2026
Both Charles Schwab and Jackson Hewitt Tax Service are financial services franchises. Charles Schwab requires an investment of $104K – $222K while Jackson Hewitt Tax Service requires $96K – $128K. In terms of revenue, Charles Schwab reports higher average unit revenue at $45.0M. Jackson Hewitt Tax Service has SBA lending data on file with a 4.9% charge-off rate. FranchiseVerdict rates Charles Schwab A (Top Quintile) and Jackson Hewitt Tax Service B (Above Average).
| Metric | Charles Schwab | Jackson Hewitt Tax Service |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $104K – $222K | $96K – $128K |
| Franchise Fee | $50K | $50K |
| Royalty Rate | 0.5% | 3.0% |
| Average Revenue (Item 19) | $45.0M | $115K |
| SBA Charge-Off Rate | Limited data | 4.9% (164 loans) |
| Total Units | 382 | 5,287 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2011 | 1986 |
| FDD Year | 2026 | 2025 |
Investment Range
$104K – $222K
$96K – $128K
Franchise Fee
$50K
$50K
Royalty Rate
0.5%
3.0%
Average Revenue (Item 19)
$45.0M
$115K
SBA Charge-Off Rate
Limited data
4.9% (164 loans)
Total Units
382
5,287
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2011
1986
FDD Year
2026
2025