Charles Schwab vs Liberty Tax Service
Franchise Comparison 2026
Both Charles Schwab and Liberty Tax Service are financial services franchises. Charles Schwab requires an investment of $104K – $222K while Liberty Tax Service requires $50K – $71K. In terms of revenue, Charles Schwab reports higher average unit revenue at $45.0M. Liberty Tax Service has SBA lending data on file with a 11.7% charge-off rate. FranchiseVerdict rates Charles Schwab A (Top Quintile) and Liberty Tax Service D (Below Average).
| Metric | Charles Schwab | Liberty Tax Service |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | DBelow AverageBelow Average |
| Investment Range | $104K – $222K | $50K – $71K |
| Franchise Fee | $50K | $25K |
| Royalty Rate | 0.5% | 14.0% |
| Average Revenue (Item 19) | $45.0M | $147K |
| SBA Charge-Off Rate | Limited data | 11.7% (264 loans) |
| Total Units | 382 | 1,764 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2011 | 1997 |
| FDD Year | 2026 | 2024 |
Investment Range
$104K – $222K
$50K – $71K
Franchise Fee
$50K
$25K
Royalty Rate
0.5%
14.0%
Average Revenue (Item 19)
$45.0M
$147K
SBA Charge-Off Rate
Limited data
11.7% (264 loans)
Total Units
382
1,764
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2011
1997
FDD Year
2026
2024