Jackson Hewitt Tax Service vs Padgett Business Services
Franchise Comparison 2026
Both Jackson Hewitt Tax Service and Padgett Business Services are financial services franchises. Jackson Hewitt Tax Service requires an investment of $96K – $128K while Padgett Business Services requires $117K – $117K. Jackson Hewitt Tax Service discloses average revenue of $115K; no Item 19 revenue figure is on file for Padgett Business Services. On SBA loan performance, Jackson Hewitt Tax Service has a lower charge-off rate (4.9%) compared to Padgett Business Services (8.7%). FranchiseVerdict rates Jackson Hewitt Tax Service B (Above average) and Padgett Business Services A (Strongest tier).
| Metric | Jackson Hewitt Tax Service | Padgett Business Services |
|---|---|---|
| Verdict Grade | BAbove average | AStrongest tier |
| Investment Range | $96K – $128K | $117K – $117K |
| Franchise Fee | $25K | $63K |
| Royalty Rate | 3.0% | 9.0% |
| Average Revenue (Item 19) | $115K | N/A |
| SBA Charge-Off Rate | 4.9% (164 loans) | 8.7% (65 loans) |
| Total Units | 5,287 | 167 |
| Unit Growth (YoY) | -321 units | +1 units |
| Year Began Franchising | 1986 | 1988 |
| FDD Year | 2023 | 2025 |
Investment Range
$96K – $128K
$117K – $117K
Franchise Fee
$25K
$63K
Royalty Rate
3.0%
9.0%
Average Revenue (Item 19)
$115K
N/A
SBA Charge-Off Rate
4.9% (164 loans)
8.7% (65 loans)
Total Units
5,287
167
Unit Growth (YoY)
-321 units
+1 units
Year Began Franchising
1986
1988
FDD Year
2023
2025