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 $71K – $105K while Padgett Business Services requires $63K – $117K. In terms of revenue, Padgett Business Services reports higher average unit revenue at $477K. 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 D (Below Average) and Padgett Business Services A (Top Quintile).
| Metric | Jackson Hewitt Tax Service | Padgett Business Services |
|---|---|---|
| Verdict Grade | DBelow AverageBelow Average | ATop QuintileTop Quintile |
| Investment Range | $71K – $105K | $63K – $117K |
| Franchise Fee | $25K | $63K |
| Royalty Rate | 3.0% | the greater of $1,500 or 9% of Gross Receipts (standard rate) |
| Average Revenue (Item 19) | $118K | $477K |
| SBA Charge-Off Rate | 4.9% (164 loans) | 8.7% (65 loans) |
| Total Units | 5,197 | 167 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1986 | 1988 |
| FDD Year | 2025 | 2025 |
Jackson Hewitt Tax Service
DBelow AverageBelow Average
Padgett Business Services
ATop QuintileTop Quintile
Investment Range
$71K – $105K
$63K – $117K
Franchise Fee
$25K
$63K
Royalty Rate
3.0%
the greater of $1,500 or 9% of Gross Receipts (standard rate)
Average Revenue (Item 19)
$118K
$477K
SBA Charge-Off Rate
4.9% (164 loans)
8.7% (65 loans)
Total Units
5,197
167
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1986
1988
FDD Year
2025
2025