Jackson Hewitt Tax Service vs PAYROLL VAULT
Franchise Comparison 2026
Both Jackson Hewitt Tax Service and PAYROLL VAULT are financial services franchises. Jackson Hewitt Tax Service requires an investment of $96K – $128K while PAYROLL VAULT requires $77K – $112K. In terms of revenue, PAYROLL VAULT reports higher average unit revenue at $282K. On SBA loan performance, Jackson Hewitt Tax Service has a lower charge-off rate (4.9%) compared to PAYROLL VAULT (7.7%). FranchiseVerdict rates Jackson Hewitt Tax Service B (Above average) and PAYROLL VAULT A (Strongest tier).
| Metric | Jackson Hewitt Tax Service | PAYROLL VAULT |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | AStrongest tierStrongest tier |
| Investment Range | $96K – $128K | $77K – $112K |
| Franchise Fee | $25K | $69K |
| Royalty Rate | 3.0% | 6.0% |
| Average Revenue (Item 19) | $115K | $282K |
| SBA Charge-Off Rate | 4.9% (164 loans) | 7.7% (13 loans) |
| Total Units | 5,287 | 55 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1986 | 2012 |
| FDD Year | 2023 | 2025 |
Investment Range
$96K – $128K
$77K – $112K
Franchise Fee
$25K
$69K
Royalty Rate
3.0%
6.0%
Average Revenue (Item 19)
$115K
$282K
SBA Charge-Off Rate
4.9% (164 loans)
7.7% (13 loans)
Total Units
5,287
55
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1986
2012
FDD Year
2023
2025