Padgett Business Services vs Jackson Hewitt Tax Service
Franchise Comparison 2026
Both Padgett Business Services and Jackson Hewitt Tax Service are financial services franchises. Padgett Business Services requires an investment of $63K – $117K while Jackson Hewitt Tax Service requires $71K – $105K. 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 Padgett Business Services A (Top Quintile) and Jackson Hewitt Tax Service D (Below Average).
| Metric | Padgett Business Services | Jackson Hewitt Tax Service |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | DBelow AverageBelow Average |
| Investment Range | $63K – $117K | $71K – $105K |
| Franchise Fee | $63K | $25K |
| Royalty Rate | the greater of $1,500 or 9% of Gross Receipts (standard rate) | 3.0% |
| Average Revenue (Item 19) | $477K | $118K |
| SBA Charge-Off Rate | 8.7% (65 loans) | 4.9% (164 loans) |
| Total Units | 167 | 5,197 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 1988 | 1986 |
| FDD Year | 2025 | 2025 |
Padgett Business Services
ATop QuintileTop Quintile
Jackson Hewitt Tax Service
DBelow AverageBelow Average
Investment Range
$63K – $117K
$71K – $105K
Franchise Fee
$63K
$25K
Royalty Rate
the greater of $1,500 or 9% of Gross Receipts (standard rate)
3.0%
Average Revenue (Item 19)
$477K
$118K
SBA Charge-Off Rate
8.7% (65 loans)
4.9% (164 loans)
Total Units
167
5,197
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
1988
1986
FDD Year
2025
2025