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 $117K – $117K while Jackson Hewitt Tax Service requires $96K – $128K. 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 Padgett Business Services A (Strongest tier) and Jackson Hewitt Tax Service B (Above average).
| Metric | Padgett Business Services | Jackson Hewitt Tax Service |
|---|---|---|
| Verdict Grade | AStrongest tier | BAbove average |
| Investment Range | $117K – $117K | $96K – $128K |
| Franchise Fee | $63K | $25K |
| Royalty Rate | 9.0% | 3.0% |
| Average Revenue (Item 19) | N/A | $115K |
| SBA Charge-Off Rate | 8.7% (65 loans) | 4.9% (164 loans) |
| Total Units | 167 | 5,287 |
| Unit Growth (YoY) | +1 units | -321 units |
| Year Began Franchising | 1988 | 1986 |
| FDD Year | 2025 | 2023 |
Investment Range
$117K – $117K
$96K – $128K
Franchise Fee
$63K
$25K
Royalty Rate
9.0%
3.0%
Average Revenue (Item 19)
N/A
$115K
SBA Charge-Off Rate
8.7% (65 loans)
4.9% (164 loans)
Total Units
167
5,287
Unit Growth (YoY)
+1 units
-321 units
Year Began Franchising
1988
1986
FDD Year
2025
2023