SiempreTax+ FDD Summary
Type of Business
SiempreTax offers a franchise program to operate tax return preparation offices utilizing special marketing techniques and operating procedures.
Corporate Information
SiempreTax+ LLC was originally formed as Hispanic Tax, LLC (a Virginia limited liability company) on April 18, 2014. In July 2014, they formally changed their name from Hispanic Tax, LLC to SiempreTax LLC and then, in July 2016, from SiempreTax LLC to SiempreTax+ LLC. Their affiliate, JTH Tax, Inc. (“JTH Tax,” “Liberty” or “Liberty Tax Service”) is a Delaware corporation incorporated on October 23, 1996. The principal place of business for SiempreTax+, JTH Tax, LT, Inc. and JTH Financial is 1716 Corporate Landing Parkway, Virginia Beach, Virginia 23454.
Investment
Option 1- $25,000-$40,000 franchise fee: The total investment necessary to begin operation of a SiempreTax franchised business is $43,700 to $71,900 if you purchase under this option. This includes $25,000 to $40,000 that must be paid to the franchisor.
Option 2- Contemporaneous Purchase of Liberty Tax Service and SiempreTax in Same Territorial Area: The total investment necessary to begin operation of a SiempreTax franchise is $48,700 to $56,900 if you purchase under this option. This amount includes $25,000 that must be paid to the franchisor.