Padgett Business Services

Accounting, Tax & Business Services servicing small business owners.

Background

Year Established: 1966
Year First Franchised: 1976
Franchised Units: 400
Company Owned Units: 0
Projected New Units (12 months): 40
States/Countries Registered In: All USA & Canada

Financial/Terms (United States)

Single unit only Cash Investment: $100k
Total Investment: $98,955
Minimum Net Worth: $100k
Franchise Fee: $38,000 / Training Fee $15k
Discounts: VetFran yes $4k
VetFran Program Participant: Yes
Royalty: 9% down to 4.5%
Ad: N/A
Average # of Employees: depends on size – start with 1
Passive Ownership Allowed: No
Earnings Claim: Yes

International Expansion (Canada):
Single unit only Cash Investment: $100k
Total Investment: $98,150
Minimum Net Worth: $100k
Franchise Fee: $27,500 / Training Fee $15k
Discounts: VetFran yes $4k
VetFran Program Participant: Yes
Royalty: 9% down to 4.5%
Ad: N/A
Average # of Employees: depends on size – start with 1
Passive Ownership Allowed: No
Earnings Claim: Yes

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