Padgett Business Services

 

Description

Accounting and Tax Franchise opportunity, Padgett provides small business owners with needed financials, government reporting and tax planning / preparation. Padget also specializes in payroll and other services important to small businesses.

Background

Year Established: 1966
Year First Franchised: 1976
Franchised Units: 100+
Actual number of units: 430
Company Owned Units: N/A
Projected New Units (12 months): 40

States referrals are accepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Alberta

Avail. in Canada: Masters/Area Developer: No

 

Financial / Terms

Cash Investment: $106,000
Minimum Investment: $106,000
Minimum Net Worth: $106,000
Franchise Fee: $38,000

Discounts:

  • Vet Fran

Royalty: 9% down to 4.5%
Ad: N/A
Average # of Employees: 1-5
Passive Ownership Allowed: No
Earnings Claims: Yes

Notes:

Cash Investment: $106,000 includes working capital

Total Investment: $106,000

Minimum Net Worth: $106,000

Franchise Fee: $38,000 + Training Fee of $18,000

Discounts: VetFran yes $4,000

VetFran Program Participant: Yes

Royalty: 9% down to 4.5%

Average # of Employees: depends on size – start with 1

Canada:

Single Unit ONLY: Cash Investment = $100,000
Total Investment: $100k
Minimum Net Worth = $100k
Franchise Fee = $27,500 + Training Fee: $15k

 

Franchise Sales

Single Unit: Yes
Multiple Units: No
Area/Master Developer: No
Resales: No

 

International Expansion

International Expansion Opportunities: Yes
Developing outside of the U.S.: Canada
Single Unit Availability Outside U.S.: Yes
Multiple Unit Availability Outside U.S.: No
Area Development or Master Avail.: No
Cash Investment: Inquire with Corporate
Total Investment: Inquire with Corporate

Notes:

Canada:

Single Unit ONLY: Cash Investment = $40,000 - $45,000

Total Investment: $100k

Franchise Fee = $25,000

Candidate must have basic accounting knowledge

 

Support & Training Provided

Financial Assistance Provided:Yes
Site Selection Assistance: No
Lease Negotiation Assistance: No
Co-operative Advertising: No

Notes:

Training:

Two weeks plus 2 day tax instruction initial, field visits, 2 day systems review, yearly marketing conference, yearly tax seminar

 

Get Started!

Freddy O'Pry

Franchise Development

281-342-7474