Padgett Business Services
Provides tax preparation and advice, payroll processing and compliance/reporting, preparation of financial statements for management, business counseling, and related data processing using authorized systems.
Your franchise match score
Business & Professional Services
Brand highlights
- CEOJeffrey Phillips
- Headquarters1550 Timothy Road, Athens, GA, 30606
- Year founded1988
- Year started franchising1988
- IndustryBusiness & Professional Services
- Locations open167 (-6 last three years)
Statistics & metrics
- Investment range$8,700 - $117,025
- Franchise fee$59,700
- RoyaltyRoyalty Fee on Padgett Services – Conversion (Note 1, 6): 9% (Note 7) of Gross Receipts except that during the first twelve-month period, the Royalty Rate is 5% for each month Royalties are paid in a timely manner and during the second twelve-month period, the Royalty Rate is 6.5% for each month Royalties are paid in a timely manner. Minimum shall apply after 24 months. (Note 2) Royalty Fee on Padgett Services – Start-Up Franchisee (Note 1, 6): The greater of 9% (Note 7) of Gross Receipts (Note 2) OR: $100/mo. for the first three months of operation after the First Six-Month Period; $200/mo. for the second three months of operation after the First Six-Month Period; $400/mo. for the third three months of operation after the First Six-Month Period; $600/mo. for the fourth three months of operation after the First Six-Month Period; $800/mo. for the fifth three months of operation after the First Six-Month Period; $1,000/mo. for the next consecutive 9 months of operation after the First Six-Month Period; $1,200/mo. for the next consecutive 12 months of operation after the First Six-Month Period; $1,700/mo. for the remainder of the Franchise Agreement term.
- Brand fundUp to 2% of Gross Receipts.
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Business & Professional Services industry:
From consulting and staffing to printing and shipping, business services franchises provide essential support to other companies. This sector is ideal for those with a background in corporate environments or B2B sales.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-03-31
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Padgett Business Services, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Padgett Business Services's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Padgett Business Services, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Padgett Business Services franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Padgett Business Services provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 167 |
| Franchise locations | 167 |
| Corporate locations | 0 |
System growth over time
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