Padgett Business Services
Business & Professional Services · Tax & Accounting
- Active units
- 166
- Avg unit volume
- $479k
- Royalty
- 9.0%
Franchised, year-end 2023
of weekly Net Sales
About Padgett Business Services
Padgett Business Services N.W. is an Edmonton small business accountant that specializes in serving businesses with 10 employees or less. With 15 years of experience in serving small businesses, they offer a range of services to help owners manage their finances and taxes efficiently. Their team of qualified and experienced professional accountants, bookkeepers, and certified business coaches are dedicated to increasing the value of owner-managed businesses.
Padgett Business Services N.W. leverages technology to provide business owners with up-to-the-minute financial information, business valuations, and tax strategies. They offer safe and secure remote services through customer portals and cloud accounting applications, allowing clients to access their financial data from the convenience of their home or office.
As successful business owners themselves, they understand the challenges and stresses entrepreneurs face. They aim to minimize effort and stress in financial and tax management, allowing business owners to focus on their core operations.
With a personalized client service approach, Padgett Business Services N.W. ensures integrity, professionalism, and a commitment to client success. Whether you are looking for accounting services, monthly bookkeeping, or tax services, their experts are here to assist you. Contact their office for a free consultation and start taking your business to new heights today.
Key terms
- Franchise fee
$56k
- Pilot program fee adjustments
Padgett reserves the right to negotiate a modified initial franchise fee for certain pilot program situations
- Brand fund
2.0% of Net Sales
- Footprint
500 sq ft
- Veteran discount
4000.0% off franchise fee — $4,000 reduction via VetFran; initial franchise fee for veterans is $52,000; initial license fee $33,000
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing).
Growth
- Total locations164
Franchised units open at year-end
- New openings2
Gross new units opened during the calendar year
- 1-year unit growth rate-1.2%
Net unit growth versus prior year
- 3-year unit CAGR-0.3%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.7×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$63k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate9.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns120.5%
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.