Padgett Business Services FDD – Franchise Information, Costs and Fees
Type of Business
The franchisee will operate a PADGETT BUSINESS SERVICES® franchised business offering tax, payroll compliance and reporting services. As a part of providing these services, franchisees will prepare financial statements for management use, provide income tax advice and preparation services, provide payroll services and provide business counseling and related services using forms, systems and procedures authorized by PADGETT.
Corporate Information
SmallBizPros, Inc. d/b/a Padgett Business Services is a Georgia corporation that was incorporated on June 1, 1988 as “Padgett Business Services USA, Inc.” In June 2002, they changed their corporate name to “SmallBizPros, Inc.” PADGETT does business under the trade name “Padgett Business Services” and service marks “Padgett Business Services (and design),” “Padgett” and related marks the franchisor designates. Their principal corporate address is 160 Hawthorne Park, Athens, Georgia 30606.
Investment
The total investment necessary to begin operation of a conversion Padgett franchise ranges from $20,200 to $72,100. This includes $15,000 to $39,000 that must be paid to PADGETT.
The total investment necessary to begin operation of a new Padgett franchise is $99,975. This includes $56,000 that must be paid to PADGETT.
