Padgett Business Services
Franchise research report · reviewed 2026 disclosure data
Researching Padgett Business Services franchise opportunities? Every figure below is cited to the FDD.
Padgett Business Services franchise specializes in accounting, bookkeeping, and tax preparation services for small businesses across the United States.
Headline figures
Quick facts
- How much does it cost to open a Padgett Business Services franchise?
- The Padgett Business Services Franchise Disclosure Document reports separate estimated initial investments by format: $8,700 for conversion only (total investment — $8,700–$84,920; excludes real estate — conversion) (2026 FDD, Item 7, PDF p. 14); $117,295 for total investment — excludes real estate — startup (2026 FDD, Item 7, PDF p. 15). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What ongoing fees does Padgett Business Services charge?
- The disclosed ongoing royalty is $9 (2026 FDD, Item 6, PDF p. 9). The brand or advertising fund contribution is $2 (2026 FDD, Item 6, PDF p. 10). Other recurring fees are listed in Item 6. Details
- Does Padgett Business Services disclose financial performance (Item 19)?
- Yes. The Padgett Business Services FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 33). Figures apply only to the locations and period each one covers. Details
- How many Padgett Business Services locations are there?
- The FDD reports 164 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 36). Existing locations do not indicate territory availability. Details
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2026 FDD (Item 7) estimates opening costs separately by format: $8,700 (Total investment — $8,700–$84,920; excludes real estate — Conversion); $117,295 (Total investment — excludes real estate — Startup); several initial fee options apply.
- 2Item 19 covers 26 separate groups: profit and other measures and revenue for 47 Franchised locations; other measures and revenue and costs and operating income for 44 Franchised locations; other measures and revenue and costs and operating income for 16 Franchised locations; other measures and costs and operating income and revenue for 47 Franchised locations; other measures for 47 Franchised locations; other measures and costs and operating income and revenue for 23 Franchised locations; other measures for 23 Franchised locations; other measures for 16 Franchised locations; other measures for 16 Franchised locations; other measures for 146 Franchised locations; memberships and revenue and other measures for 130 Franchised franchisees; adjusted operating results for Franchised locations; other measures for 50 Franchised franchises; other measures for 100 Franchised franchises; revenue and other measures for Franchised locations; other measures and profit and revenue for 23 Franchised locations; other measures and revenue and profit for 44 Franchised locations; other measures and revenue and profit for 16 Franchised locations; other measures and revenue and profit for 130 Franchised locations; other measures and revenue for 3 Franchised — conversion firms locations; profit for Franchised locations; other measures and revenue for 1 Franchised — conversion firms locations; other measures and revenue for 5 Franchised — conversion firms locations; other measures for 44 Franchised locations; other measures for 50 Franchised franchises; memberships for Franchised locations. They are not combined.
- 3Outlets declined by 2 in 2025, to 164 (United States — systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2026 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- Total investment — $8,700–$84,920; excludes real estate — ConversionPDF p. 14$8,700
- Total investment — excludes real estate — StartupPDF p. 15$117,295
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Royalty — conversion: 9%; timely payments 5% first year, 6.5% second year; minimum after 24 monthsMain ongoing fee
25 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
26 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Profit, revenue and other measures · 47 locations
- Who is counted
- Revenue $500,000+
- Period
- Revenue $500,000+
- Excluded
- 16 franchisees excluded due to reporting timing/tax extensions; profit excludes part-year businesses closed during FY2025. Depreciation, interest, owners’ salaries and discretionary owners’ expenses eliminated.
- Method
- Uniformly accumulated direct franchisee financial reports; figures as printed.
Locations counted: not stated in the reviewed record
Revenue, costs, operating income and other measures · 44 locations
- Who is counted
- Franchisees with annual revenue $100,000–$299,999
- Period
- Median
- Excluded
- 16 of 146 reporting-required franchisees omitted for tax extensions/reporting timing; part-year businesses that closed during 2025 excluded. Adjusted profit eliminates depreciation, interest, owners’ salaries and discretionary owners’ expenses.
- Method
- Franchisee financial reports accumulated uniformly. Average P&L equals cumulative data divided by cohort franchisees. High/median/low and percentages copied as printed without reconciliation.
Locations counted: not stated in the reviewed record
Revenue, costs, operating income and other measures · 16 locations
- Who is counted
- Franchisees with annual revenue Below $100,000
- Period
- Median
- Excluded
- 16 of 146 reporting-required franchisees omitted for tax extensions/reporting timing; part-year businesses that closed during 2025 excluded. Adjusted profit eliminates depreciation, interest, owners’ salaries and discretionary owners’ expenses.
- Method
- Franchisee financial reports accumulated uniformly. Average P&L equals cumulative data divided by cohort franchisees. High/median/low and percentages copied as printed without reconciliation.
Locations counted: not stated in the reviewed record
Costs, operating income, revenue and other measures · 47 locations
- Who is counted
- Franchisees with annual revenue $500,000+
- Period
- Average
- Excluded
- 16 of 146 reporting-required franchisees omitted for tax extensions/reporting timing; part-year businesses that closed during 2025 excluded. Adjusted profit eliminates depreciation, interest, owners’ salaries and discretionary owners’ expenses.
- Method
- Franchisee financial reports accumulated uniformly. Average P&L equals cumulative data divided by cohort franchisees. High/median/low and percentages copied as printed without reconciliation.
Locations counted: not stated in the reviewed record
Other measures · 47 locations
- Who is counted
- P&L revenue $500,000+
- Period
- P&L revenue $500,000+
Locations counted: not stated in the reviewed record
Costs, operating income, revenue and other measures · 23 locations
- Who is counted
- Franchisees with annual revenue $300,000–$499,000 (P&L heading as printed)
- Period
- Cumulative total
- Excluded
- 16 of 146 reporting-required franchisees omitted for tax extensions/reporting timing; part-year businesses that closed during 2025 excluded. Adjusted profit eliminates depreciation, interest, owners’ salaries and discretionary owners’ expenses.
- Method
- Franchisee financial reports accumulated uniformly. Average P&L equals cumulative data divided by cohort franchisees. High/median/low and percentages copied as printed without reconciliation.
Locations counted: not stated in the reviewed record
Other measures · 23 locations
- Who is counted
- P&L revenue $300,000–$499,000 (P&L heading as printed)
- Period
- P&L revenue $300,000–$499,000 (P&L heading as printed)
Locations counted: not stated in the reviewed record
Other measures · 16 locations
- Who is counted
- P&L revenue Below $100,000
- Period
- P&L revenue Below $100,000
Locations counted: not stated in the reviewed record
Other measures · 16 locations
- Who is counted
- Franchisees whose financial information was not included due to tax extensions or reporting timing
- Excluded
- These franchisees were excluded from the complete-financial-information sample.
- Method
- Direct franchisee reports; adjusted profit excludes depreciation, interest, owners’ salaries and discretionary owners’ expenses. Values retained as printed.
Locations counted: not stated in the reviewed record
Other measures · 146 locations
- Who is counted
- All U.S. franchisees subject to revenue reporting requirements as of December 31, 2025
- Excluded
- Complete-financial-information exclusions apply to the profit-report sample, not the reporting-required population.
- Method
- Direct franchisee reports; adjusted profit excludes depreciation, interest, owners’ salaries and discretionary owners’ expenses. Values retained as printed.
Locations counted: not stated in the reviewed record
Memberships, revenue and other measures · 130 locations
- Who is counted
- 130 franchisees submitting complete financial data
- Period
- 2025 (narrative)
- Excluded
- 16 franchisees omitted due to tax extensions or reporting deadline during tax season; profit reports exclude franchises operating part-year that closed in 2025.
- Method
- Direct franchisee reports; adjusted profit excludes depreciation, interest, owners’ salaries and discretionary owners’ expenses. Values retained as printed.
Locations counted: not stated in the reviewed record
Adjusted operating results
Adjusted company-owned results: the franchisor adjusted these centers' expenses to estimate franchisee costs. They are not observed franchisee results or owner take-home income.
- Who is counted
- Franchisees open more than one year with at least $100,000 annual revenue
- Period
- stated median revenue percentage (as printed)
- Excluded
- 16 franchisees omitted due to tax extensions or reporting deadline during tax season; profit reports exclude franchises operating part-year that closed in 2025.
- Method
- Direct franchisee reports; adjusted profit excludes depreciation, interest, owners’ salaries and discretionary owners’ expenses. Values retained as printed.
Locations counted: not stated in the reviewed record
Other measures · 50 locations
- Who is counted
- Top 50 franchises
- Period
- Top 50 franchises
- Excluded
- Growth is reported for franchisees in Padgett Report + Pay; complete-financial-report exclusions concern profit data.
- Method
- All franchisees reporting revenue and royalties in Padgett Report + Pay, FY2025.
Locations counted: not stated in the reviewed record
Other measures · 100 locations
- Who is counted
- Top 100 franchises
- Period
- Top 100 franchises
- Excluded
- Growth is reported for franchisees in Padgett Report + Pay; complete-financial-report exclusions concern profit data.
- Method
- All franchisees reporting revenue and royalties in Padgett Report + Pay, FY2025.
Locations counted: not stated in the reviewed record
Revenue and other measures
- Who is counted
- All reporting franchisees
- Period
- 2024
- Method
- Source-stated dollar amounts in millions; no calculation.
Locations counted: not stated in the reviewed record
Profit, revenue and other measures · 23 locations
- Who is counted
- Revenue $300,000–$499,999
- Period
- Revenue $300,000–$499,999
- Excluded
- 16 franchisees excluded due to reporting timing/tax extensions; profit excludes part-year businesses closed during FY2025. Depreciation, interest, owners’ salaries and discretionary owners’ expenses eliminated.
- Method
- Uniformly accumulated direct franchisee financial reports; figures as printed.
Locations counted: not stated in the reviewed record
Revenue, profit and other measures · 44 locations
- Who is counted
- Revenue $100,000–$299,999
- Period
- Revenue $100,000–$299,999
- Excluded
- 16 franchisees excluded due to reporting timing/tax extensions; profit excludes part-year businesses closed during FY2025. Depreciation, interest, owners’ salaries and discretionary owners’ expenses eliminated.
- Method
- Uniformly accumulated direct franchisee financial reports; figures as printed.
Locations counted: not stated in the reviewed record
Revenue, profit and other measures · 16 locations
- Who is counted
- Revenue below $100,000
- Period
- Revenue below $100,000
- Excluded
- 16 franchisees excluded due to reporting timing/tax extensions; profit excludes part-year businesses closed during FY2025. Depreciation, interest, owners’ salaries and discretionary owners’ expenses eliminated.
- Method
- Uniformly accumulated direct franchisee financial reports; figures as printed.
Locations counted: not stated in the reviewed record
Revenue, profit and other measures · 130 locations
- Who is counted
- All reporting franchisees
- Period
- All reporting franchisees
- Excluded
- 16 franchisees excluded due to reporting timing/tax extensions; profit excludes part-year businesses closed during FY2025. Depreciation, interest, owners’ salaries and discretionary owners’ expenses eliminated.
- Method
- Uniformly accumulated direct franchisee financial reports; figures as printed.
Locations counted: not stated in the reviewed record
Revenue and other measures · 3 locations
- Who is counted
- Firms converted in 2023
- Period
- conversion cohort 2023
- Excluded
- One 2023 converting franchisee opted out; one converting franchisee sold to an existing Padgett owner.
- Method
- Average total gross revenue growth since conversion; no annualization.
Locations counted: not stated in the reviewed record
Profit
- Who is counted
- Franchisees with revenue $100,000+
- Period
- total revenue $100,000+
- Excluded
- 16 franchisees excluded due to reporting timing/tax extensions; profit excludes part-year businesses closed during FY2025. Depreciation, interest, owners’ salaries and discretionary owners’ expenses eliminated.
- Method
- Uniformly accumulated direct franchisee financial reports; figures as printed.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Firms converted in 2022
- Period
- conversion cohort 2022
- Excluded
- One 2023 converting franchisee opted out; one converting franchisee sold to an existing Padgett owner.
- Method
- Average total gross revenue growth since conversion; no annualization.
Locations counted: not stated in the reviewed record
Revenue and other measures · 5 locations
- Who is counted
- Firms converted in 2024
- Period
- conversion cohort 2024
- Excluded
- One 2023 converting franchisee opted out; one converting franchisee sold to an existing Padgett owner.
- Method
- Average total gross revenue growth since conversion; no annualization.
Locations counted: not stated in the reviewed record
Other measures · 44 locations
- Who is counted
- P&L revenue $100,000–$299,999
- Period
- P&L revenue $100,000–$299,999
Locations counted: not stated in the reviewed record
Other measures · 50 locations
- Who is counted
- Bottom 50 franchises
- Period
- Bottom 50 franchises
- Excluded
- Growth is reported for franchisees in Padgett Report + Pay; complete-financial-report exclusions concern profit data.
- Method
- All franchisees reporting revenue and royalties in Padgett Report + Pay, FY2025.
Locations counted: not stated in the reviewed record
Memberships
- Who is counted
- Padgett client monthly fees as of December 31, 2024; cohort count not stated
- Period
- 2024 (narrative)
- Excluded
- No exclusions stated for this prior-year comparison.
- Method
- Direct franchisee reports; adjusted profit excludes depreciation, interest, owners’ salaries and discretionary owners’ expenses. Values retained as printed.
These groups are never combined. Adjusted company-owned operating results cannot be divided by franchised revenue to calculate a franchisee profit margin.
Outlet Changes — Item 20
How has the outlet count changed?
United States — systemwide, as labeled in the FDD · counts as of Fiscal year ended December 31, 2025 of each year.
2026 FDD · Item 20 · PDF p. 36
Net −1 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($8,700 – $117,295) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units decreased from 166 to 164 in 2025. What drove the change?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Item 19 — Locations counted not stated in the reviewed record — Revenue $500,000+ · PDF p. 33
- [2]Item 19 — Locations counted not stated in the reviewed record — Franchisees with annual revenue $100,000–$299,999 · PDF p. 35
- [3]Item 19 — Locations counted not stated in the reviewed record — Franchisees with annual revenue Below $100,000 · PDF p. 35
- [4]Item 19 — Locations counted not stated in the reviewed record — Franchisees with annual revenue $500,000+ · PDF p. 34
- [5]Item 19 — Locations counted not stated in the reviewed record — P&L revenue $500,000+ · PDF p. 34
- [6]Item 19 — Locations counted not stated in the reviewed record — Franchisees with annual revenue $300,000–$499,000 (P&L heading as printed) · PDF p. 34
- [7]Item 19 — Locations counted not stated in the reviewed record — P&L revenue $300,000–$499,000 (P&L heading as printed) · PDF p. 34
- [8]Item 19 — Locations counted not stated in the reviewed record — P&L revenue Below $100,000 · PDF p. 35
- [9]Item 19 — Locations counted not stated in the reviewed record — Franchisees whose financial information was not included due to tax extensions… · PDF p. 31
- [10]Item 19 — Locations counted not stated in the reviewed record — All U.S. franchisees subject to revenue reporting requirements as of December 3… · PDF p. 31
- [11]Item 19 — Locations counted not stated in the reviewed record — 130 franchisees submitting complete financial data · PDF p. 32; PDF p. 31
- [12]Item 19 — Locations counted not stated in the reviewed record — Franchisees open more than one year with at least $100,000 annual revenue · PDF p. 32
- [13]Item 19 — Locations counted not stated in the reviewed record — Top 50 franchises · PDF p. 33
- [14]Item 19 — Locations counted not stated in the reviewed record — Top 100 franchises · PDF p. 33
- [15]Item 19 — Locations counted not stated in the reviewed record — All reporting franchisees · PDF p. 33
- [16]Item 19 — Locations counted not stated in the reviewed record — Revenue $300,000–$499,999 · PDF p. 33
- [17]Item 19 — Locations counted not stated in the reviewed record — Revenue $100,000–$299,999 · PDF p. 33
- [18]Item 19 — Locations counted not stated in the reviewed record — Revenue below $100,000 · PDF p. 33
- [19]Item 19 — Locations counted not stated in the reviewed record — All reporting franchisees · PDF p. 33
- [20]Item 19 — Locations counted not stated in the reviewed record — Firms converted in 2023 · PDF p. 36
- [21]Item 19 — Locations counted not stated in the reviewed record — Franchisees with revenue $100,000+ · PDF p. 33
- [22]Item 19 — Locations counted not stated in the reviewed record — Firms converted in 2022 · PDF p. 36
- [23]Item 19 — Locations counted not stated in the reviewed record — Firms converted in 2024 · PDF p. 36
- [24]Item 19 — Locations counted not stated in the reviewed record — P&L revenue $100,000–$299,999 · PDF p. 35
- [25]Item 19 — Locations counted not stated in the reviewed record — Bottom 50 franchises · PDF p. 33
- [26]Item 19 — Locations counted not stated in the reviewed record — Padgett client monthly fees as of December 31, 2024; cohort count not stated · PDF p. 32
- [27]Outlet counts — Item 20, Table 1 · PDF p. 36
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD
Territory & operations
No territory or operating requirements have been reviewed yet.
113 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
No verified franchisor financial statement figures have been reviewed yet.
SBA-backed loans to franchisees
Loading…
Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
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EOS Worldwide
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Not reviewed
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $500,000+ — numeric column 5 (header alignment unclear)
“$500,000 + 7 18 23.8 20.4 44.8 27.4”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $500,000+ — numeric column 4 (header alignment unclear)
“$500,000 + 7 18 23.8 20.4 44.8 27.4”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $500,000+ — numeric column 3 (header alignment unclear)
“$500,000 + 7 18 23.8 20.4 44.8 27.4”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $500,000+ — numeric column 2 (header alignment unclear)
“$500,000 + 7 18 23.8 20.4 44.8 27.4”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $300,000–$499,999 — numeric column 6 (header alignment unclear)
“$300,000 - $499,999 6 24 36.7 42.3 43.1 78.9”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $300,000–$499,999 — numeric column 5 (header alignment unclear)
“$300,000 - $499,999 6 24 36.7 42.3 43.1 78.9”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $100,000–$299,999 — numeric column 1 (header alignment unclear)
“$100,000 - $299,999 9 21 28.8 (11.6) 40.6 (10.0)”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue below $100,000 — numeric column 5 (header alignment unclear)
“< $100,000 5 26 8.0 13.6 56.2 0.0”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 31 · 2026 FDD
Our summary: Franchised locations subject to reporting
“As of December 31, 2025, PADGETT had 165 franchised locations operated by 146 franchisees in the U.S. subject to revenue reporting requirements.”
Note: Page 31 reports 165 locations operated by 146 franchisees subject to reporting; attached population/sample_size instead describes 130 complete-data respondents. Tool cannot edit context.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $300,000–$499,999 — numeric column 1 (header alignment unclear)
“$300,000 - $499,999 6 24 36.7 42.3 43.1 78.9”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue below $100,000 — numeric column 2 (header alignment unclear)
“< $100,000 5 26 8.0 13.6 56.2 0.0”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $300,000–$499,999 — numeric column 2 (header alignment unclear)
“$300,000 - $499,999 6 24 36.7 42.3 43.1 78.9”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue below $100,000 — numeric column 3 (header alignment unclear)
“< $100,000 5 26 8.0 13.6 56.2 0.0”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue below $100,000 — numeric column 1 (header alignment unclear)
“< $100,000 5 26 8.0 13.6 56.2 0.0”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $300,000–$499,999 — numeric column 3 (header alignment unclear)
“$300,000 - $499,999 6 24 36.7 42.3 43.1 78.9”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $300,000–$499,999 — numeric column 4 (header alignment unclear)
“$300,000 - $499,999 6 24 36.7 42.3 43.1 78.9”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $100,000–$299,999 — numeric column 2 (header alignment unclear)
“$100,000 - $299,999 9 21 28.8 (11.6) 40.6 (10.0)”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue below $100,000 — numeric column 4 (header alignment unclear)
“< $100,000 5 26 8.0 13.6 56.2 0.0”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $500,000+ — numeric column 6 (header alignment unclear)
“$500,000 + 7 18 23.8 20.4 44.8 27.4”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $500,000+ — numeric column 1 (header alignment unclear)
“$500,000 + 7 18 23.8 20.4 44.8 27.4”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $100,000–$299,999 — numeric column 5 (header alignment unclear)
“$100,000 - $299,999 9 21 28.8 (11.6) 40.6 (10.0)”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $100,000–$299,999 — numeric column 4 (header alignment unclear)
“$100,000 - $299,999 9 21 28.8 (11.6) 40.6 (10.0)”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $100,000–$299,999 — numeric column 6 (header alignment unclear)
“$100,000 - $299,999 9 21 28.8 (11.6) 40.6 (10.0)”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue below $100,000 — numeric column 6 (header alignment unclear)
“< $100,000 5 26 8.0 13.6 56.2 0.0”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Item 19 · PDF p. 33 · 2026 FDD
Our summary: Adjusted profit chart — Revenue $100,000–$299,999 — numeric column 3 (header alignment unclear)
“$100,000 - $299,999 9 21 28.8 (11.6) 40.6 (10.0)”
Note: Full PDF page preserves numeric sequence but not reliable column alignment or statistic/units; cannot verify metric.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.