Franchise opportunities compared
MN Filing 36383-202604-01 vs Padgett Business Services
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Both sets of figures come from 2026 FDDs.
- Padgett Business Services discloses more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (MN Filing 36383-202604-01: 2, Padgett Business Services: 26). Different groups are not directly comparable.
| Disclosure |  MN Filing 36383-202604-01 | PBPadgett Business Services |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $48,200 – $89,700 Total initial investment: $48,200 - $89,700 2026 FDD · Item 7 · PDF p. 23 | $8,700 – $117,295 2026 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | Not available No single standard fee identified | Not available No single standard fee identified |
| Royalty (Item 6) | 10% Royalty fee: 10% of Gross Revenues 2026 FDD · Item 6 · PDF p. 20 | 9% Royalty — conversion: 9%; timely payments 5% first year, 6.5% second year; minimum after 24 months 2026 FDD · Item 6 · PDF p. 9 |
| Brand / advertising fund (Item 6) | 3% Advertising fee: 3% of prior month Gross Revenues — 3% 2026 FDD · Item 6 · PDF p. 20 | 2% Advertising fund — up to 2%; fund not yet established — 2% 2026 FDD · Item 6 · PDF p. 10 |
| System scale & health | ||
| Total outlets (Item 20) | 16 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 48 | 164 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 36 |
| Net outlet change (Item 20) | +12 Calculated: 4 at end of 2023 → 16 at end of 2025 | −1 Calculated: 165 at end of 2023 → 164 at end of 2025 |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Franchisor founded (Item 1) | Not available Not in reviewed records | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Locations counted not stated in the reviewed record — Two franchised Ledgers outlets in operation for three or more years throughout… 1 offices other Number of Offices Below Average: 1 · 2026 FDD · Item 19 · PDF p. 47 Locations counted not stated in the reviewed record — Two franchised Ledgers outlets in operation for three or more years throughout… 50 percent other Percentage of Offices Above Average: 50 · 2026 FDD · Item 19 · PDF p. 47 | Locations counted not stated in the reviewed record — Revenue $500,000+ $12,773,686 other Cumulative adjusted profit · 2026 FDD · Item 19 · PDF p. 33 Locations counted not stated in the reviewed record — Franchisees with annual revenue $100,000–$299,999 $17,080 other Royalties · 2026 FDD · Item 19 · PDF p. 35 Locations counted not stated in the reviewed record — Franchisees with annual revenue Below $100,000 $45,258 other Tax Preparation · 2026 FDD · Item 19 · PDF p. 35 +23 more groups in the full report |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.
MN Filing 36383-202604-01 vs Padgett Business Services: common questions
- Which costs less to open, MN Filing 36383-202604-01 or Padgett Business Services?
- MN Filing 36383-202604-01: $48,200 – $89,700 (2026 FDD · Item 7 · PDF p. 23); Padgett Business Services: $8,700 – $117,295 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Padgett Business Services. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do MN Filing 36383-202604-01 and Padgett Business Services royalties compare?
- MN Filing 36383-202604-01: 10% (2026 FDD · Item 6 · PDF p. 20); Padgett Business Services: 9% (2026 FDD · Item 6 · PDF p. 9). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, MN Filing 36383-202604-01 or Padgett Business Services?
- MN Filing 36383-202604-01: 16 (2026 FDD · Item 20 · PDF p. 48); Padgett Business Services: 164 (2026 FDD · Item 20 · PDF p. 36). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do MN Filing 36383-202604-01 and Padgett Business Services disclose financial performance (Item 19)?
- MN Filing 36383-202604-01 has reviewed Item 19 figures for 2 location groups; Padgett Business Services has reviewed Item 19 figures for 26 location groups. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.