Padgett Business Services

Founded: 1965 Franchising since: 1975

160 Hawthorne Pk. Athens, GA 30606

Phone: (800)723-4388

Franchisor has 25 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	297	108	0	0
2008	279	102	0	0
2007	275	100	0	0
2006	273	106	0	0
2005	272	91	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Total investment: $98.2K Franchise fee: $27.5K

Ongoing royalty fee: 4.5-9% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $100K
Business Experience:

• Industry experience
• General business experience
• Marketing skills

Operations

• Franchise can be run from home
• 0.5% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 1
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters: 10 days
• At franchisee's location: 6 days
• At annual marketing convention & tax seminar

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Internet
• Purchasing cooperatives

Marketing Support

• Ad slicks

Other marketing support

• Marketing materials

Franchise 500® rank:
#180 (2008); #155 (2007); #434 (2006); #381 (2005);

Ranked #1 in category in:
2008; 2007;

Top Home Based Franchises:
#38 (2008); #42 (2007);

America's Top Global Franchises:
#157 (2008); #126 (2007);