Question 1

How many Padgett Business Services franchise locations are there?

Accepted Answer

Padgett Business Services currently has 167 total units, including 167 franchised locations and 0 company-owned locations.

Question 2

Is the Padgett Business Services franchise system growing or shrinking?

Accepted Answer

Padgett Business Services has experienced positive net growth of +0.6% over the past year, with a 3-year compound annual growth rate (CAGR) of -1.2%.

Question 3

What is the franchise vs. company-owned ratio for Padgett Business Services?

Accepted Answer

Padgett Business Services has a franchise ratio of 100%, meaning 100% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Padgett Business Services franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Padgett Business Services had 9 units opened and 8 units closed.