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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

Paramount Tax & Accounting

Paramount Tax & Accounting

Paramount Tax & Accounting franchises enable operators to provide federal and state tax return preparation, tax resolution, accounting, and related financial services under the Paramount brand. The business model centers on franchising these professional services, requiring a licensed professional such as a CPA, EA, CA, or attorney to be involved and the office to be open at least 30 hours per week. It targets individuals and businesses in designated territories needing tax preparation and ongoing accounting support, with a seasonal focus around tax deadlines but year-round opportunities.

90locations
$74K–$166K
Since 2018
ServicesDraper, UTParamount Tax & Accounting CPAS PLLCwww.paramount.taxDisclaimer

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Franchise Costs

Franchise Fee
$40,000
Initial Investment
$74,100 – $166,000
Royalty Rate
10.00%
Brand Fund
N/A
Fixed Monthly Fees
$305 – $330

10% royalty + 5% local marketing + $300/mo marketing/SEO/website + $5-30/mo email accounts

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$497,814
Median Gross Revenue
$204,162
Average Net Income
$212,702

Data Based On: 30 franchised outlets that had completed at least one full tax season prior to the beginning of 2024 and who operated for all of 2024.

* All values extracted directly from the 'Franchised Outlets' table on page 3. The average net income of $212,702 is provided explicitly. No expense or profit ranges were provided to calculate a 'best guess profit' range.

Extracted Item 19 Section

Avg. Revenue: $497,814

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Paramount Tax & Accounting Franchise Analysis

Entering the tax services space with Paramount Tax & Accounting means tapping into a recession-resistant niche fueled by mandatory filings and business needs. Item 19 delivers revenue transparency with a striking gap between top and typical performers, while SBA financing records reveal both opportunity and cautionary notes. Can a franchise growing steadily since 2018 deliver the returns you're chasing, or do the numbers expose hidden risks?

Item 7 outlines the initial investment from $74,100 to $166,000, covering the $40,000 franchise fee, build-out, equipment, and initial marketing—realistic for a professional services office needing a licensed CPA, EA, or similar on staff and 30+ hours weekly operation. Ongoing fees hit 10% royalty plus 5% local marketing, $300/month for corporate SEO/website, and minor email costs, totaling a hefty bite from revenues. Item 19 shines here: average gross sales at $497,814 contrast sharply with the $204,162 median across existing units, suggesting a few high-flyers skew the average while most hover lower—key for sizing your expectations in this seasonal model with year-round accounting upsell potential.

System maturity shows 90 franchise locations plus 2 corporate (up 15% from 78 in 2023), with 7 projected new units, 3 terminations, and 7 SBA loans averaging $322,086 but a concerning 28.6% default rate—higher than many peers, flagging possible cash flow strains during off-seasons. Franchising since 2018 from Draper, UT headquarters, it discloses Item 19 fully, aiding due diligence. For buyer evaluation, the revenue spread and SBA defaults signal vetting top territories and operators closely; low-end investment could suit pros with tax expertise, but scale to hit averages demands strong local marketing amid competition.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Paramount Tax & Accounting Compares

Key Insights

  • Lower than average SBA loan default rate in Business Services
FranchiseInvestmentFeeRoyaltyLocations
Paramount Tax & Accounting
Current
$74K – $166K$40K10.0%90
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
RE/MAX$37K – $337K$35K1.0%2,994
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
Business Services Average
198 franchises
$121K – $289K$47K10.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 198 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1UT
20
2TX
13
3CA
13
4FL
10
5NV
6
6AZ
6
7ID
4
8KS
3
9MD
2
10CO
2
11VA
2
12MA
1
13NC
1
14NH
1
15IL
1

+6 more states

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SBA Loan History


Historical SBA 7(a) loan data for Paramount Tax & Accounting franchisees (20172024)

Total Loans
7
Average Loan
$322,086
Total Volume
$2.3M
Default Rate
28.6%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

7 SBA loans on record

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Franchisee Contacts

93 franchisee contacts on file from official FDD filings.

93 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
7

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Frequently Asked Questions

The total initial investment to open a Paramount Tax & Accounting franchise ranges from $74,100 to $166,000. This includes a franchise fee of $40,000. Ongoing royalty fees are 10.0% of gross sales.