Paramount Tax & Accounting has established itself as a trusted leader in professional tax and accounting services since 2008. With a growing network of locations across the United States, they've built their reputation on providing exceptional financial services to both individuals and businesses.

What sets Paramount Tax & Accounting apart is their commitment to personalized service and expertise. Their franchise owners consistently receive glowing reviews for their attention to detail, professional knowledge, and ability to simplify complex tax situations for their clients. The franchise emphasizes building long-term relationships with clients, going beyond just annual tax preparation to offer year-round financial guidance and support.

The franchise system provides comprehensive training and ongoing support to help franchise owners master the intricacies of tax preparation, accounting, and financial consulting. This enables franchisees to serve a diverse client base, from individual taxpayers to small business owners, with confidence and expertise.

As a Paramount Tax & Accounting franchise owner, you'll benefit from a proven business model that combines professional tax services with the growing demand for reliable financial guidance. The franchise's commitment to excellence is evident in their approach to client service, use of advanced tax preparation software, and continuous professional development opportunities for franchise owners.

This opportunity is ideal for professionals who are passionate about helping others achieve financial success and want to build a respected business in their community. Whether you have a background in accounting or are new to the industry, Paramount Tax & Accounting provides the training and support needed to establish and grow a successful tax and accounting practice.

DID YOU KNOW?

How much does it cost to start a franchise with Paramount Tax & Accounting?

$74,100

$166,000

Did you know that launching your own Paramount Tax & Accounting franchise - a proven business model that helps clients navigate complex tax situations year-round - requires a total investment between $74,100 and $166,000, which includes the $40,000 franchise fee plus all the essential startup costs like equipment, training, and working capital needed to open your doors and start serving customers in your community?

Financial Summary

Franchise Fee: $40,000
Investment Range: $74,100 - $166,000
Investment Midpoint: $120,050
Minimum Cash Required: $74,100
Royalty Fees: 10%
Brand Fund: 1%

Brand Bragging Rights

Licensed professionals deliver expert tax and accounting services

Comprehensive service portfolio: personal taxes, business taxes, bookkeeping, and payroll

Established 2008 with proven 16-year track record and 74 active locations

Strong financial performance with $434,313 average gross revenue

Extensive geographic footprint across multiple states from Arizona to Washington

Professional service model with mandatory annual demand cycle

Financial Analysis

Paramount Tax & Accounting requires an investment range of $74,100 to $166,000, with the minimum investment moderately above the accounting sub-sector average of $38,451 and the maximum significantly exceeding the sub-sector average of $82,947. This investment reflects the franchise's comprehensive service model encompassing tax preparation, accounting, bookkeeping, and business services delivered by licensed professionals. The tax preparation industry benefits from recurring annual demand and regulatory complexity that drives consumer reliance on professional services. Established in 2008 with 74 active units, Paramount demonstrates solid system maturity and measured growth trajectory across multiple states. The reported gross revenue of $434,313 substantially exceeds the sub-sector average of $246,455 by 76%, though investors should thoroughly review the FDD for revenue exclusions and operational details. The business model's seasonal nature around tax deadlines creates cash flow considerations requiring adequate working capital reserves. Ideal investors should possess strong business management experience and sufficient liquid capital to sustain operations through seasonal fluctuations. The professional services sector offers strong stability characteristics as tax compliance remains mandatory regardless of economic conditions. Multi-unit development potential exists for qualified operators seeking to expand within protected territories.

Expected Investment Range

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Average Gross Sales

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Financing

Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Paramount Tax & Accounting. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners

FranFund

Financing Partner

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CRF USA

Financing Partner

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First Bank of the Lake

Financing Partner

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Golden Capital Solutions

Financing Partner

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Location Analysis

Paramount Tax & Accounting demonstrates strong market presence with widespread coverage across multiple states, showing particular concentration in the Western and Southeastern United States. The franchise has notable presence in California and Utah, followed by significant market share in Florida, suggesting successful penetration in both high-population coastal regions and growing inland markets. The impressive 4.68 average rating across thousands of customer reviews indicates strong operational performance and customer satisfaction across regions.

The franchise's appointment-based business model offers flexibility in location selection, reducing overhead costs and allowing for strategic positioning in professional office districts or mixed-use developments. Key markets like California and Florida present continued growth opportunities due to their large small business populations and diverse tax needs, while emerging markets in Nevada and Arizona show promising expansion potential.

Ideal locations for new franchises should target areas with high concentrations of small businesses, self-employed professionals, and middle to upper-middle-income households. The current geographic distribution suggests successful penetration in both urban and suburban markets, with particular strength in regions experiencing population growth and business development. Untapped markets in the Northeast and Midwest represent significant expansion opportunities, especially in states with complex tax regulations and growing entrepreneurial communities.

Total US Locations74

Open Franchises72

Corporate Locations2

Average Sq. FootN/A

Territory Map

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Franchise Net Unit Growth

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Additional Information

Executive Team

Get to know the leadership behind Paramount Tax & Accounting. Learn about the experience and expertise of the executive team guiding Paramount Tax & Accounting's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Paramount Tax & Accounting. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Paramount Tax & Accounting's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Paramount Tax & Accounting's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions

Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Brand Highlights