FranchiseVerdict
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FV-01886·STRONGExcellent100

Paramount Tax & Accounting

Business Services - Tax & FinancialFranchising since 2018Website
Investment
$74K – $166K
79th pct Tax & Financi…
Avg revenue
$498K
29th pct Tax & Financi…
Royalty
10.0%
9th pct Tax & Financi…
Units
92
59th pct Tax & Financi…
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $74K – $166K including a $40K franchise fee, 10.0% ongoing royalty.
  • Average unit revenue of $498K/year (median $204K). Estimated payback in 0.6 years.
  • Rated STRONG with a risk score of 47/100. SBA loan default rate of 0.0% across 6 loans (below the industry average).
  • System growing at 76.5% CAGR over 3 years with 92 total units — strong expansion trajectory.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Paramount Franchising LLC
Parent company
Paramount Tax & Accounting CPAS PLLC
Incorporated in
Nevada
HQ
12481 South Fort St., Suite 200, Draper, Utah 84020
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$1.9M
vs $2.0M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Paramount Tax & Accounting unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $497,814
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $74K–$166K
Working capital
$
FDD reports $10K–$46K

Unlevered ROIC · per unit

34%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$50K
EBITDA margin
10.0%
Total invested
$148K
Payback
36 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Paramount Tax & Accounting units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$299K

on $1.5M purchase

Total debt

$1.2M

SBA $0.7M + senior + seller note

Overview

About

Paramount Tax & Accounting franchisees operate seasonal tax preparation and accounting service offices serving individual and small-business clients. Day-to-day activities include client intake, tax return preparation (1040s, business returns, payroll), bookkeeping services, and compliance consulting. The model is heavily dependent on tax season (Jan-Apr) and requires licensed or experienced tax professionals.

CEO
Jon Wilhelm
Founded
2016
FDD year
2025
States available
19

Item 7 · what it costs

The Vitals

Total investment
$74K – $166K
All-in to open one unit
Liquid capital
$10K – $46K
Cash you must have on hand
Franchise fee
$40K
Royalty
10.0%
Gross Sales · typical 6–8%
Ad fund
n/d
Total fee load
10.0%
vs 9–13% typical
Payback period
0.6 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$498K
Per unit, per year
Median gross sales
$204K
Item 19 type
Historic Performance (Average/Median)
Sample size
30 units
vs category median 112 · small
Range (low → high)
$57K$3.3M
Cohort dispersion
Transparency
7 / 5
vs category median 0 / 5 · above
Revenue rank29th
vs Business Services - Tax & Financial peers
Investment cost rank79th
Lower investment ranks lower (better)
Royalty rate rank9th
Lower royalty = lower percentile (better)
Unit count rank59th
vs Business Services - Tax & Financial peers
Risk score rank15th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
92
Opened
15
Last reporting year
Closed
3
Turnover rate
3.3%
Company-owned
2
Corporate units in the system
% franchised
98%
vs corporate-owned
Net growth (yr3)
+15.4%
Net unit change last year
3-yr CAGR
+76.5%
Compounded over last 3 years
2023
90+12
Franchised units
2024
78
Franchised units
2025
51
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 32 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 32 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
6
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

47
Risk · 0-100
STRONG47 / 100

Moderate-to-caution risk profile: regulatory compliance issues, unverified financial claims, and high royalty drag on profitability warrant deep validation with current franchisees.

Score breakdown · what drove the 47 / 100 rating

  1. 01MEDRegulatory violation: Maryland Securities Commissioner consent order (Feb 2023) for operating with expired franchise registration—indicates compliance gaps
  2. 02MINORHigh royalty burden: 10% on gross sales reduces net margins; at $497K avg revenue, that's ~$49.7K annually in royalties, impacting the $212.7K net income significantly
  3. 03MEDItem 19 absent: No financial performance claims disclosed in FDD; average revenue/net income figures are unverified and sourced from analyst data, not franchisor attestation
  4. 04MEDModest unit growth: 15.4% YoY growth is healthy but small system (92 units) provides limited peer network and economies of scale
  5. 05MEDHigh initial investment-to-fee ratio: $40K franchise fee represents 54-77% of total startup cost; limited financial cushion for working capital or underperformance period

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
ZIP codes
Protected territory
Yes
Initial term
20 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Utah

Item 11

Training & Operations

Classroom training
16 hrs
On-the-job training
26 hrs
POS system
Drake Software
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

83 numbers

Locked
(916) 445-••••
CA
(208) 776-••••
ID
(808) 586-••••
HI

One-time purchase · CSV download · Validation questions included

FDD download

Paramount Tax & Accounting · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above