Paramount
Key figures
| Initial franchise fee | $40,000 |
| Total investment (Item 7) | $72,100 – $157,000 |
| Royalty (Item 6) | 10% of gross sales |
| Headquarters state | UT |
| Legal name (Item 1) | Paramount Franchising LLC |
| FDD issuance date | 2025-07-30 |
| Franchised units (Item 20) | 54 (Item 20, p.46) |
| Brand website | https://www.paramount.tax |
About Paramount
(6) Information About Our Business and the Franchises Offered (i) We do not operate businesses of the type being franchised, but our affiliate, Paramount Tax & Accounting CPAs, PC, has operated a business similar to the franchise being offered in Salt Lake County, Utah since 2008. We began offering… TERRITORY (Item 12): this franchisor grants an exclusive territory as described in its FDD.
Due diligence dossier
Every figure below is as disclosed in this brand's own FDD, with its FDD citation. FranchiseKI adds no analysis and estimates nothing.
Unit history (Item 20)
| Year | Franchised | Company-owned | Total |
|---|---|---|---|
| 2020 | 21 | 2 | 23 |
| 2021 | 43 | 1 | 44 |
| 2022 | 54 | 1 | 55 |
Source: Item 20, p.46 of the brand's FDD.
Risk & history facts
| Closures in the last 3 years | 1 (Item 20, p.40 of the FDD) |
| Transfers in the last 3 years | 3 (Item 20, p.38-39 of the FDD) |
| Litigation matters disclosed (Item 3) | 0 (Item 3, p.11 of the FDD) |
| Bankruptcy (Item 4) | No bankruptcy disclosed (Item 4) (Item 4, p.11 of the FDD) |
Litigation summary (Item 3): No litigation is required to be disclosed in this Item. (Item 3, p.11 of the FDD)
Item 19 — franchisor-provided financial performance representations
These figures are the franchisor's own representations in Item 19 of its FDD. They are not verified earnings and are not a promise of what any unit will earn.
| Average revenue | $415,517 (Item 19, p.45 of the FDD) |
| Median revenue | $104,244 (Item 19, p.45 of the FDD) |
| Revenue range | $7,400 – $5,101,617 (Item 19, p.45 of the FDD) |
Ownership & operations
| Owner-operator required | Yes (Item 15, p.39 of the FDD) |
| Absentee ownership allowed | Yes (Item 15, p.39 of the FDD) |
| Typical time to open | 1 months (Item 11, p.24 of the FDD) |
Territory description (Item 12): Franchisor grants an exclusive territory defined by one or more ZIP codes, generally with a population base of approximately 100,000 people. Franchisor will not open or license another outlet in this territory. (Item 12, p.31-32 of the FDD)
Training: The length of training depends on the prior experience of your attendees but should last approximately 4 days (not including the optional tax software instruction and educational videos). (Item 11, p.26 of the FDD)
Ongoing support:
- Advice on improving and developing business (telephone/electronic)
- Recommended prices for products and services
- Recommended administrative, bookkeeping, and inventory control procedures
- Maintenance of brand website
- Suggested staffing levels and hiring guidelines
- Operational instructions in the manual
Source: Item 11, p.23 of the brand's FDD.
Company facts
| Headquarters | Draper, UT (Item 1, p.9 of the FDD) |
| Years in business | 7 (Item 1, p.9 of the FDD) |
| Years franchising | 5 (Item 1, p.9 of the FDD) |
| Parent company | Paramount Tax & Accounting CPAS PLLC (Item 1, p.9 of the FDD) |
| Initial term | 20 years (Item 17, p.41 of the FDD) |
| Renewal term | 5 years (Item 17, p.41 of the FDD) |
| Veteran discount | Offered (Item 7, p.18 of the FDD) |
| Company-owned units | 1 (Item 20, p.46 of the FDD) |
| Projected new units | 2 (Item 20, p.41 of the FDD) |
Questions to ask the franchisor
Generated from what this brand's FDD data does not disclose — ask Paramount directly:
- What liquid capital does the franchisor require of a new franchisee? It is not disclosed in the FDD data we hold for this brand.
- What minimum net worth does the franchisor require? It is not disclosed in the FDD data we hold for this brand.
Territory — what the FDD says (Item 12)
Under this brand's Item 12 rule, the franchisor grants an exclusive territory: while your agreement runs, the franchisor may not place another franchisee — or operate a competing company unit — inside your territory's boundaries (subject to the carve-outs in the FDD). Areas inside an existing franchisee's territory are therefore not available to a new buyer.
The FDD's own words (Item 12): “this franchisor grants an exclusive territory as described in its FDD.”
Next steps with Paramount
Put Paramount on a shortlist. Compare it side by side with two other brands. Check it against your budget in the PerfectFit Quiz. Or talk it through with a vetted consultant. That conversation is free to buyers; call (385) 475-5319. Only the franchisor can confirm current terms. Only the franchisor can confirm territory availability.