The Paterson Center franchise
2024 filing · July 17, 2024
The Paterson Center at a glance
A strategic planning practice licensed to lead Paterson's LifePlan personal planning and StratOp business planning processes for clients.
The business
- Industry
- Business services
- Franchisor
- The Paterson Center, LLC
- The company that sells the franchises
- Franchisor based in
- Mooresville, North Carolina
What you pay
- Cost to open
- $21K–$111K
- Fee, build-out and opening working capital
- Franchise fee
- $15K–$38K
- $15,000 for LifePlan, $30,000 for StratOp and $37,500 for both
- Royalty
- 2%
- 2% of revenue from LifePlan, StratOp and follow-on work; not charged for fiscal 2025, and the rate may change yearly
- Brand fund
- None now
- Not charged at present
- Agreement length
- 1 year
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- Franchised, 2023
- 68
- As printed in the filing
From The Paterson Center, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
The Paterson Center among all franchises with the same figure.
| Figure | The Paterson Center | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $65,940 | Costs less than 94% of franchises |
| Franchise feePaid once, when you sign | $15,000 | Lower than 93% of franchises |
| RoyaltyShare of sales paid to the franchisor | 2% | Lower than 99% of brands with a set rate |
How much a The Paterson Center franchise costs
Opening one The Paterson Center costs an estimated $20,750 to $111,130. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $30K.
The biggest costs are additional funds for first 6 months (9) of operation ($0 to $54,630) and initial franchise fee ($15,000 to $37,500). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $15,000 | $37,500 | |
| Additional Costs to (3) Attend Training | $500 | $2,000 | |
| Computer Technology (4) Hardware | $500 | $2,000 | |
| Insurance | $1,500 | $3,000 | |
| St Miscellaneous 1 Year (6) Expenses | $1,500 | $5,000 | |
| Accounting and Professional (7) Fees | $1,000 | $3,000 | |
| Membership Fees for First 6 (8) Months | $750 | $4,000 | |
| Additional Funds for First 6 Months (9) of Operation | $0 | $54,630 | |
| Total | $20,750 | $111,130 |
Source: The Paterson Center, LLC, 2024 filing, page 23
The Paterson Center franchise fee
The franchise fee is $15,000 to $37,500, $15,000 for LifePlan, $30,000 for StratOp and $37,500 for both. You pay it when you sign the franchise agreement.
Source: The Paterson Center, LLC, 2024 filing, page 18
Royalty and ongoing fees
| Royalty | 2% of revenue from LifePlan, StratOp and follow-on work; not charged for fiscal 2025, and the rate may change yearly. |
|---|---|
| Brand or marketing fund | Not charged at present. |
| Refresher Training | $500 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: The Paterson Center, LLC, 2024 filing, page 20
Other fees as filed, from page 22. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures The Paterson Center does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: The Paterson Center, LLC, 2024 filing, page 55
How The Paterson Center compares
Of the 324 business services franchises on this site, The Paterson Center is the 28th cheapest to open.
| Figure | The Paterson Center | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $21K | $77K | $222K |
| Cost to open, high end | $111K | $136K | $477K |
| Franchise fee | $15K | $45K | $40K |
| Royalty | 2% | 7% | 6% |
| Shares earnings figures | No | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2021 | 0 (0) | 6 |
| 2022 | 0 (0) | 8 |
| 2023 | 68 (+68) | 9 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2023 counts come to 77, but the filing shows 76. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: home-based franchises and franchise failure rates.
Source: The Paterson Center, LLC, 2024 filing, page 56
Where The Paterson Center locations are
At the end of 2023, The Paterson Center had locations in 25 states. The most are in Colorado, Texas and Florida.
- Colorado23
- Texas8
- Florida4
- North Carolina4
- Tennessee4
- Arizona3
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Colorado | 18 | 5 | 23 |
| Texas | 7 | 1 | 8 |
| Florida | 4 | 0 | 4 |
| North Carolina | 2 | 2 | 4 |
| Tennessee | 3 | 1 | 4 |
| Arizona | 3 | 0 | 3 |
| Indiana | 3 | 0 | 3 |
| Iowa | 3 | 0 | 3 |
| Oregon | 3 | 0 | 3 |
| Pennsylvania | 3 | 0 | 3 |
All 25 states
| Alabama | 2 |
|---|---|
| Georgia | 2 |
| Michigan | 2 |
| Missouri | 2 |
| Idaho | 1 |
| Illinois | 1 |
| Kansas | 1 |
| Kentucky | 1 |
| Louisiana | 1 |
| Nebraska | 1 |
| New Hampshire | 1 |
| Ohio | 1 |
| Oklahoma | 1 |
| South Dakota | 1 |
| Vermont | 1 |
Source: The Paterson Center, LLC, 2024 filing, page 56
Who owns The Paterson Center?
The Paterson Center franchises are sold by The Paterson Center, LLC. It is a subsidiary of Paterson Holdings, LLC.
From The Paterson Center, LLC’s 2024 filing, page 11.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 16. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: The Paterson Center, LLC, 2024 filing, litigation on page 16, bankruptcy on page 17
The Paterson Center filings
The figures on this page come from The Paterson Center, LLC’s 2024 filing, issued July 17, 2024, on record with the Minnesota Department of Commerce.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | July 17, 2024 | Minnesota | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
