First Prize Franchise

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Labor Finders

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Description

As the largest industrial labor staffing franchise in America, we continue this tradition, with over 285 offices throughout the nation. We put America to work every day by providing 16,000 jobs daily, generating over 23 million hours of work annually for our employees and our customers. The staffing industry continues to flourish. According to the Bureau of Labor Statistics: Temporary employment is expected to be the 5th fastest growing industry over the coming years, with nearly 2 million jobs by 2010. Labor Finders is ready to meet this ever growing demand, and you can meet it with us!

Just some of the benefits we offer to our franchisees:

* National name recognition of a staffing franchise with over 33 years of experience!
* Labor Finders- proprietary, easy to use operating software.
* Low start-up cost.
* Only a single $20,000 franchise fee regardless of the number of stores you plan to open or the size of your territory.
* Your own large, exclusive territory.
* Low royalty rate of only 3% with no advertising royalty.
* Formal start-up training and ongoing support.
* Extensive marketing support.

We care about you!

We are a very franchisee friendly company who cares deeply about our franchisees and their success. So we will do what is needed to help you succeed by providing you with both the training and the systems you will need to open your first office, and then continue to support you with the tools you need to grow!

As a Labor Finders franchisee you will have the chance to realize your dreams of owning your own business with all of the support from a strong, experienced team! And you will feel great every day knowing you are making a difference in the lives of good, hard-working people by finding them work and opportunities!

Background

Year Established: 1975
Year First Franchised: 1979
Franchised Units: 287
Company Owned Units: 0
Projected New Units (12 months): 18
States/Countries Registered In: All 50 States
Availability in Canada: Masters / Area Developer - Not franchising in Canada

Financial/Terms

Cash Investment: $120k to $207k (Includes initial investment, plus first three months operating funds)
Total Investment: $120k to $207k (Includes initial investment, plus first three months operating funds)
Minimum Net Worth: $250k
Franchise Fee: $20k
Discounts: VetFran, Women, Minorities? Part of Minority Fran
VetFran Program Participant: No
Royalty: 3.5%
Ad: No advertising fee
Average # of Employees: 2 employees per branch
Passive Ownership Allowed: Yes, as long as certain qualifications are met
Earnings Claims: No

International Expansion:
International Opportunities: No
Countries, outside of United States, where the concept is currently available or plans to expand: N/A
Single Unit Availability: N/A
Multiple Unit Availability: N/A
Area Development or Master Availability: N/A

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