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Spherion

spherion franchise opportunitySpherion, a leader in staffing and recruitment for nearly 60 years, is offering franchise and license opportunities in markets nationwide. With a network of more than 700 offices and annual revenues of $2 billion, the company has a strong brand name and presence that transcends the local marketplace. What’s more, Spherion is ranked the fifth largest employer and fourth largest staffing company in the U.S

BACKGROUND

Company Established: 1946
1st Franchised: 1956
Franchised Units: 68 Owners Representing Over 200 Staffing Offices
Company Owned Units: Franchise 296 Staffing Offices
Projected New Units: 30+
Registered: In all registration states CA, HI, IL IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI

FINANCIAL/TERMS

Start Up Costs: $22.7K - $58.2K
Additional Funds: $50K - $80K
Total Investment: License $97.7K - 163.2K
Liquid Capital: $75K - $100K
Franchises Fee: $25K
Royalty: Split on Gross Profit Dollars (75/25 for Temp and 88/12 for Full Time Placement)
Ad: .25% of revenue
Average # of Employees: 2-3
Passive Ownership: No
Earnings Claim: Yes

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