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FPC (FORTUNE Personnel Consultants)
 

As one of the largest and most successful executive recruiting firms in the world, FPC (F-O-R-T-U-N-E PERSONNEL CONSULTANTS) has set a distinguished standard of leadership and integrity in the executive placement industry. Franchisees enjoy all of today's technologies, along with good old-fashioned service. Intensive training and unparalleled support by industry experienced professionals securely places qualified candidates in their own professional business. Extensive on-going training, mentoring and coaching.

Franchisor Background

Year Established:

  1959

Franchising Since:

  1973

Operating Units:

Franchised Units:70 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:70 100%  
 

Geographic Distribution:

U.S.:69 98.6% In 28 States
Canada:1 1.4% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:70 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. Florida7
2. Massachusetts7
3. New Jersey7

Registered in Following Registration States:

   California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:

Minimum Net Worth:$250K
Cash Investment:$93-138K
Total Investment:$93-138K
Average Total Investment:$116K
 

Fees:

Initial Franchise Fee:$40K
Average Franchise Fee:$40K
On-Going Royalty:7%
Average Royalty:7%
Advertising Fee:1%

Average Number of Employees:

   3-5 Full-time, 1-2 Part-time

Space Needs (in square footage):

   1,000

Preferred Sites:

  

Other Sites:

   Commercial Office

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff:10
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 

Training:

1. Home Office, New York, NY2 Weeks
2. Franchise Location5 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:3
Formal Education:4
Psychological Profile:2
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:20 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   12-15
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:No
 
 
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