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Lloyd Personnel Systems
 

Since 1971, we have successfully served thousands of employers, job seekers and temporary employees. Our blended service concept truly embodies the entire staffing scope, including temporary personnel, consultants, direct hire placement and executive search. And because we recognize that the field of human resources has significantly changed its structure and focus over the years, we've added several complimentary and compatible staffing components to enhance the support we provide.

Franchisor Background

Year Established:

  1971

Franchising Since:

  1986

IFA Member



Operating Units:

Franchised Units:7 46.7%  
Company-Owned Units:8 53.3%  
 ______ _____  
Total Operating Units:15 100%  
 

Geographic Distribution:

U.S.:15 100% In 0 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:15 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. New York5
2. Connecticut2
3. New Jersey2

Registered in Following Registration States:

   Florida, Maryland

Financial Requirements

Investment:

Minimum Net Worth:$300K
Cash Investment:$85-110K
Total Investment:$94.5-159.8K
Average Total Investment:$127K
 

Fees:

Initial Franchise Fee:$20K
Average Franchise Fee:$20K
On-Going Royalty:60/40-7%
Average Royalty:-1%
Advertising Fee:NA

Average Number of Employees:

   4 Full-time, 0 Part-time

Space Needs (in square footage):

   1,500

Preferred Sites:

   Free-standing Building, Storefront, Strip Center

Other Sites:

  

Encourage Conversions?

   No

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:162
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:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:At Additional Cost
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Melville, NY2 Weeks
2. Your Location1 Week
 

Franchisee Qualifications

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

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:10 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:

   3
U.S.:Yes, All U.S.
Canada:No
Overseas:No
 
 
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