Sign up for our newsletter and receive a free copy of the first chapter of Bond's Franchise Guide.
Express Employment Professionals
Express Employment Professionals is a growing franchise within the $97 billion staffing industry. The average Express Employment Professionals franchise generated on average $3.5 million in sales in 2010. Also in 2010, Express grew 46%, setting 23 new weekly sales records. For the first half of 2011 Express has grown 32%. Express offers new franchise owners the unique chance to build income and equity while helping people grow their careers and impacting the local community.
Franchisor Background
Year Established:
1983
Franchising Since:
1985
IFA Member
CFA Member
Operating Units:
Franchised Units:
564
99.8%
Company-Owned Units:
1
0.2%
______
_____
Total Operating Units:
565
100%
Geographic Distribution:
U.S.:
523
92.6%
In 49 States
Canada:
27
4.8%
In 3 Canadian Provinces
International:
15
2.7%
In 2 Foreign Countries
______
_____
Total:
565
100%
North America:
States/Provinces with the largest number of operating units:
Density
Units
1. Texas
55
2. California
49
3. Oklahoma
34
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:
$200K
Cash Investment:
$50K
Total Investment:
$95,500-134,500K
Average Total Investment:
$115K
Fees:
Initial Franchise Fee:
$35K
Average Franchise Fee:
$35K
On-Going Royalty:
8-9%
Average Royalty:
8%
Advertising Fee:
0.6%
Average Number of Employees:
3 Full-time, 0 Part-time
Space Needs (in square footage):
1,000-1,200
Preferred Sites:
Storefront, Strip Center
Other Sites:
Encourage Conversions?
Yes
Earnings Claims Provided?
Yes
Listed in the SBA Registry?
No
Support and Training
International Franchise Association:
Yes
Canadian Franchise Association:
Yes
Franchisee Association/Member:
No
Size of Corporate Staff:
200
Site Selection Assistance?
Yes
Lease Negotiation Assistance?
Yes
Financial Assistance?
No
Marketing Support:
Co-Op Advertising:
Yes
National Advertising:
No
Regional Advertising:
No
Local Advertising:
No
Marketing Materials:
Ad Slicks, Brochures, Emails, Promotional Items, Radio Ads, Television Ads, Trade Show Exhibits, Videos
