Business Description

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

Operating Units:
Franchised Units:	6	50%
Company-Owned Units:	6	50%
Total Operating Units:	12	100.0%
Geographic Distribution: U.S.: 12 100% In 0 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 12 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Connecticut	2
2. New Jersey	2
3. New York	5

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

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
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
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, NY	2 Weeks
2. Your Location	1 Week
Expansion Plans
Projected New Units Over Next 12 months: 3 U.S.: Yes, All U.S. Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Lloyd Personnel Systems.