Top 100 Franchises
2014
The U.S. staffing industry generates $121 billion annually and it's projected be $164 billion by 2018. Express Employment Professionals is a growing franchise with more than 630 current locations and 30 years of experience "ranked No. 1 in the Staffing Industry category and No. 66 overall in the Entrepreneur 500 in 2013." Our average start-up offices average more than $1 million in sales in their first year, with mature offices averaging $5.16 million annually. As an Express franchise owner, you control your life with flexible weekday hours in a professional business. In 2013, in honor of our 30th Anniversary, Express is awarding $30,000 in working capital to a limited number of new franchises. It's a great time to consider a future with Express! Additionally, in 2013 Express will honor the service of our veterans by waiving the $35,000 franchise fee for the first five qualified U.S. veterans awarded a new franchise.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2012 | 557 | 7.95% | 1 | 0.0% | 558 | 7.93% |
| 2011 | 516 | 1.38% | 1 | 0.0% | 517 | 1.37% |
| 2010 | 509 | -- | 1 | -- | 510 | -- |
Investment Required
The fee for an Express Employment Professionals franchise is $35,000. Express Employment Professionals provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced. Please note that the figures below represent expenses for a Core Ownership Model. Express also offers an Expanded Model of Ownership which has an estimated initial investment of $155,000 to $195,000.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Lease/Deposits | $2,100 | $2,700 |
| Leasehold Improvements | $4,000 | $5,000 |
| Utility Deposits | $200 | $600 |
| Expenses While Training | $3,300 | $6,500 |
| Office Equipment | $6,500 | $6,900 |
| Computer System Hardware | $12,000 | $14,500 |
| Furniture and Fixture | $8,000 | $8,600 |
| Signage | $3,000 | $4,000 |
| Insurance | $400 | $600 |
| Professional Fees | $1,000 | $2,000 |
| Additional Funds (3 Months) | $29,500 | $53,600 |
| Total Initial Investment | $105,000 | $140,000 |
Ongoing Expenses
Express franchisees retain 60% of the monthly gross margin, and Express Employment Professionals keeps the rest and takes care of the following ongoing expenses: payroll processing, client invoicing and collections, risk-management administration and worker compensation. Franchisees also pay an advertising/marketing fee equal to 0.6% of the monthly gross margin.
Franchisee Satisfaction
A critical component of the due diligence process is that you, as a prospective franchisee, have a strong sense of existing franchisee satisfaction. Click here to download a summary of a recent independent survey of Express Employment Professionals' existing franchisees conducted by the Franchise Research Institute. Please note that, in order to ensure that the comments were candid (both good and bad), franchisee names were intentionally withheld from the report provided to the franchisor.
| Overall Quality of Franchisor | 97% |
|---|---|
| Initial Training Supplied by Franchisor | 98% |
| Overall Communication Between Home Office Personnel and Franchisees | 98% |
What You Get: Training and Support
Express offers new franchise owners the unique chance to build income and equity while helping people grow their careers and impact the local community. Initial training is provided, consisting of up to 2 weeks in Oklahoma City, OK, and 1 week at a designated site for field training. Express also offers multi-step marketing campaigns, sales training, and public relations assistance, allowing franchise owners to focus on growing their business. Express also offers annual regional and international live training events, as well as continual learning for staff and owners via our online university.
Territory
Express Employment Professionals grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2013 FDD.
2013
The U.S. staffing industry generates $121 billion annually and it's projected be $164 billion by 2018. Express Employment Professionals is a growing franchise with more than 630 current locations and 30 years of experience "ranked No. 1 in the Staffing Industry category and No. 66 overall in the Entrepreneur 500 in 2013." Our average start-up offices average more than $1 million in sales in their first year, with mature offices averaging $5.16 million annually. As an Express franchise owner, you control your life with flexible weekday hours in a professional business. In 2013 Express Employment Professionals in honor of our 30th Anniversary Express is awarding $30,000 in working capital to a limited number of new franchises. It's a great time to consider a future with Express! Additionally, in 2013 Express will honor the service of our veterans by waiving the $35,000 franchise fee for the first five qualified U.S. veterans awarded a new franchise.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2011 | 516 | 1.38% | 1 | 0.0% | 517 | 1.37% |
| 2010 | 509 | -1.93% | 1 | -50.0% | 510 | -2.11% |
| 2009 | 519 | -- | 2 | -- | 521 | -- |
Investment Required
The fee for an Express Employment Professionals franchise is $35,000. Express Employment Professionals provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.These projections apply to the Core Ownership Model. Express also offers an Expanded Model of Ownership which has an estimated initial investment of $155,000 to $195,000.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Lease/Deposits | $2,100 | $2,700 |
| Leasehold Improvements | $4,000 | $5,000 |
| Utility Deposits | $200 | $600 |
| Expenses While Training | $3,300 | $6,500 |
| Office Equipment | $6,500 | $6,900 |
| Computer Hardware and Software | $12,000 | $14,500 |
| Furniture and Fixture | $8,000 | $8,600 |
| Signage | $3,000 | $4,000 |
| Insurance | $400 | $600 |
| Professional Fees | $1,000 | $2,000 |
| Additional Funds (3 Months) | $25,000 | $48,600 |
| Total Initial Investment | $100,500 | $135,000 |
Ongoing Expenses
In 2012, Express franchisees paid an effective royalty of just 6.3% of revenue. The franchisee keeps 60% of the monthly gross margin, and Express Employment Professionals keeps the rest and takes care of the following ongoing expenses: payroll processing, client invoicing and collections, risk-management administration and worker compensation. Franchisees also pay an advertising/marketing fee equal to 0.6% of the monthly gross margin.
Franchisee Satisfaction
A critical component of the due diligence process is that you, as a prospective franchisee, have a strong sense of existing franchisee satisfaction. The table below shows a brief summary of an independent survey of Express Employment Professionals' existing franchisees conducted by the Franchise Research Institute in 2012. Please note that, in order to ensure that the comments were candid (both good and bad), franchisee names were intentionally withheld from the report provided to the franchisor.
| Overall Quality of Franchisor | 94% |
|---|---|
| Initial Training Supplied by Franchisor | 99% |
| My Franchisor understands that if I am successful, they will be successful. | 93% |
What You Get: Training and Support
Express offers new franchise owners the unique chance to build income and equity while helping people grow their careers and impact the local community. It's a professional business with weekday hours. For individuals with staffing industry experience can also benefit from our \Boost to Ownership\ package. Also, we offer more than just operational support to our franchisees. By providing multi-step marketing campaigns, sales training, and public relations assistance, our franchise owners are able to focus on growing their business. Express also offers annual regional and international live training events, as well as continual learning for staff and owners via our online university.
Territory
Express Employment Professionals grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2012 FDD.
2012
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.
| Year | Franchised | Change | Company-Owned | Change | Total | Change |
|---|---|---|---|---|---|---|
| 2010 | 509 | -1.93% | 1 | -50.0% | 510 | -2.11% |
| 2009 | 519 | -5.64% | 2 | -50.0% | 521 | -5.96% |
| 2008 | 550 | -- | 4 | -- | 554 | -- |
Investment Required
The fee for an Express Employment Professionals franchise is $35,000. Express Employment Professionals provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| Item | Established Low Range | Established High Range |
|---|---|---|
| Initial Franchise Fee | $35,000 | $35,000 |
| Lease/Deposits | $2,100 | $2,700 |
| Leasehold Improvements | $4,000 | $5,000 |
| Utility Deposits | $200 | $600 |
| Expenses While Training | $3,300 | $6,500 |
| Office Equipment | $6,500 | $6,900 |
| Computer Hardware and Software | $14,000 | $18,500 |
| Furniture and Fixture | $8,000 | $86,000 |
| Signage | $3,000 | $4,000 |
| Insurance | $400 | $700 |
| Professional Fees | $1,000 | $2,000 |
| Additional Funds (3 Months) | $18,000 | $44,000 |
| Total Initial Investment | $95,500 | $134,500 |
Ongoing Expenses
The franchisee keeps 60% of the monthly gross margin, and Express Employment Professionals keeps the rest and takes care of the following ongoing expenses: payroll processing, client invoicing and collections, risk-management administration and worker compensation. Franchisees also pay an advertising/marketing fee equal to 0.6% of the monthly gross margin.
Franchisee Satisfaction
A critical component of the due diligence process is that you, as a prospective franchisee, have a strong sense of existing franchisee satisfaction. The table below shows a brief summary of an independent survey of Express Employment Professionals' existing franchisees conducted by the Franchise Research Institute in 2011. Please note that, in order to ensure that the comments were candid (both good and bad), franchisee names were intentionally withheld from the report provided to the franchisor.
| Overall Quality of Franchisor | 94% |
|---|---|
| Initial Training Supplied by Franchisor | 99% |
| My Franchisor understands that if I am successful, they will be successful. | 93% |
What You Get: Training and Support
Express offers comprehensive initial training, with two weeks at Express University in Oklahoma City, OK and one week in a certified field training office. The training programs cover the subjects of financial controls, sales and telemarketing techniques, maintenance of quality standards, merchandising, advertising and administration. Franchisees and their staff have ongoing learning opportunities available through online courses, development tracks, training calls and tools available through Express University Online. In addition, Express hosts two live training events annually at the regional SALES Summit as well as an international live training event through the International Leadership Conference. Express offers layers of support and tools, including a developer who visits each franchise location, a toll-free assistance center and technical support open weekdays from 7 AM - 7 PM CST. Franchisees have at their disposal 200 support professionals offering specialized advice at Express international headquarters, along with 70 representatives in the field, a proprietary handbook and manuals. Franchisees receive collateral sales and recruiting materials at no charge and have access to knowledge-based marketing programs unique to Express. Franchisees are equipped for success through Express' sales support programs and marketing and media relations tools.
Territory
Express Employment Professionals grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, ongoing expenses, training and territory grants were taken from the company's 2011 FDD.
