Express Employment Professionals is a staffing business providing temporary and permanent staffing services. The franchise helps connect employers with qualified candidates across various industries.
Key Insights
- Founded with a commitment to helping people find work and businesses find talent, Express Employment Professionals has grown from its origins into a global staffing leader, establishing a robust franchise system focused on community-based service and client relationships.
- The franchise operates by providing a comprehensive range of staffing solutions, including temporary, contract, and permanent placements across various industries, empowering local business owners to manage their workforce needs effectively and efficiently through dedicated support.
- Operating within the dynamic and essential human resources sector, Express Employment Professionals serves as a vital link between employers seeking skilled individuals and job seekers pursuing career opportunities, reflecting the ongoing demand for workforce solutions in the modern economy.
Franchise Fee and Costs to Open
Exploring the financial picture of Express Employment Professionals gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $91,700 - $213,000, along with a franchise fee of $0 - $40,000.
Financial Performance and Revenue
Yearly gross sales of $3,940,677 and estimated earnings of $472,882 - $709,322 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 1.8-3.8 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Express Employment Professionals provides comprehensive initial training, lasting two weeks and conducted at their Oklahoma City headquarters. This program offers franchisees extensive education on all facets of operating an Express office. The franchisor also offers ongoing support and a suite of resources to assist new owners in building their businesses.
Legal Considerations
Legal considerations for a Express Employment Professionals franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating an Express Employment Professionals franchise presents considerations regarding local market dynamics, including the presence of established staffing competitors. Managing the operational complexity of candidate sourcing, client relations, and regulatory compliance requires dedicated attention. The business also navigates reliance on a consistent flow of job seekers and businesses requiring services, which can fluctuate with economic conditions.
Franchise Datasheet
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