百大连锁店-Rank no. 362 -新移民致富之路
Rank no. 362 – Labor Finders – US
Products & Services: Industrial staffing services
Number of Locations: 180
Total Investment: $120.05K – 206.58K
Founded: 1975
Began Franchising: 1975
About Labor Finders
Founded in 1975 by Newton Burnett, Labor Finders provides temporary and temp-to-full-time employees, payroll, and outsourcing to construction, maintenance, industrial, hospitality, moving and trucking companies.
Franchise Units
YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
2013 | 157 | 0 | 0 | 23 |
2012 | 161 | 0 | 0 | 23 |
2011 | 164 | 0 | 0 | 23 |
2010 | 168 | 0 | 0 | 23 |
2009 | 181 | 0 | 0 | 31 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $120,060 – $206,580
Franchise Fee: $20,000
Ongoing Royalty Fee: 3.5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $20,000
Ongoing Royalty Fee: 3.5%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $150,000
Liquid Cash Available: $35,000
OPERATIONS
95% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 – 3. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
FINANCING TYPE | IN-HOUSE | THIRD PARTY |
Franchise Fee | ||
Startup Costs | ||
Equipment | ||
Inventory | ||
Accounts Receivable | ||
Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee’s location: Ongoing.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Franchise Ranking History
Franchise 500®: #362 (2013), #361 (2012), #402 (2011), #170 (2010), #174 (2009),