百大连锁店-Rank no. 362 -新移民致富之路

百大连锁店-Rank no. 362 -新移民致富之路


Rank no. 362 – Labor Finders – US

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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
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),