Rank no. 362 – Labor Finders – US
Products & Services: Industrial staffing services
Number of Locations: 180
Total Investment: $120.05K – 206.58K
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.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $20,000
Ongoing Royalty Fee: 3.5%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $150,000
Liquid Cash Available: $35,000
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|