F-o-r-t-u-n-e Personnel Consultants

Executive recruiting

Background

Founded: 1959 Franchising since: 1973
New York City in 1959. FPC recruits executives in 40 industries and 50 disciplines. Since the company began franchising in 1973, FPC has provided a network of recruiters, giving client companies access to nationwide talent and offering candidates career opportunities from across the country.

Franchise owners select the industries and disciplines in which they wish to focus, and industry specialists operate the offices. Recruiters research each client company's products, services and philosophies; analyze available positions; perform candidate searches and screening; present candidates; coordinate interviews; counsel on hiring and assist in negotiations.

1140 Avenue of the Americas
New York, New york 10036

Phone:
(800)886-7839

Franchisor is a privately-held company with 10 employee(s)

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	70	1	0	0
2006	71	1	0	0
2005	77	1	0	0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 250,000+ population

Costs and Fees

Total investment: $93.1K-138.6K
Franchise fee: $50K

Ongoing royalty fee: 7%
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $500K
Cash liquidity requirement: $100K
Business Experience:

Industry experience
General business experience
Marketing skills

Operations

5% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 3
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)