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Labor Finders

2014 Franchise 500
#433
At a Glance

Products & Services: Industrial staffing

Number of Locations: 184

Total Investment: $120.1K - $206.6K

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
2014 160 0 0 24
2013 157 0 0 23
2012 161 0 0 23
2011 164 0 0 23
2010 168 0 0 23
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

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).
Direct Capital
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®: #433 (2014), #362 (2013), #361 (2012), #402 (2011), #170 (2010),