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PrideStaff

2014 Franchise 500
#338
At a Glance

Products & Services: Staffing

Number of Locations: 58

Total Investment: $134.99K - $195.9K

Founded: 1978

Began Franchising: 1995

About PrideStaff

George Rogers founded PrideStaff in Fresno, California, in 1978 and began franchising the company in 1995. In addition to its franchised offices, PridesStaff has three specialty firms: PrideStaff Financial, Rx Relief and Insurance Relief.

Franchise Units

Year U.S. Canadian International Company Owned
2014 55 0 0 3
2013 44 0 0 3
2012 40 0 0 3
2011 35 0 0 3
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $134,992 - $195,900
Franchise Fee: $35,000
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 25% off franchise fee
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $75,000
Operations
10% 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).
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: 10 days. At franchisee's location: 5 days. At certified training office : 4 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Ad slicks,

Franchise Ranking History

Franchise 500®: #338 (2014), #319 (2013),