Express Employment Professionals

Express Employment Professionals

Express Employment Professionals
#31

Initial Investment

LOW: $120,000
HIGH: $196,000

Change in Units

+3.3% +24 UNITS (1 Year)
+18.5% +117 UNITS (3 Years)

Company Profile

Founded

1983

Franchising Since

1985 (32 Years)

Corporate Address

9701 Boardwalk Blvd. Oklahoma City, OK 73162

CEO

Robert Funk

Parent Company

Express Services Inc.

About Express Employment Professionals

Robert A. Funk and William H. Stoller founded Express Employment Professionals in 1983. The company began franchising in 1985 and now has locations throughout the United States and in Canada and South Africa. Express Employment Professionals provides temporary and flexible staffing, evaluation and direct hire, professional/contract staffing, and management consulting for individuals and businesses.

Financials

Financial Requirements

Initial Investment

$120,000 - $196,000

Net-worth Requirement

$250,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

8.1%

Ad Royalty Fee

0.6%

Financing Options

Express Employment Professionals offers in-house financing to cover the following: equipment, accounts receivable, payroll

Express Employment Professionals has relationships with third-party sources which offer financing to cover the following: 
startup costs

Veteran Incentives


50% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 10 days

Training at headquarters: 10 days

Additional Training: At certified training office

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Security
Field Operations

Marketing Support
Ad Slicks
National Media

Number of employees required to run: 3

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 14th, 2016

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