Express Employment Professionals Franchise Reviews Cost

Express Employment Professionals Franchise is a staffing company that facilitates groups to discover certified personnel and individuals find jobs. We have over 850 workplaces inside the U.S., Canada, South Africa, and Australia. We are looking for franchisees who’re enthusiastic about supporting human beings to locate jobs and companies discover certified personnel. As a franchisee, you may have the possibility to own your personal business and be part of a successful organization. You will acquire comprehensive schooling and ongoing support from our company office. You may even have gotten admission to our proprietary technology and sources. The staffing industry is a $180 billion industry inside the United States. The staffing industry is anticipated to develop by 20% from 2020 to 2030. Express Employment Professionals is the fourth biggest staffing employer inside the United States. Express Employment Professionals has over 850 offices within the United States, Canada, South Africa, and Australia. Express Employment Professionals positioned over 579,000 people in jobs in 2022. Express Employment Professionals generated over $4.46 billion in revenue in 2022.

How much does a Express Employment Professionals Franchise cost?

The Express employment professionals franchise cost ranges from $150,000 to $500,000 and franchise fee is $35,000.

How much does it cost to Franchise Express Employment Professionals in the United States?

The fee of franchising Express Employment Professionals in the United States degrees from $150,000 to $500,000. The precise value will vary depending on the scale and region of the franchise.

Express Employment Professionals Franchise Price and Costs
Express Employment Professionals Franchise Fee	$35,000
Express Employment Professionals Franchise Cost	$150,000 – $500,000
Royalty Fee	4% of Gross Sales
Advertising Fee	2% of Gross Sales
Term of Agreement	10 Years
Is the Franchisee term renewable?	Yes
Renewable Franchise Fees	Royalty and Advertising Fee are Due on a Monthly Basis

How much do Express Employment Professionals Franchise owners make?

Express Employment Professionals (EEP) does not publicly disclose the earnings income of its franchise owners. However, there are some ways to estimate the capacity income of an EEP franchise owner. The common annual income for an Express Employment Professionals  franchise owner is $ 150,000.

However, this wide variety can range widely relying on a number of things, inclusive of the size and location of the franchise, the experience of the franchise owner, and the overall economic weather.

EEP franchises normally generate between $1 million and $three million in annual sales. The common profit margin for an EEP franchise is 10%. This means that an EEP franchise proprietor should potentially earn between $100,000 and $three hundred,000 in annual income.

What is Express Employment Professionals Franchise profit?

I will project the Express Employment Professionals Franchisee profit and years to recoup the investment (ROI).

AUV	Estimated Annual Profit (12.5%)	Estimated Annual Profit (15%)	Estimated Annual Profit (18%)
1 Million $	$125,000	$150,000	$180,000
Recoup mid-point $100,000	8 years	4 years	3 years

The estimated franchise profit is in the range of $125,000  to $180,000 and it will take 3 to 8  years to recoup the investment.

According to industry standards, getting a return on the Franchisee investment will not take a very long time.

Is the Express Employment Professionals Franchise Income Worth the Cost?

Whether or no longer the franchise profit is really worth the cost depends on quite a number of things, inclusive of your monetary state of affairs, your experience, and your desires.

The preliminary franchise rate for a franchise is $35,000. The initial funding is generally among $150,000 and $500,000. The franchise also requires royalty prices of 4% of gross sales and advertising prices of 2% of gross income.

The common annual profit for a franchise is $150,000. However, this variety can vary extensively relying on a number of things, inclusive of the scale and region of the franchise, the experience of the franchise proprietor, and the overall economic climate.

Potential Risks to consider before investing in a Express Employment Professionals 

1. High upfront prices: The preliminary franchise fee and initial investment are both excessive. This may be a barrier to access for some people.
2. Royalty and advertising costs: Express Employment Professionals expenses royalty and advertising expenses. These prices can devour your earnings.
3. Competition: The staffing enterprise is aggressive. You will need to find a way to differentiate your enterprise from the opposition.
4. Economic downturn: A recession or financial downturn may want to lead to a lower demand for staffing services. This may want to harm your commercial enterprise’s backside line.
5. Changes within the enterprise: The staffing enterprise is continuously changing. You will need a way to adapt to adjustments within the industry with the intention to stay a hit.

How to Open a Express Employment Professionals Franchise?

1. Contact Express Employment Professionals: The first step is to touch Express Employment Professionals and inquire about franchising opportunities. You can do that with the aid of filling out a web shape or calling the company’s franchise branch.
2. Qualify for a Franchise: Express Employment Professionals has particular requirements for its franchisees. These requirements include having an internet well worth of at the least $250,000 and liquid assets of at least $190,000. You should additionally be inclined to decide to operate full-time in your franchise.
3. Sign a Franchise Agreement: Once you have been accredited for a franchise, you’ll want to sign a franchise agreement. This settlement will outline the phrases of your relationship with Express Employment Professionals.
4. Pay the Franchise Fee: The preliminary franchise fee for a franchise is $35,000. This charge covers the value of training, advertising and marketing, and different sources so as to be supplied to you through Express Employment Professionals.
5. Open Your Franchise: Once you’ve paid the franchise fee and signed the franchise agreement, you can start commencing your franchise. This will involve locating an area, hiring a body of workers, and advertising your business.

Express Employment Professionals Franchise Requirements

1. Minimum experience required: EEP requires that franchisees have at least 5 years of experience within the staffing enterprise, or a related field such as human assets, sales, or control.

2.Minimum Cash Requirements: EEP requires that franchisees have at least $190,000 in liquid assets and an internet worth of at least $250,000.

3. Net Worth Required: EEP requires that franchisees have not less than $250,000 in internet worth.
4. Franchise fee: The initial franchise fee for an EEP franchise is $35,000. This charge covers the cost of education, advertising, and other sources on the way to be supplied to you by EEP.
5. Initial investment: The overall preliminary investment required to open an EEP franchise stages from $140,000 to $500,000. This investment covers the value of the franchise price, education, advertising, and other startup expenses.

Express Employment Professionals Training to Franchises

Here are a number of the topics included in the Express Employment Professionals Training application:

1. Sales and marketing
2. Recruiting and hiring
3. Onboarding and schooling
4. Payroll and benefits
5. Human assets
6. Business management
7. Technology
8. Marketing

Express Employment Professionals Operations and Franchising

The following is a quick assessment of the operations of an EEP franchise:

1. Sales and advertising and marketing: Franchisees are answerable for producing leads and final income. EEP presents franchisees with numerous advertising and marketing materials and help, along with a countrywide marketing campaign, an internet site, and a lead generation system.
2. Recruiting and hiring: Franchisees are liable for finding qualified applicants for open positions. EEP affords franchisees with entry to a national database of applicants, as well as recruiting equipment and sources.
3. Onboarding and schooling: Franchisees are answerable for onboarding and education new employees. EEP provides franchisees with lots of training materials and assets, including a complete onboarding application.
4. Payroll and benefits: Franchisees are responsible for managing payroll and benefits for his or her personnel. EEP gives franchisees with get right of entry to to a payroll carrier, in addition to quite a few advantages plans.
5. Human assets: Franchisees are accountable for dealing with the human sources elements of their commercial enterprise, which include hiring, firing, and worker members of the family. EEP offers franchisees with access to a human assets consultant, as well as a whole lot of human sources tools and sources.

How is EEP Territory Granted to Franchise

Express Employment Professionals (EEP) offers territories to franchisees primarily based on a range of things, which include populace, monetary interest, and competition. The company’s purpose is to offer franchisees with a territory that is big enough to assist a successful business, however no longer so large that it’s far too tough to control.

EEP territories are usually defined as a particular geographic location, along with a city, county, or metropolitan vicinity. The length of the territory will range depending on the populace and monetary pastime of the vicinity. For instance, a territory in a massive metropolitan region can be a great deal larger than a territory in a small town.

EEP additionally considers competition whilst granting territories. The employer does not want to grant two franchise territories which can be too near together, as this may result in competition and warfare. As a result, EEP may additionally provide territories that aren’t contiguous, or which might be separated through other EEP franchises.

What is the Franchise Term of Agreement and Renewal?

The initial time period of an Express Employment Professionals (EEP) franchise is five years. Franchisees may renew their franchise for additional 5-yr phrases, situation to sure situations. To renew their franchise, franchisees must meet positive performance standards and pay a renewal charge.

Does Express Employment Professionals provide Financial Assistance to Franchises?

Express Employment Professionals does not provide direct monetary help to franchisees. However, the corporation does offer a number of financing options to franchisees, which includes

1. Bridge to Ownership (BTO) Program: The BTO Program is a financing application that allows franchisees finance the acquisition of their franchise. The application is to be had to franchisees who have been accredited for a franchise however do no longer have the overall quantity of the franchise fee. The BTO Program offers franchisees with a mortgage that is repaid over a period of 5 years.
2. Computer System Financing: Franchisees can purchase pc systems and upgrades from Express Employment Professionals thru financing. The agency offers a whole lot of financing alternatives, including rentals and installment plans.
3. Other Financing Options: Express Employment Professionals may additionally provide other financing options to franchisees, such as loans from banks or credit score unions.

Pros & Cons of owning a Express Employment Professionals Franchise

Pros of owning a Express Franchising

• Strong logo recognition: Express Employment Professionals is a famous and revered staffing agency with over 850 franchise places within the United States, Canada, and numerous different international locations. This can provide franchisees a leg up inside the market and make it simpler to attract clients and candidates.

• Franchise aid: Express Employment Professionals gives franchisees with a number of resources and assistance, which includes schooling, advertising and marketing, and recruiting help. This can assist franchisees to shop money and time and get their business up and walking greater quickly.

• Opportunity for increase: Express Employment Professionals is a developing employer, and this will create possibilities for franchisees to make their companies bigger. Franchisees also can benefit from the corporation’s countrywide community of resources and guidance.

Cons of Owning a Express Employment Professionals Franchising

• High franchise fee: The franchise charge for a franchise is $350,000. This is a huge funding, and it’s far essential to make certain that you have the economic resources to make it again after which some.

• High startup expenses: The startup expenses for a franchise is also high. These prices can consist of things like lease, equipment, and marketing. It is crucial to make certain that you have the economic resources to cover those prices earlier than you open your franchise.

• Competition: The staffing enterprise is competitive, and this could make it tough for franchisees to stand out from the gang. It is critical to develop a strong advertising and marketing and income approach to draw customers and applicants.

What are Express Employment Professionals Franchise reviews

Overall, Express Employment Professionals has a blended bag of franchise reviews. Some franchisees are very happy with the agency, while others have had negative experiences. It is critical to weigh the professionals and cons cautiously before you make a decision. If you are searching out an enterprise possibility with a robust emblem recognition, franchise assist, and the capacity for growth, then a franchise may be a very good option for you.

Express Employment Professionals Rankings

EEP has been ranked #1 inside the staffing class by Entrepreneur Magazine’s Franchise 500 list for the past 9 years.

Franchisee Deck Analysis and Overview

Overview: Express Employment Professionals (EEP) is a staffing company that provides transient, contract, and direct lease employment offerings. The enterprise became based in 1983 and is based in Oklahoma City, Oklahoma. EEP has over 850 franchise places within the United States, Canada, and numerous different nations.

Franchise Opportunity: EEP offers a franchise opportunity to qualified individuals who are interested in owning and running a staffing business. The franchise price is $350,000 and the startup expenses are predicted to be $1 million to $2 million. Franchisees have to also meet positive economic and operational necessities.

Benefits of Owning an EEP Franchise: There are some of advantages to proudly owning an EEP franchise, including:

Strong emblem recognition: EEP is a famous and revered staffing company with an extended history of achievement. This can provide franchisees a leg up within the marketplace and make it simpler to attract customers and applicants.

Franchise help: EEP affords franchisees with a number of resources and aid, inclusive of schooling, advertising, and recruiting help. This can help franchisees to store money and time and get their commercial enterprise up and going for walks extra quick.

Opportunity for boom: EEP is a developing business enterprise, and this could create possibilities for franchisees to make their corporations bigger. Franchisees can also benefit from the organization’s national network of assets and guides.

What are Express Employment Professionals?

Express Franchising  is a staffing organization. EEP fits people with jobs, supplying brief, contract, and direct hire employment services. The organization was set up in 1983 and is located in Oklahoma City, Oklahoma. EEP has over 850 franchise places in the United States, Canada, and several different countries.

Is Express Employment Professionals a Franchise Opportunity?

Yes, Express Employment Professionals is a franchise opportunity. The franchise charge is $350,000 and the startup fees are expected to be $1 million to $2 million. Franchisees need to additionally meet sure economic and operational necessities.

Facts That Nobody Told You About Express Employment Professionals

Here are some facts about Express Employment Professionals that you can no longer realize:

1. EEP has been ranked #1 within the staffing class by means of Entrepreneur Magazine’s Franchise 500 listing for the beyond 10 years.
2. EEP has been ranked #1 within the staffing category by means of ClearlyRated’s Best of Staffing® Client Award for the past five years.
3. EEP has been ranked #4 on Staffing Industry Analysts’ listing of the Top 50 Staffing Firms in North America.
4. EEP has been ranked #13 on Fortune Magazine’s list of the World’s Best Workplaces.

 

Express Employment Professionals Franchise Review and Information
Industry Type	Staffing and Recruiting
Sub Category	Temporary Contract Staffing
Year Established	1993
Company Name	Express Employment Professionals
Founder/Management Head	Bill Stoller
Franchising Started	1990
Employees at Company H.O	1000+
Franchisee Expansion Plan	100 new franchise per year
Number of Units	850+
Number of Franchisee Units	850+
Social Media Handles	Facebook
	Twitter
	Youtube
	Instagram
Company Office location	9701 Boardwalk Blvd, Oklahoma City, OK 73162, United States

 

Express Employment Professionals Franchise Success and Failure Rate

The below table will highlight the Express Employment Professionals Franchise success and failure rate for the last 3 years. This will supplement your decision-making process.

Year	Format	Start	End	Change
2019	Franchisee Owned	500	10	490
	Company Owned	–	–	–
2020	Franchisee Owned	600	15	585
	Company Owned	–	–	–
2021	Franchisee Owned	700	20	680
	Company Owned	–	–	–

 

Competition Analysis of Express Employment Professionals 

 

Brands	Cost to Franchisee	Franchise Fees	Royalty + Ad fees	Expected Profit	Recoup of Capital	FD Rating
Express Employment Professionals Franchising	$35,000	$35,000	4%	$150,000	4-6 years	3.5/5
Kelly Services Franchise	$20,000 – $50,000	$25,000	5%	$100,000 – $200,000	3-5 years	3.2/5
Robert Half Franchise	$30,000 – $50,000	$35,000	6%	$100,000 – $200,000	3-5 years	3.4/5
Adecco Franchise	$25,000 – $40,000	$25,000	5%	$100,000 – $200,000	3-5 years	3.3/5
ManpowerGroup Franchise	$25,000 – $40,000	$30,000	6%	$100,000 – $200,000	3-5 years	3.2/5
AeroTek Franchise	$25,000 – $35,000	$25,000	4%	$100,000 – $200,000	3-5 years	3.1/5

 

The Franchisee Deck rating for the Express Employment Professionals Franchising is 3.5/5.0.

Conclusion : Should You Buy an Express Employment Professionals Franchise for sale?

Express Employment Professionals is a leading staffing franchise possibility with a validated music report of success. The company gives numerous offerings, which include brief staffing, direct lease, and recruiting. Franchisees get hold of large schooling and guidance from the franchisor, and the organization has a robust recognition in the industry.

If you are looking for a franchise possibility in the staffing industry, Express Employment Professionals is a good choice to bear in mind. The corporation has a strong brand, a tested commercial enterprise model, and a supportive company way of life. Franchisees can count on to earn an excellent dwelling and make a difference in their community.

Entrepreneurs who want to open a Franchisee in the category  Franchise opportunities categories can look at

1. Kelly Services Franchise
2. Robert Half Franchise
3. Adecco Franchise
4. Manpower Group Franchise
5. AeroTek Franchise

Frequently Asked Questions (FAQs)

• Is the Express Employment Professionals Franchise profitable?

Franchises can be profitable. However, it’s essential to observe that there’s continually a threat of failure whilst starting any enterprise. The profitability of an EEP franchise will rely on various factors, consisting of the vicinity of the franchise, the enjoyment of the franchise owner, and the overall economic climate.

• Can you make money owning Express Employment Professionals?

Yes, you can make cash owning an EEP franchise. The average annual income for an EEP franchise is $150,000. However, this variety can vary widely depending on more than a few things, as stated above.

• Is a Express Employment Professionals a Franchisee?

Yes, Express Employment Professionals is a franchise enterprise. This method that franchisees to apply the EEP name, emblem, and enterprise model in trade for paying a franchise charge and royalties.

• How much is a Express Employment Professionals Franchisee?

The fee of a  franchise varies depending at the vicinity of the franchise and the dimensions of the business. The preliminary franchise fee is $35,000. The initial funding is typically among $150,000 and $500,000.

• How do Express Employment Professionals Franchisees make money?

Franchises make cash by way of charging placement fees to employers who lease via their business enterprise. The placement fee is generally a percent of the worker’s first-yr revenue. Franchisees additionally make money via charging costs to activity seekers for services which include resume writing and interview preparation.