Highlights of Express Employment Professionals’ Item 19 Financial Performance Representations (2011 FDD) – Part 1
- An Express Employment Professionals business may provide a variety of services, including flexible staffing, temporary/contract staffing, career placement, and professional search business.
- The total investment necessary to begin operation of an Express Employment Professionals business is from $95,500 to $134,500. This includes $35,000 that must be paid to the franchisor as initial franchise fee.
- The total investment necessary to begin operation of an authorized branch office, or recruiting station, if you meet the franchisor’s criteria, within your territory is from $32,750 to $67,250. This includes $3,000 that must be paid to the franchisor as the branch office fee.
Section 1 – Gross Margin of Certain Express Employment Professionals Businesses During the Company’s Fiscal Year 2008, 2009, and 2010
- The units reported below include both domestic and international units. All dollar amounts are reported in US dollars.
- In FY 2010, the company had a total of 43 international units (Canada – 28; South Africa – 14; Australia – 1). In FY 2009, the company had a total of 43 international units (Canada – 28; South Africa – 14; Australia – 1). In FY 2008, the company had a total of 42 international units (Canada – 27; South Africa – 14; Australia – 1).
- Some Express Employment Professionals businesses also have branch offices. The discussion below reflects the combined Gross Margins and Gross Receipts of the branch offices together with their main offices. In FY 2010, 45 or 8.9% of the units had branch offices. In FY 2009, 46 or 8.4% of the units had branch offices. In FY 2008, 49 or 9.0% of the units had branch offices.
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