• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Menu
  • Home
  • About
    • About Franchise Chatter
    • Contact
    • Privacy Policy
    • Terms of Service
    • Affiliate Disclosures
  • Subscribers Only
    • Login
    • New to Franchise Chatter? Start Here
    • America’s Most Lucrative Franchises
    • Franchises Ranked by Average Revenues
    • Franchises Ranked by Average Profits
    • Franchise Winners, Survivors and Losers Last Year
    • FDD Talk
    • Search by Name
  • Top Franchises
  • Franchise Earnings
  • Costs
  • Fees
  • Quiz
  • Search

FDD Talk 2015: The Express Employment Professionals Franchise Opportunity (Financial Performance Analysis, Estimated Costs, and Other Important Stuff You Need to Know)

Last updated on February 12, 2017 by Franchise Chatter Leave a Comment
in FDD Talk 2021: Miscellaneous Franchises, Franchise Earnings, Staffing Franchise

Express Employment Professionals Photo by technomadia



Learn Which Franchises Can Make You Rich

In this FDD Talk 2015 post, you’ll learn the following:

  • Section I – Background information on the Express Employment Professionals franchise opportunity, including relevant news updates
  • Section II – Estimated initial investment for an Express Employment Professionals franchise, based on Item 7 of the company’s 2015 FDD
  • Section III – Presentation and analysis of Express Employment Professionals’ financial performance representations, based on Item 19 of the company’s 2015 FDD, including information on the:
  • 2014, 2013, and 2012 average combined sales (flexible staffing sales and career placement sales) and average gross margin for domestic and international Express Employment Professionals units (territories) open more than 24 months
  • 2014, 2013, and 2012 average franchisee share of gross margin and gross receipts (AAGM)
  • number and percent of units that achieved at least $875,000 in gross margin and gross receipts in 2014, at least $850,000 in 2013, and at least $825,000 in 2012

Section I – Background Information

Started in 1983, Express Employment Professionals has grown into a major staffing agency that helps people find work and businesses find workers. With more than 700 locations in the U.S., Canada, and South Africa, Express Employment Professionals employs in excess of 450,000 people in all kinds of client businesses.

America's Most Lucrative Franchises of the Year

Its lofty and ambitious mission is to professionally market and provide quality human resource solutions through an international franchising network that profit our associates, customers, franchisees, corporate staff, stockholders and communities in which we conduct business.

The company’s vision is “To help as many people as possible find good jobs by helping as many clients as possible find good people.” The chain has already helped 5 million people find work since it was founded.

Headquartered in Oklahoma City, OK, the company generated $2.5 billion in sales. Here’s how the largest franchised staffing company (second-largest privately-held staffing company, fifth-largest employment agency overall in the U.S.) stays on top of the fast-growing staffing industry:

Leadership That Thinks Differently

When Bob Funk (CEO and Chairman of the Board) and Bill Stoller (vice chairman and executive council member) founded Express Employment Professionals back in 1983, they wanted to do business differently. They recognized that there’s more to business success than profits.

Financial Calculator

What they’ve built together is a culture of caring where helping people find good jobs creates a virtuous cycle of success for individuals, businesses, and communities.

Giving Back

Express Employment takes doing good seriously. The company recently announced, in conjunction with its franchise locations in MI, MN, IL, KS, OH, CO, and TN, the donation of $75,000 to seven different nonprofit organizations.

The support goes to organizations helping a variety of causes, from support services for veterans and their families to housing to community college scholarships for the disadvantaged.

Stimulating Leadership Development

More than embodying great leadership, the company hosts an annual leadership event to spark new thinking and leadership development efforts. Its most recent event, the 2015 Refresh Leadership Live Simulcast, featured entertainer Dan Aykroyd, motivational speaker and bestselling author Liz Murray, and retail giant Daymond John of ABC’s Shark Tank television program.

Franchises Ranked by Average Revenues and Profits

The Needed Know-How

After more than three decades in this business, CEO Bob Funk knows a thing or two about the jobs market. In fact, he’s probably one of the country’s leading experts with a finger on the pulse of what jobs are available, why they’re available, and what it takes to fill them.

In the end, he notes that there are only a few simple things to finding a job: “First you need integrity; second, a strong work ethic; and, third, you have to be able to pass a drug test.”

He claims he can find a job within 24 hours for any person meeting those qualifications. He should know – his company currently puts 456,000 people to work around the world. And he has developed the business model that allows the company’s franchised locations to operate smoothly.

Section II – Estimated Costs

  • Please click here for detailed estimates of Express Employment Professionals franchise costs, based on Item 7 of the company’s 2015 FDD.

Section III – Financial Performance Representations (Item 19, 2015 FDD) and Analysis

Part 1 – Gross Margin of Certain Express Employment Professionals Businesses During the Company’s Fiscal Years 2014, 2013, and 2012



To Access the Rest of This Article and Other Premium, Income-Enhancing Content, Subscribe Now or Log In.

Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment. Click Here to Learn More.



Gain the Insider Information (and Actual Earnings Data) You Need to Make a Safe and Smart Franchise Investment - See more at: https://www.franchisechatter.com/register/#sthash.le7wKJKM.dpuf


Franchise Winners and Losers Last Year

Financial Calculator

Tagged as: Express Employment Professionals

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous post: FDD Talk 2015: The Bottle and Bottega Franchise Opportunity (Financial Performance Analysis, Estimated Costs, and Other Important Stuff You Need to Know)

Next post: Franchise Costs: Detailed Estimates of Matco Tools Franchise Costs (2021 FDD)

Primary Sidebar

Financial Calculator

Want to Know the Next Great Franchises for Your Area?

As seen in:  New York Times, Bloomberg Businessweek, and CNBC

Login

Remember Me
Register | Lost your Password?
Reminder: Your username and password are case-sensitive.

Need help? Email franchisechatterblog@gmail.com

SuperFranchise (New Series)

Learning From the SuperFranchises

Ace Hardware Franchise

Raising Cane’s Franchise

Jollibee Franchise

F45 Training Franchise

Crumbl Cookies Franchise

Dutch Bros. Coffee Franchise

Best Franchises by Industry

Best Franchises by Industry (All Lists)

Best Laundromat Franchises

Best Storage Unit Franchises

Best Car Wash Service Franchises

Best Gym and Fitness Franchises

Best Pizza Franchises

Best Sandwich Franchises

Best Childcare Franchises

Best Ice Cream Franchises

Best Coffee Franchises

Best Hamburger Franchises

Best Salon and Beauty Franchises

Best Chicken Franchises

Best Smoothie and Juice Franchises

Best Maid Service Franchises

Best Mexican Restaurant Franchises

Best Massage Service Franchises

Best Tutoring Franchises

Best Auto Repair Franchises

Best Auto Oil Change Franchises

Best Asian Restaurant Franchises

Best Pet Franchises

Best Commercial Cleaning Franchises

Best Sports Bar Franchises

Best Baked Goods Franchises

Best Moving/Junk Removal Franchises

Best Mailbox Franchises

Best Apparel Retail Franchises

Best Senior Care Franchises

Best Restoration Franchises

Best Dry Cleaning Franchises

Best Hot Dog Franchises

Best Breakfast Restaurant Franchises

Best Insurance Franchises

Best Carpet Cleaning Franchises

Best Tax Preparation Franchises

Best Tech Franchises

Best Painting Franchises

Best Convenience Store Franchises

Best Travel Agency Franchises

Best “Paint and Sip” Franchises

Best Trampoline Park Franchises

Best Chocolate/Candy Franchises

Best Tools Distribution Franchises

Best Sign Franchises

Best Salon Suites Franchises

Best Property Management Franchises

Best Laboratory Services Franchises

Best Staffing/Recruiting Franchises

Best Lawn Care Franchises

Best Advertising Services Franchises

Best Printing/Marketing Franchises

Best Real Estate Franchises

Most Profitable Franchises

Top Low Cost Franchises

Franchise Chatter uses affiliate links for Franchise Help and Franchise Brokers Association.

Franchise Chatter © 2022