How to Start an Express Employment Professionals Franchise in 2022
William H. Stoller and Robert A. Funk founded Express Employment International in 1983 and began franchising as Express Employment Professionals two years later. With 800 locations throughout the North America and South Africa, the business services brand has become the No. Flexible staffing franchises for individuals, communities, and businesses.
Express gives new franchise owners the unique opportunity to increase income and equity while helping people build their careers and make a positive impact in the community. It is a professional business that operates during the week. Individuals with staffing industry experience can also benefit from the brand’s “Boost to Ownership” package. Express Employment Professionals offers more than just operational support to their franchisees. By providing multi-step marketing campaigns, sales training and public relations assistance, Express franchise owners can focus on growing their franchise location. Express offers ongoing education via its online university, as well as training events for owners and staff at both regional and international levels.
Express offers franchisees two ownership models. The traditional model requires a total investment ranging from $140,000 to $160,000 and an active role in new business development by the franchise owner. The professional market model requires an investment of $185,000 to $211,000 and applies to pre-designated territories with a high propensity for professional staffing. This model allows owners to receive customized training and manage two people in the recruiting role, which is not possible in traditional offices with one person. Franchisees can own a business and still have a social life with their family.
Successful Express Employment Professionals franchisees come from diverse backgrounds, including small business, senior business management, sales, finance, communications, marketing, manufacturing, IT, banking, education and human resources.
Generally, this brand is looking for the following types of people.
- Those who possess a sales or business aptitude.
- A minimum of five years of proven leadership, sales or sales management experience.
- A strong desire to build relationships and make a difference in your community.
Express Employment Professional’s owner-operator business model lets franchisees create their definition of success. Franchisees have the option to design their Express offices around their strengths and discover what excites, challenges and excites them.
How much does an Express Employment Professionals franchise cost?
To open an Express Employment Professionals franchise of your own, here are the financial requirements, cash required and ongoing franchise fees associated with business ownership.
Initial franchise fee: $40,000.
Initial investment: $140,000 to $400,000.
Net worth requirement: $250,000.
Cash requirement: $190,000.
Veteran incentives: 50% off the franchise fee.
Royalty fee: 8%.
Ad royalty fees: 2%.
Franchise agreement term: 5 years.
Express Employment Professionals offers in-house financing, as well as third-party funding sources, to cover the franchise fee, startup costs, equipment, inventory, accounts receivable and payroll. How much can Express Employment Professionals franchisees earn? According to the most recent Item 19 in the brand’s franchise disclosure document (FDD), the following figures are available for review and consideration.
- In 2018, the average mature Express franchise territory generated $6. 42 million in annual sales.
- The average new owner generates monthly revenue of $140,500 by their 12th month of operation and $214,570 by their 24th month.
- Express franchisees paid an effective royalty of just 8.6% in 2018.
More about the Express Employment Professionals franchise
In North America, the staffing industry is on track to generate $150 billion annually. Express Employment Professionals was valued at $3. 56 billion in sales in 2018 and has been ranked the No. 1 staffing franchise in Entrepreneur’s Franchise 500 list for eight consecutive years. In 2022, Express garnered the 25th overall ranking. New offices average more than $975,000 in sales in their first year, with mature offices averaging $6. 42 million annually. Express franchise owners can also control their operations by offering flexible work hours and a professional work environment. Express is a growing franchise with more than 825 locations and 35 years of success.
What makes Express Employment Professionals a wise choice for franchisee candidates? It all comes down to the value propositions, just like any franchise opportunity.
Recession resistance: The staffing industry stays strong despite market changes. There are no inventories and startup costs are low.
Community impact: The average office places 600 job seekers every year and supports outreach programs in their community.
Family-friendly values: Express believes in helping their franchisees succeed with 8: 00 a.m. to 5: 00 p.m. office hours that provide optimal work-life balance. One of Express Employment Professionals’ distinctive brand strengths is the fact that their headquarters handles payroll funding. They act as the back-office administrators for their franchisees, processing invoices and other paperwork for clients. This allows franchise owners to spend their time with local businesses and do what they love. Franchisees can benefit from ongoing support and training to help them launch their business or build a company. Express Employment Professionals assist franchisees in reaching new clients. They also help with opening day planning and events. Express Franchise Owners are an amazing resource for franchisees looking to establish their businesses. The average length of franchise ownership is 17 years, and these franchisees remain loyal to the brand because they love what they do.
Franchisees can count on the following.
- Franchisee help desk support from Oklahoma City HQ is available for staff to contact Express for help on the job.
- Monthly regional meetings with other owners to help discover best practices.
- Leadership conferences available for the franchisee’s staff to attend to further their professional development in the business.
- Annual conferences to help foster more education.
- Monthly in-person meetings.
- Strategic development and problem-solving.
Express offers a wealth of leadership training programs and conferences for franchise owners and their staff members to attend, such as the Express Leadership Academy and regional-level owner meetings.
Below are several awards and honors garnered by Express Employment Professionals franchising.
- No. 1 Staffing Franchise, Entrepreneur’s Franchise 500 list (2012 – 2022).
- Rated a world-class franchise, Express received a 99% rating from franchisees on the quality of the Express franchise system (2006-2018).
- Franchise Gator Top 100, Ranked No. 3.
- Franchise Direct Top 100 Global Award (2018).
- Best of Staffing Client Award, in partnership with CareerBuilder (2011-2015).
- Fastest Growing Franchises, Entrepreneur (2013-2015).
- Hall of Fame Inductee, International Franchise Association (2010).
Request more information about franchising with Express Employment Professionals by filling out this form and begin the discovery process for your very own franchise operation.