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Sanford Rose Associates Franchise ProfileBusiness Services Franchises > Staffing |
Investment Overview for Sanford Rose Associates Franchise
The Sanford Rose Associates franchise offers a low initial investment range of $11,400 to $14,800, making it accessible for aspiring entrepreneurs. The franchise fee is set at $7,500, with ongoing royalty fees of 5.5% and a marketing fee of 0.5%. To qualify, potential franchisees must demonstrate a net worth between $200,000 and $500,000. With an average annual revenue of $200,000 per unit, this franchise presents a promising opportunity for those looking to enter the recruitment industry.
Understanding Franchise Performance Metrics
Franchisees of Sanford Rose Associates can expect a breakeven time of approximately 24 months and an investment payback period of just 12 months. The franchise has shown consistent growth, with 111 units in 2020, increasing to 159 units by 2022. This growth trend indicates strong market demand and a solid business model that supports franchisees in achieving financial success.
Operational Costs and Financial Insights
The average annual running expenses for a Sanford Rose Associates franchise total around $23,950, encompassing costs such as office rent, insurance, and startup packages. Understanding these expenses is crucial for potential franchisees as they navigate their financial planning. By effectively managing these costs, franchisees can enhance their profitability and ensure a successful operation.
Evaluating the Franchise Opportunity
Sanford Rose Associates stands out in the recruitment sector with a well-established brand and a comprehensive support system for franchisees. This franchise is ideal for individuals passionate about connecting talent with opportunity, especially those new to the industry. The training and resources provided can empower franchisees to thrive, making it a compelling choice for those looking to make a meaningful impact in their communities through recruitment services.
Sanford Rose Associates Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Sanford Rose Associates Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2020 | 2021 | 2022 |
|---|---|---|---|
| Total Units | 111 | 148 | 159 |
| Net Change YoY | 37 | 11 | |
| Franchised Units | 111 | 148 | 159 |
| Net Change YoY | 37 | 11 | |
| Corporate Units | 0 | 1 | 1 |
| Net Change YoY | 1 | 0 |
Franchise Overview
Sanford Rose Associates is a leading recruitment franchise specializing in executive search and staffing solutions. With a strong reputation built over decades, the franchise provides a comprehensive business model that empowers franchisees to connect top talent with premier organizations. Their unique approach combines industry expertise with advanced recruiting techniques, making them a trusted partner in the staffing industry.
Investment Requirements
The initial investment for a Sanford Rose Associates franchise ranges from $11,400 to $14,800, making it accessible for aspiring entrepreneurs. The franchise fee is set at $7,500, with an ongoing royalty fee of 5.5% and a marketing fee of 0.5%. Franchisees are required to have a net worth between $200,000 and $500,000, ensuring that they have the financial stability to support their business.
Financial Performance
Average annual revenue per unit for Sanford Rose Associates is approximately $200,000, with a median annual revenue of $1,250,000. Units have shown a range of annual revenue, from as low as $10,000 to as high as $3,000,000. This wide variance highlights the potential for profitability depending on the franchisee's market and operational effectiveness.
Operational Insights
Franchisees can expect to reach breakeven within 24 months, with an investment payback period of just 12 months. These metrics suggest a strong potential for return on investment and emphasize the importance of effective business management and client acquisition strategies.
Growth Trajectory
Sanford Rose Associates has demonstrated consistent growth in its franchised units, increasing from 111 in 2020 to 159 in 2022. This upward trend reflects the brand's expanding market presence and the increasing demand for recruitment services, providing franchisees with a solid foundation for future growth.
Support and Training
Franchisees receive comprehensive support and training from Sanford Rose Associates, including access to commercial recruiting and marketing tools. This support is crucial for new franchisees to establish their business effectively and compete in the recruitment industry, ensuring they are well-equipped to succeed from the outset.
Frequently Asked Questions
The initial investment for a Sanford Rose Associates franchise ranges from $11,400 to $14,800, which includes a franchise fee of $7,500.