5/10

Franchimp Summary Rating

9 /10
Lower than 12% of peers

Franchise Summary

Description
The franchise offered is for the operation of a business which provides management recruiting for the restaurant industry under the trade name GECKO HOSPITALITY and/or a business which provides management recruiting for the hospitality industry under the trade name GECKO EXECUTIVE HOSPITALITY
Company Background
Gecko Hospitality is a franchise organization that provides management recruiting for the restaurant and hospitality industries. The company offers two separate opportunities, GECKO HOSPITALITY(R) and GECKO EXECUTIVE HOSPITALITY(R), based on the individual's desired role. Each opportunity has been designed to provide an attractive return on investment through multiple revenue streams including royalty income from franchisees, referral fees from job applicants, and enrollment of qualified candidates in membership programs. Gecko Hospitality strives to be a world-class provider of recruitment services with one goal: Satisfying our customers by providing them with qualified professionals who meet or exceed their expectations.
Franchise Opportunity
It's difficult to find great employees for your business. The restaurant industry is growing at a rapid pace, but the labor pool is shrinking. Finding qualified workers can be extremely time-consuming and expensive. Gecko Hospitality provides access to experienced managers who are ready to take on leadership roles in your company or start their own businesses as franchisees. We help you find the right person with the right skillset so that you can focus on what's important - running your business effectively and profitably!
Corporate Structure
Gecko Development Corporation is a Florida corporation, incorporated on April 20, 2013. Their principal business address is 2431 First Street, Fort Myers, Florida 33901.

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Gecko Hospitality Franchisees

Gecko Hospitality Franchise System Development in 2024

FAQ

How much investment do I need to start my own Gecko Hospitality business?
Franchisees typically require at least $59,249 to $85,185 investment to get their Gecko Hospitality business started
What are the initial franchise fees for Gecko Hospitality?
Franchisees typically need to pay at least $40,000 in fees directly to Gecko Hospitality in order to earn the right to launch their business
How much money can I make with a Gecko Hospitality franchise? What are the average revenues for a typical Gecko Hospitality business?
We haven’t done the math on how much revenue a typical Gecko Hospitality brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Gecko Hospitality to generate a similar amount
How long do I need to commit to running a Gecko Hospitality unit? What is my contractual commitment?
Gecko Hospitality franchisees are typically required to sign up to a 8 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

9 /10
The Franchisor's investment costs ranges from $59,249 to $85,185 which is Much Lower than the $0 to $0 average in the Personnel Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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