Franchise Summary
Description
You will offer temporary industrial employment services under the name LABOR FINDERS for skilled, semi-skilled and unskilled workers.
Company Background
Labor Finders is a company that offers temporary industrial employment services for skilled, semi-skilled and unskilled workers. The company was founded in 1946 and has been growing ever since. Today, Labor Finders employs over 1,000 people who provide this service to an average of 10 clients every day.
Franchise Opportunity
The current industrial employment services market is oversaturated with too many options, making it difficult for customers to decide which service to choose. All of the other industrial employment services providers offer the same thing - a way for businesses to find short-term or long-term employees. But what if there was a different option? Labor Finders offers something different. We are a temporary industrial employment agency that specializes in finding skilled, semi-skilled, and unskilled workers for our clients. We have been in business since 1975 and have an extensive network of qualified workers.
Corporate Structure
Labor Finders International, Inc. is a Florida corporation. They were originally incorporated as Action Temporary Services, Inc. in Florida in 1975. They reincorporated on June 15, 1992 under the name Temporary Solutions, Inc., and changed their name to Labor Finders International, Inc. on December 4, 1992. They maintain their principal place of business at 11426 North Jog Road, Palm Beach Gardens, Florida 33418. They began offering LABOR FINDERS franchises in June 1992.
Earnings Transparency
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
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Employee Contact Database
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Distribution of Labor Finders Franchisees
Labor Finders Franchise System Development in 2021
FAQ
How much investment do I need to start my own Labor Finders business?
Franchisees typically require at least $128 to $221 investment to get their Labor Finders business started
What are the initial franchise fees for Labor Finders?
Franchisees typically need to pay at least $20 in fees directly to Labor Finders in order to earn the right to launch their business
How much money can I make with a Labor Finders franchise? What are
the average revenues for a typical Labor Finders business?
We haven’t done the math on how much revenue a typical
Labor Finders brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
Labor Finders to generate a similar amount
How long do I need to commit to running a Labor Finders unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$128,525 to $221,450
which is
Much Higher
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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