HIRE QUEST
HireQuest, Inc.
Company Information
111 Springhall Drive
The Franchisor is HQ Franchising Corporation ("we" or "us" or "our company"), a Delaware corporation formed June 7, 2019. To simplify the language in this Franchise Disclosure Document, "you" refers to the person or entity, and the owners of the entity, who buy(s) the franchise. Our principal business address is 111 Springhall Drive, Goose Creek, SC 29445. The trade names and service marks under which we conduct business are HIREQUEST staffing center and HIREQUEST DIRECT™. See Item 13 for a discussion of the HIREQUEST and HIREQUEST DIRECT™ trademarks offered with the programs described in the disclosure document, and the transition from the former trademarks used to identify these two offerings: ACRUX and TROJAN LABOR.
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Franchise Rating
Franchimp Summary Rating
7/10
Investment Accessibility
7/10
Franchise System Development
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Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $3,500 Maximum: $26,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $45,150 Maximum: $150,750
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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