Spherion Staffing & Recruiting - Franchise

Spherion’s locally owned and operated offices match job seekers and employers so each can achieve their goals. Ranked in the top 15% of Entrepreneur’s Franchise 500 list, our average franchise grossed $7.4 million in sales in 2022.*

What Does a Spherion Staffing & Recruiting Franchise Cost?

To buy a franchise with Spherion Staffing & Recruiting, you'll need to have at least liquid capital of $150,000 and a minimum net worth of $200,000. Franchisees can expect to make a total investment of $214,325 - $471,975. Spherion Staffing & Recruiting charges a franchise fee of $40,000. They also offer financing as well as a discount for veterans (Military veterans and members of recognized minority groups receive 25% off of the standard franchise fee). *

Requirements

Financial requirements for this franchise:

Liquid Capital: $150,000
What does Liquid Capital mean?
Net Worth: $200,000
What does Net Worth mean?
Franchise Fee: $40,000
What does Franchise Fee mean?
Total Investment: $214,325 - $471,975
What does Total Investment mean?

Options

Options available to franchisees:

Financing: Available
Training: Available
Veteran Discount: Military veterans and members of recognized minority groups receive 25% off of the standard franchise fee

Franchisor Details

Facts about this franchise:

Total Units: 221
Year Founded: 1946
Franchising Since: 1956

Overview

Spherion’s franchise opportunity builds upon 75+ years of experience and a wealth of workforce knowledge. You’ll step into franchise ownership with an established brand and peer-supported company delivering recruitment, staffing, and workforce support services to more than 160,000 employees and 3,000 clients daily. Our goal is to be known for offering a pipeline of skilled talent and satisfying career opportunities while helping franchisees achieve ever-higher levels of income and professional goals.

Spherion offers a low franchise fee of $40,000. Our minimal start-up costs combined with operations, marketing, payroll and billing support mean you can focus on sales over cash flow.

  • Average 2022 gross sales: $7.4 million 
  • Average 2022 gross profit: $1.6 million 
  • 43% of franchisees surpassed 2021’s average gross profit

Our franchises operate in two categories: Professional IT, which concentrates on technology-centric positions, and General Staffing, which connects job seekers and employers in light industrial, administrative, non-clinical healthcare, educational support, customer service, sales and marketing. We offer single and multi-unit opportunities tailored for each franchisee’s goals and local market potential.

Why Choose Spherion?

Our strong candidate-client relationships and exceptional service backed by the resources of the global leader in human resources allows Spherion to cater to the ever-changing demands of America’s workforce.

  • 4.8/5-star Google rating from franchisees, clients, and employees
  • Average franchise location earning was $7.4 million in 2022, up from $5 million in 2019.
  • Franchise owners benefit from the stability of protected, exclusive territories plus our standard 10-year contract with 5-year renewals.
  • Opportunities abound to grow your market through additional locations and services.
  • B2B model that allows you to maintain a 40-hr weekly schedule, and the flexibility to grow, and outstanding corporate support.
  • Our comprehensive, 380-hour training program covers all facets of operations. You don’t open until you’re confident you will succeed.

Our low franchise fee of $40,000 makes it easy to start your own business. We offer discounts for military veterans, staffing industry veterans, and recognized minority groups as well as in-house financing.

Support & Training

You'll receive 380+ hours of comprehensive role-based training before and after opening. Periodic training addresses client development, legal requirements, marketing and sales. You'll be supported by a dedicated portfolio leader who is available to answer questions and strategize with you, as well as by a national marketing team.

Market & Competition

Spherion and the entire staffing industry is enjoying robust growth thanks to a rebounding post-pandemic economy and shifts in the labor market. Staffing Industry Analysts predicts +/-2% growth for the staffing industry in 2023. Spherion is bullish on that projection and expects the demand for flexibility and scalability to continue fueling our growth. Robust candidate-client relationships and exceptional service backed by the resources of the world's largest talent company allows Spherion to cater to the ever-changing demands of America’s workforce.

Ideal Candidate

Our ideal franchise owner is an entrepreneurial-minded person who desires to be their own boss with the support and resources a national company can offer. Our franchisees come from business, finance, education, law, retail, sales, and more. We have military veterans, first-generation business owners, and multi-generational owners. Spherion franchisees employ a strong work ethic and collaborative leadership strategies to provide employment opportunities.

*This data is based on 60 franchisees that were open and operating for at least one full year as of 12/31/22. 15 of the 60 franchisees (25%) surpassed the average annual sales stated above. Your individual results may differ. There is no assurance that other franchisees will earn as much. Please review Item 19 of our FDD for more information.

* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.

Thank You for Your Interest in this Franchise Opportunity!"

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