Franchise Opportunities Blog
Staffing: A Great Business Opportunity
Choosing a growing industry is one of the first steps in selecting a successful franchise. The decision often lies between selecting an emerging trend or an industry with a history of success. Consider the staffing industry— it’s a $142 billion industry that is more than 120 years old in North America and is in a robust growth pattern. Staffing companies have added more jobs to the market in the past three years than nearly any other industry in North America.
The staffing industry has survived the test of time, allowing companies to manage their workforce through recessions and high-demand seasons. According to the Bureau of Labor Statistics, the temporary help services industry now employs around 2.8 million Americans per week, an all-time high. And, with more than 770 offices across North America, Express put a record 510,000 people to work in 2016.
“The staffing industry and Express show no signs of slowing down,” said Bob Funk, CEO and chairman of the board for Express Employment Professionals. “We’re unique in the staffing industry. We’re among the top brands in North America and have committed to the winning model of franchising.”
A release of the performance of Express franchises last year revealed the average success new owners generated in their first year. During the first 12 months, on average, new offices generate sales of more than $1 million. Looking beyond the startup phase, the most recent Express Franchise Disclosure Document showed that the average mature office generates $5.6 million in annual sales* and more than $1 million in annual gross profit margin. Express franchise owners also benefit from paying a low percentage in royalties—on average just 8.1 percent of sales.
With two ownership models and more than 150 available franchise territories, now is the time to explore the Express franchise opportunity. For more information, visit ExpressFranchising.com, email us at firstname.lastname@example.org, or call us at (877) 652-6400.
*For franchises open more than two years, average sales per territory in 2015 were $5,658,388. And for first year offices, sales were $1,027,957 according to Item 19 in the Express Franchise Disclosure Document.