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Spherion

SpherionSpherion, a leader in staffing and recruitment for nearly 60 years, is offering franchise and license opportunities in markets nationwide. With a network of more than 700 offices and annual revenues of $2 billion, the company has a strong brand name and presence that transcends the local marketplace. What’s more, Spherion franchise opporunity is ranked the fifth largest employer and fourth largest staffing company in the U.S

BACKGROUND

Company Established: 1946
1st Franchised: 1956
Franchised Units: 68 Owners Representing Over 200 Staffing Offices
Company Owned Units: Franchise 296 Staffing Offices
Projected New Units: 30+
Registered: In all registration states CA, HI, IL IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI

FINANCIAL/TERMS

Start Up Costs: $22.7K - $58.2K
Additional Funds: $50K - $80K
Total Investment: License $97.7K - 163.2K
Liquid Capital: $75K - $100K
Franchises Fee: $25K
Royalty: Split on Gross Profit Dollars (75/25 for Temp and 88/12 for Full Time Placement)
Ad: .25% of revenue
Average # of Employees: 2-3
Passive Ownership: No
Earnings Claim: Yes

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