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  Home  >>  Personnel Services  >>  Executive Search Firms
FPC (FORTUNE Personnel Consultants)



FPC (FORTUNE Personnel Consultants)
1140 Avenue of the Americas, 5th Fl.
New York, NY 10036-2711


Submit an online form to receive information from FPC (FORTUNE Personnel Consultants).
Business Description

As one of the largest and most successful executive recruiting firms in the world, FPC (F-O-R-T-U-N-E PERSONNEL CONSULTANTS) has set a distinguished standard of leadership and integrity in the executive placement industry. Franchisees enjoy all of today's technologies, along with good old-fashioned service. Intensive training and unparalleled support by industry experienced professionals securely places qualified candidates in their own professional business. Extensive on-going training, mentoring and coaching.

Franchisor Background

Year Established:  1959

Franchising Since:  1973

Operating Units:

Franchised Units:

72

100%
Company-Owned Units:00%
 
Total Operating Units:
72
100.0%
 
Geographic Distribution:
U.S.:7198.6%In 28 States
Canada:11.4%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
72
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Florida7
2. Massachusetts7
3. New Jersey7

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth: $250K
Cash Investment:$31.4-63.9K
Total Investment:$83.1-128.6K
Average Total Investment:$106K
 
Fees:
Initial Franchise Fee:$40K
Average Franchise Fee:$40K
On-Going Royalty:7%
Average Royalty:7%
Advertising Fee:1%
 
Average Number of Employees: 3-5 Full-time, 1-2 Part-time

Space Needs (in square footage): 1,000

Preferred Sites:

Other Sites: Commercial Office

Encourage Conversions? Not Applicable

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:3
Specific Industry Experience:3
Formal Education:4
Psychological Profile:2
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:20 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 10
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Direct
 
Marketing Support:
Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Home Office, New York, NY2 Weeks
2. Franchise Location5 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 12-15

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:No
Submit an online form to receive information from FPC (FORTUNE Personnel Consultants).