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FPC (F-O-R-T-U-N-E Personnel Consultants)

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FPC (F-O-R-T-U-N-E Personnel Consultants)
1140 Avenue of the Americas, 5th Fl.
New York, NY 10036-2711
800#: (800) 886-7839
Tel: (212) 302-1141
Fax: (212) 302-2422
E-Mail: [email protected]
Web Site: www.fpcnational.com
Contact: Mr. Ron Herzog, President


As one of the world's largest and most successful executive recruiting firms , 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/coaching.




Franchisor Background


Established: 1959
First Franchise: 1973
Franchise Units: 72
Company-Owned Units: 0
Total Units: 72

Distribution:
U.S. -- 71; Canada -- 1; International -- 0
-North America -- Operations in 28 States, 1 Province
-States/Provinces with Greatest Density: 7 in FL, 7 in MA, 7 in NJ

Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 4, 3, 3, 4, 2, 4
(Click here for an explanation)

Registered in Following Registration States: All Except AB (Click here for an explanation)
Average Number of Employees: 3-5 FT, 1-2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; Commercial Office (Click here for abbreviations)
Encourage Conversion: NA


Financial Requirements

Cash Investment: $31.4-63.9K
Total Investment: $83.1-128.6K
Average Total Investment: $105.9K
Minimum Net Worth: $250K

Fees:
-Franchise: $40K
-Average Franchise Fee: $40.0K
-Royalty: 7%
-Average Royalty: 7.0%
-Advertising: 1%

Provide Earning Claim Statement: Yes


Terms of Contract

Term of Contract (Years): 20/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 10
On-Going Support: A,B,C,D,E,F,G,H,I (Click here for an explanation)
Training: 2 Weeks Home Office, New York, NY: 5 Days Franchise Location.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: All Canada
Overseas: No

Note: NR = No Response by Franchisor.
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