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Lloyd Personnel Systems

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Lloyd Personnel Systems
445 Broadhollow Rd., # 119
Melville, NY 11747-3601
800#: (888) 292-6678 + 708
Tel: (631) 777-7600 + 708
Fax: (631) 777-7620
E-Mail: [email protected]
Web Site: www.lloydstaffing.com
Contact: Mr. Jason Banks, VP Franchise Operations


Since 1971, we have successfully served thousands of employers, job seekers and temporary employees. Our blended service concept truly embodies the entire staffing scope, including temporary personnel, consultants, direct hire placement and executive search. And because we recognize that the field of human resources has significantly changed its structure and focus over the years, we've added several complimentary and compatible staffing components to enhance the support we provide.




Franchisor Background


Established: 1971
First Franchise: 1986
Franchise Units: 6
Company-Owned Units: 6
Total Units: 12

Distribution:
U.S. -- 12; Canada -- 0; International -- 0
-North America -- Operations in NR
-States/Provinces with Greatest Density: 5 in NY, 2 in NJ, 2 in CT

Projected New Units Over Next 12 months: 3
Franchisee Qualifications: 4, 5, 4, 3, 3, 5
(Click here for an explanation)

Registered in Following Registration States: FL,MD (Click here for an explanation)
Average Number of Employees: 4 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,500 SF; FS, SF, SC (Click here for abbreviations)
Encourage Conversion: No


Financial Requirements

Cash Investment: $85-110K
Total Investment: $94.5-159.8K
Average Total Investment: $127.2K
Minimum Net Worth: $300K

Fees:
-Franchise: $20K
-Average Franchise Fee: $20.0K
-Royalty: 60/40-7%
-Advertising: NA

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
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(I)
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 162
On-Going Support: A,C,D,E,g,h,I (Click here for an explanation)
Training: 2 Weeks in Melville, NY; 1 Week at Your Location.


Franchisor's Specific Expansion Plans

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

Note: NR = No Response by Franchisor.
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