Global Recruiters Network
Permanent placement recruiting business that helps companies find and place full-time employees from one or more offices.
Your franchise match score
Business & Professional Services
Brand highlights
- CEOBradford A. Baiocchi
- Headquarters200 S. Wacker Drive, Chicago, IL, 60606
- Year founded2002
- Year started franchising2003
- IndustryBusiness & Professional Services
- Locations open180 (-29 last three years)
Statistics & metrics
- Investment range$61,250 - $128,550
- Franchise fee$50,000
- RoyaltyFor years 1 through 10 of your Franchise Agreement’s term: Gross Receipts up to and including $1,000,000, 10% of Net Receipts Gross Receipts from $1,000,000.01 to $2,000,000, 8% of Net Receipts Gross Receipts from $2,000,000.01 to $3,000,000, 6% of Net Receipts Gross Receipts at or above $3,000,000.01, 4% of Net Receipts For years 11 through 20 of your Franchise Agreement’s term (if applicable): Gross Receipts up to and including $1,000,000, 8% of Net Receipts Gross Receipts from $1,000,000.01 to $2,000,000, 6% of Net Receipts Gross Receipts from $2,000,000.01 to $3,000,000, 4% of Net Receipts Gross Receipts at or above $3,000,000.01, 2% of Net Receipts Supplemental Royalty (Note 2) Varies Same as Continuing Royalty
- Brand fund
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Business & Professional Services industry:
From consulting and staffing to printing and shipping, business services franchises provide essential support to other companies. This sector is ideal for those with a background in corporate environments or B2B sales.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-04-26
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Global Recruiters Network, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Global Recruiters Network's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Global Recruiters Network, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Global Recruiters Network franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Global Recruiters Network provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 180 |
| Franchise locations | 180 |
| Corporate locations | 0 |
System growth over time
FAQs
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