FPC (F-O-R-T-U-N-E Personnel Consultants)
Yes, we actively support the inclusion and development of minority-owned franchises in the FPC (F-O-R-T-U-N-E Personnel Consultants) system.
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: rherzog@fpcnational.com
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:
> North America -- Operations in 28 States, 1 Province
> States/Provinces with Greatest Density: 7 in FL, 7 in MA, 7 in NJ
Units Owned by Minorities:
>African-American: 1
>Hispanic:
>Asian-American: 1
>Native American:
>Other:
Average Number of Employees: 3-5 FT, 1-2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; Commercial Office
(for abbreviations click here)
Financial Requirements
Cash Investment: $31.4-63.9K
Total Investment: $83.1-128.6K
Average Total Investment: $105K
Minimum Net Worth: $250K
Fees
>Franchise: $40K
>Average Franchise Fee: $40K
>Royalty: 7%
>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
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes
Size Of Corporate Staff: 10
On-Going Support: A,B,C,D,E,F,G,H,I (for an explanation click here)
Training: 2 Weeks Home Office, New York, NY: 5 Days Franchise Location.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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