Sanford Rose Associates Franchise Details
Print Page- Investment Required
- Investment Level: $ 125 K
- Training and Support: Yes
Each Sanford Rose Associates franchisee is given the best opportunity to prosper because of the commitment, support and expertise offered by the company. With more than 40 years of continuous and successful operation, they are a recognized leader in the industry of executive search as well as franchising, with a commitment to service, quality and integrity.
Sanford Rose Associates franchises are offered at a price of $45,000 (Forty Five Thousand Dollars). Prospective buyers with significant previous industry specific experience and those who currently own a recruiting firm may pay a franchise fee that ranges between $25,000 (Twenty Five Thousand Dollars) and $45,000 (Forty Five Thousand Dollars).
In return for payment of this initial franchise fee the franchisee gets the chance to do business as Sanford Rose Associates. In addition to the brand recognition, the franchise fee grants access to training, a New Owner Start-up Package, a protected territory, and use of the companies search assignment and candidate file interchange system. The Start-Up Package includes computer software, a phone system, a website, e-mail addresses and stationery.
The executive search business requires minimal capital investment, primarily office furniture and equipment. The business also has low operating costs, leading to a total cash requirement that is estimated to be in the range between $64,000 (Sixty Four Thousand Dollars) and $104,000 (One Hundred Four Thousand Dollars). This cost includes all costs associated with opening a Sanford Rose Associates office as well as six months of working capital.
For those that seek financing, the company will assist by preparing any information needed by a lender of the franchisees own choosing. If the franchisee is unable to pay the franchise fee in full in cash at the time of signing of the franchise agreement and unable to obtain other financing, Sanford Rose Associates will allow the franchisee to finance by a promissory note up to $20,000 (Twenty Thousand Dollars) of the franchise fee for a period not to exceed 16 months from the start of training. A minimum down payment of $25,000 (Twenty Five Thousand Dollars) will be required. The balance is paid in four 120-day installments. Interest will be calculated at the nominal annual rate of 12.00% (12.68 APR).
While the Sanford Rose Associates system makes use of computer technology, the software and databases are used as sophisticated information management tools, not as ends in themselves. As such owners and their employees should have a basic familiarity with Windows based technology but they do not need to be computer experts.
Business Franchise World is not actively submitting franchise applications to Sanford Rose Associates at this time. Please browse our other top franchises, which are currently accepting new franchising opportunity applications.
