Patrice & Associates Franchise — Costs & How to Buy
- Initial investment
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- Franchise fee
- —
- Royalty
- —
- Units open
- —
- Liquid capital
- $75+
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Overview
Patrice & Associates is a leading recruiting and staffing franchise specializing in the restaurant, hospitality, and food service industries, with services extending to other sectors. They focus on placing managerial level and above candidates, including c-suite and executive searches. The company provides a platform for individuals to own and operate a recruitment business, leveraging their established brand, proven system, and extensive candidate/client networks.
Key differentiators
["Specialization in the 'core niche' of hospitality, restaurant, and food service, focusing on managerial and executive placements.","Extensive network with 'hundreds of job requests' and 'hundreds of thousands of vetted candidates' available to franchisees from day one.","Proven, time-tested system for success coupled with the 'most extensive training and support' and ongoing mentorship.","Collaborative franchise owner culture, allowing franchisees to work together and share job requests, effectively creating a nationwide team.","Low overhead model with a 'shorter path to cash flow' compared to many other franchises."]
Training & support
Patrice & Associates offers the 'most extensive training and support in the industry.' This includes ongoing guidance from mentors for as long as needed. Franchisees also benefit from a collaborative culture among franchise owners, allowing them to get assistance and work together to fill job requests.
Ideal candidate
The primary target market for Patrice & Associates' services is businesses, particularly in the restaurant, hospitality, and food service industries, that are seeking managerial, c-suite, and executive-level talent. Companies experiencing labor challenges and a high demand for skilled workers in these sectors are ideal clients. The geographic target market is coast-to-coast across North America.
Available territories
Prime territories are available, and franchisees have the ability to have a national presence. They operate coast-to-coast across North America.
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Patrice & Associates franchise — frequently asked questions
How much does it cost to open a Patrice & Associates franchise?+
Total initial investment for a Patrice & Associates franchise typically ranges from $0 to $0, including the franchise fee, build-out, equipment, initial inventory, and working capital for the first three months of operations.
What ongoing fees does Patrice & Associates charge?+
Franchisees pay an ongoing royalty calculated as a percentage of gross revenue, plus a brand development fund contribution. Specific percentages and minimums are disclosed in Item 6 of the Franchise Disclosure Document.
Do I need industry experience to own a Patrice & Associates franchise?+
No prior industry experience is required. Patrice & Associates provides initial training, an operations manual, and ongoing field support. Successful candidates typically bring management experience, leadership skills, and a willingness to follow the system.
How long does it take to open a Patrice & Associates location?+
From signed franchise agreement to grand opening, most Patrice & Associates franchisees open within 6 to 12 months. Timeline depends on real estate selection, permitting, build-out, and training completion.
Is financing available for Patrice & Associates franchisees?+
Patrice & Associates is registered with the SBA Franchise Directory, which streamlines SBA 7(a) loan approval. Most franchisees finance 60–80% of the initial investment through a combination of SBA loans, equipment financing, and personal capital.