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GRN GLOBAL RECRUITERS

GRN GLOBAL RECRUITERS

Global Recruiters Network (GRN) franchises enable operators to run permanent placement service businesses that specialize in recruiting and placing full-time employees for client companies across various industries. Franchisees operate one or more offices under the GRN brand, leveraging proprietary software like CAPSX and support services from affiliates. The business model involves franchising these recruiting operations, targeting businesses seeking permanent talent and professionals pursuing full-time positions.

180locations
$57K–$77K
Since 2002
ServicesChicago, ILRFB Holdings, Inc.www.grncorp.netDisclaimer

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Franchise Costs

Franchise Fee
$50,000
Initial Investment
$56,650 – $77,250
Royalty Rate
10.00%
Brand Fund
0.00%
Fixed Monthly Fees
$1,250 – $1,750

10% royalty (tiered down to 4% based on volume) + $1,250/mo operation support + $500/mo staffing (if applicable)

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

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GRN GLOBAL RECRUITERS Franchise Analysis

What if low startup costs masked deeper challenges in a mature recruiting franchise? GRN Global Recruiters, franchising since 2002, presents an intriguing service-based opportunity in permanent placement staffing, but recent FDD data hints at uneven momentum with notable terminations and a lack of Item 19 financial disclosures. Can this Chicago-headquartered network deliver steady growth, or is the contraction a warning sign worth heeding?

Item 7 lays out the initial investment at $56,650 to $77,250, covering the $50,000 franchise fee plus minimal buildout for an office-based model relying on GRN's CAPSX software and affiliate support. Ongoing fees hit hard: 10% royalty that tiers down to 4% on higher volume, plus fixed $1,250 monthly operations support and optional $500 staffing fee. Without Item 19 earnings claims, prospective owners lack validated revenue or profit benchmarks, forcing reliance on personal networking skills in a competitive recruiting landscape—potentially lucrative for experienced pros but opaque for newcomers.

System health shows 180 locations after a 4% drop from 185 in 2022 to 178 in 2023, with 19 terminations signaling possible operator struggles amid economic shifts in hiring. Projected 15 new units offers optimism, yet the absence of Item 19 amplifies risks, as buyers can't benchmark average unit performance. For deal-savvy recruiters eyeing under-$80K entry, GRN's model stands out for scalability via multiple offices, but the contraction and high terminations demand scrutiny of local market fit before committing.

Analysis based on the 2024 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How GRN GLOBAL RECRUITERS Compares

FranchiseInvestmentFeeRoyaltyLocations
GRN GLOBAL RECRUITERS
Current
$57K – $77K$50K10.0%180
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
RE/MAX$37K – $337K$35K1.0%2,994
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
Business Services Average
198 franchises
$121K – $289K$47K10.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 198 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1TX
27
2FL
17
3IL
14
4IN
11
5SC
10
6WI
9
7GA
7
8MI
7
9CO
7
10OH
7
11NC
5
12CA
5
13KS
5
14MA
5
15TN
5

+24 more states

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Franchisee Contacts

192 franchisee contacts on file from official FDD filings.

192 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
19
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
15

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Frequently Asked Questions

The total initial investment to open a GRN GLOBAL RECRUITERS franchise ranges from $56,650 to $77,250. This includes a franchise fee of $50,000. Ongoing royalty fees are 10.0% of gross sales.