NEXTAFF
NEXTAFF franchises provide staffing services, specializing in recruiting, screening, and placing quality talent for businesses through Traditional, Virtual, or Conversion franchise models. Franchisees operate staffing offices where the franchisor handles payroll processing, taxes, unemployment insurance, and workers' compensation via a centralized Payroll Services Program, allowing franchisees to focus on sales and client development. The target market includes companies across industries seeking temporary or permanent staffing solutions.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Ongoing royalties, brand fund, and fixed monthly fees detailed in Item 6 (not provided in excerpt).
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 17 Traditional Units (16 franchisee-owned, 1 company-owned) open and operating during the entire 12-month period ending December 31, 2023
* Weighted average for gross revenue from quartile data was calculated as (4 * $5,200,031.59 + 4 * $3,094,575.52 + 4 * $1,789,907.68 + 5 * $717,604.96) / 17 = $2,583,887.29, which closely matches the stated overall average of $2,583,887. The document defines and provides 'Gross Profit $' (Gross Revenue minus Direct Payroll Costs), but this is not equivalent to 'Net Profit' as defined in the rules (Gross profit - all operating expenses before taxes/interest), nor are Net Income or EBITDA provided. Therefore, these profit-related fields are set to null. The expense proformas are for initial setup and not representative of ongoing annual operating costs for the units in the performance sample; thus, they were not used for profit range estimation.
Extracted Item 19 Section
How NEXTAFF Compares to Other Business Services Franchises
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
NEXTAFF Current | $127K - $162K | $49K | N/A | 31 |
| Bimbo Foods Bakeries Distribution, LLC | $14K - $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K - $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K - $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K - $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K - $380K | $100K | 10.0% | 2,286 |
Business Services Average 187 franchises | $118K - $285K | $46K | 10.4% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 187 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
+10 more states
SBA Loan History
Historical SBA 7(a) loan data for NEXTAFF franchisees (2016 - 2016)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a NEXTAFF franchise?
The total initial investment to open a NEXTAFF franchise ranges from $126,700 to $161,700. This includes a franchise fee of $49,000.
How much revenue does a NEXTAFF franchise make?
According to the 2024 FDD, the average gross revenue for a NEXTAFF franchise is $2,583,887. The median revenue is $2,293,699.
How many NEXTAFF franchise locations are there?
As of the 2024 FDD, NEXTAFF has 31 franchise locations.
Can you get an SBA loan for a NEXTAFF franchise?
Yes, SBA loans are available for NEXTAFF franchises. Historical data shows 1 SBA 7(a) loans have been approved for NEXTAFF franchisees, with an average loan amount of $61,800. The historical default rate is 0.0%.
Is NEXTAFF a good franchise to buy?
NEXTAFF shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in NEXTAFF?
Talk to a franchise advisor to get personalized guidance and learn if NEXTAFF is the right fit for you.
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