Patrice & Associates

Patrice & Associates

Patrice & Associates franchises operate recruiting businesses specializing in providing management candidates to the retail, restaurant, hospitality industries, as well as other sectors. Franchisees access a proprietary database of candidates and positions, receive training, tools, and support from the franchisor, and earn a share of placement fees after the franchisor collects fees from clients and deducts royalties. The target market includes businesses in restaurant, hospitality, hotel, casino, and retail seeking executive-level hires, along with qualified candidates in those fields.

189
Locations
$105K–$121K
Investment
Since 2008
Franchising
ServicesScottsdale, AZPatrice Holdings, LLCwww.patriceandassociates.comDisclaimer

Franchise Costs


Franchise Fee
$65,000
Item 5 of FDD
Initial Investment Range
$105,100 $121,050
Low: $105,100High: $121,050
Item 7 of FDD
Royalty Rate
10.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$350 – $500
Item 6 of FDD

10% royalty + 5% billing services + 2% brand fund + 7% P&A database + $350/mo technology fee (up to $500/mo); $125/mo per recruiter

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0

Data Based On: Financial performance data is based on 189 Franchised Outlets identified as Qualifying Gross Revenue Outlets that were open as of December 31, 2024, and reported gross sales during the Measuring Period.

* Average gross revenue, median gross revenue, revenue top quartile, and revenue bottom quartile are directly extracted from the '2024 GROSS SALES: QUALIFYING GROSS REVENUE OUTLETS' table, which presents an overall average and segmented averages for 189 Qualifying Gross Revenue Outlets.

Extracted Item 19 Section

How Patrice & Associates Compares


Key Insights

  • Lower than average SBA loan default rate in Business Services
FranchiseInvestmentFeeRoyaltyLocations
Patrice & Associates
Current
$105K – $121K$65K10.0%189
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
SERVPRO (UNIT)$259K – $380K$100K10.0%2,286
Business Services Average
188 franchises
$118K – $284K$46K10.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
18
2FL
15
3VA
15
4NY
12
5NC
12
6GA
8
7CA
7
8CT
7
9MA
6
10CO
6
11IL
5
12NV
5
13SC
5
14NJ
4
15MI
4

+28 more states

SBA Loan History


Historical SBA 7(a) loan data for Patrice & Associates franchisees (20142025)

Total Loans
96
Average Loan
$130,054
Total Volume
$12.5M
Default Rate
14.6%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


190 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

190 Contacts Available

Unlock all Patrice & Associates franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases4

Primarily franchisee claims of fraudulent inducement, negligent misrepresentation, violations of state franchise laws (Minnesota, New York, California), and breach of contract; franchisor counterclaims for breaches, terminations, and interference involving franchisees, regional developers, and area representatives.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
21
Non-Renewals
6
Reacquired
0
Ceased Ops
0
Transfers
2
Sold to Franchisees
0
Projected New
0

Frequently Asked Questions


The total initial investment to open a Patrice & Associates franchise ranges from $105,100 to $121,050. This includes a franchise fee of $65,000. Ongoing royalty fees are 10.0% of gross sales.

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Also includes FDDs for

THE UPS STORE (TRADITIONAL)
THE UPS STORE (TRADITIONAL)
AMERIPRISE FINANCIAL SERVICES LLC
AMERIPRISE FINANCIAL SERVICES LLC
JACKSON HEWITT TAX SERVICE
JACKSON HEWITT TAX SERVICE
SERVPRO (UNIT)
SERVPRO (UNIT)
H&R BLOCK
H&R BLOCK
+1,700 more