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.
Franchise Costs
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
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Patrice & Associates Current | $105K – $121K | $65K | 10.0% | 189 |
| 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 188 franchises | $118K – $284K | $46K | 10.4% | – |
* 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
+28 more states
SBA Loan History
Historical SBA 7(a) loan data for Patrice & Associates franchisees (2014 – 2025)
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.
| Name | SBA 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)
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)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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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