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.
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
10% royalty + 5% billing services + 2% brand fund + 7% P&A database + $350/mo technology fee (up to $500/mo); $125/mo per recruiter
Franchise Stats
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 to Other Business Services Franchises
Key Insights
- Lower than average SBA loan default rate in Business Services
| Franchise | Investment Range | Franchise 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 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 (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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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190 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
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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)
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 Patrice & Associates franchise?
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.
How much revenue does a Patrice & Associates franchise make?
According to the 2025 FDD, the average gross revenue for a Patrice & Associates franchise is $18,976.29. The median revenue is $2,800.
How many Patrice & Associates franchise locations are there?
As of the 2025 FDD, Patrice & Associates has 189 franchise locations. The company has been franchising since 2008.
Can you get an SBA loan for a Patrice & Associates franchise?
Yes, SBA loans are available for Patrice & Associates franchises. Historical data shows 96 SBA 7(a) loans have been approved for Patrice & Associates franchisees, with an average loan amount of $130,054. The historical default rate is 14.6%.
Is Patrice & Associates a good franchise to buy?
Patrice & Associates shows several positive indicators: established brand with 189+ locations, transparent financial performance data (Item 19). 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 Patrice & Associates?
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