Franchise Express Employment Professionals

Franchise Fee:  $40,000
Royalty: Equivalent to 8.6% of sales
Total Investment: $140,000 – $220,000
Can Be Home Based:  No
Founded:  1983
Franchised:  1985
VetFran Member:  Yes
Service Areas: Florida, Texas, North and South Carolina, Georgia, Louisiana, Alabama, Arizona
Ownership Model: Owner/Operator, Semi-Absentee/GM or Absentee/ Investor, SBA Approved, Vet Fran Discount, Franchise Fees – under 70k, 3rd Party Financing, Franchises operating, total investment range. E2 Visa approved.

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Express Employment Professionals Form

Express franchise offices provide a full range of business-to-business staffing and HR services. The franchise includes all three service lines in one agreement: temporary/contract staffing, professional search/direct hire, and HR services. The average mature Express territory generated sales in excess of $6.46 million annually in 2017.First year operators averaged more than $1 million in revenue in their initial 12 months of operation and realize cash flow break even between around month 7 of operation. Item 19 is very comprehensive and demonstrates incredible ROI. Express offers new franchise owners the unique chance to earn money by helping people grow their careers and businesses while impacting the local community. Office typically operate 8 to 5, Monday to Friday. Owners must be active in the business, but also enjoy a lot of flexibility. In a few years, they can hire a management team to help with day to day operations.

What is EBITDA?

EBITDA is an acronym that stands for: “Earnings Before Interest, Taxes, Depreciation, and Amortization.” In many instances, EBITDA serves as a measure of profits and financial performance for a business. It is sometimes a good replacement for net income.

Breaking EBITDA Down

Now, to truly understand EBITDA, you have to break it down entirely. Thankfully, the acronym makes this pretty easy. Let’s take a look:

Earnings: Money earned by the company
Before: This one is self-explanatory
Taxes: The money paid to the government by a company based on its tax rate
Depreciation: Decreases in the value of a company’s capital assets
Amortization: The cost of an intangible asset, spread out over time

EBITDA is a Heavily Used Comparison Too
When it comes to comparing businesses in a specific industry, many financial experts use EBITDA. It’s a commonly used profitability metric that allows financial experts to determine profitability among companies.Using EBITDA has become common for measuring core profit trends. Why? Because of the way it eliminates extraneous factors. It’s also useful for finding more accurate comparisons between companies in similar industries.Additionally, EBITDA works well as a starting point to estimate cash flow. This allows business owners and experts to determine a company’s ability to pay off long-term debts.