Frequently Asked Questions
The Express franchising model offers exclusive territories with protected boundaries. The typical territory offers substantial growth opportunities. The average mature Express franchise generates annual sales of over $6 million. Without any corporate-owned locations, our support stays focused on our franchisees. To learn more about the Express ownership model complete this brief form, to gain access to our online discovery process.
That’s a great question! While franchisors are not allowed to share this information directly, you can discuss this subject with current owners during our education process. We can share that the average owner in Express generated more than $1,027,787 in first year sales while the average office open greater than 60 months generated over $6 million in annual sales.
The ownership exploration process can take as little as a few weeks to a couple of months. After being awarded your Express franchise, you’ll begin the process of leasing office space and preparing to attend training. Training may be offered virtually depending upon local factors. Typically, Express franchise owners are open in just approximately four months.
There are three components of the overall investment with most franchise systems. First, as detailed in Item 7 of the 2020 FDD, the initial franchise fee is $40,000. There are no renewal fees, training fees or other hidden fees with Express. Second, Owners will need an additional estimated $44,000 to $58,200 for startup costs (including but not limited to rent, furniture, office equipment and computers). Lastly, owners will need additional working capital to support on-going expenses, such as payroll and utilities, insurance, lease, licenses, supplies, and miscellaneous expenses. New businesses often generate a negative cashflow. We estimate the working capital needed to be approximately $66,000 – $75,800. This puts the total initial investment needed at $150,000 to $174,000 for a traditional office. Beyond this, we also suggest that suggest that owners have one year of living expenses covered by spousal income, savings or other means.
Express appreciates the service of our veterans, and we offer 50% off our franchise fee.
As with all seasons in business, Express does have existing franchises available for resale. Explore ownership of one of our existing Express franchises.
Express does have a program for staffing owners to convert their business to an Express franchise. Complete this form to see if this is an option in your location.
If you have staffing experience, we have unique ownership programs to build on your success.
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