HireQuest Franchise FDD, Profits & Costs (2025)
HireQuest Inc. is a leading staffing franchisor in the U.S. The company specializes in temporary workforce solutions and professional recruiting services. It was founded in 1991 when Rick Hermanns and Dan McAnnar became franchise business owners in the staffing industry.
HireQuest has grown significantly over the years. In 2002, HireQuest LLC was established to manage its expanding network. The company is headquartered in Goose Creek, South Carolina.
HireQuest began franchising in 1998. It introduced the Trojan Labor and Acrux brands to serve the light industrial and skilled labor markets. The company provides staffing solutions across multiple industries, including construction, healthcare, hospitality, CDL/non-CDL driving, and disaster restoration.
Through its brands—HireQuest Direct, Snelling, TradeCorp, MRINetwork, HireQuest Health, and DriverQuest—it offers temporary and direct-hire staffing. This ensures businesses have access to skilled professionals tailored to their needs.
Initial Investment
How much does it cost to start a HireQuest franchise? It costs on average between $45,000 – $146,000 to start a HireQuest franchised facility.
This includes costs for office setup, staffing software, licensing, and initial operating expenses. The exact amount depends on various factors, including the type of staffing services offered, the location, and whether the franchisee chooses to lease or purchase the office space.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $2,500 to $25,000 |
Real Property | $800 to $2,250 |
Leasehold Improvements, Furniture, Fixtures | $2,000 to $15,000 |
Equipment | $3,000 to $5,000 |
Opening Advertising | $2,500 to $5,000 |
Training Expenses | $1,500 to $2,500 |
Start-up Supplies | $200 to $1,000 |
Insurance | $1,000 to $5,000 |
Utility Deposits | $200 to $3,000 |
Professional Fees | $300 to $4,000 |
Business License | $150 to $2,000 |
Additional Funds (12 months) | $30,000 to $75,000 |
Software | $1,000 |
TOTAL | $45,150 to $145,750 |
Competitors
Below are a few HireQuest competitors as a comparison:
HireQuest Franchise Disclosure Document
Frequently Asked Questions
How many HireQuest locations are there?
As of the latest data, HireQuest Inc. operates a total of 84 locations, all of which are franchise-owned. The company follows a 100% franchise model.
What is the total investment required to open a HireQuest franchise?
The total investment required to open a HireQuest franchise ranges from $45,000 to $146,000.
What are the ongoing fees for a HireQuest franchise?
HireQuest franchisees pay a royalty fee based on sales performance. For HireQuest Direct, the fee ranges from 6% to 8% of gross temporary labor sales, with higher sales volumes reducing the percentage.
For the HireQuest brand, franchisees pay 4.5% of payroll funded by the franchisor plus 18% of the gross margin. There are no specified marketing or advertising fees, but prospective franchisees should review the latest Franchise Disclosure Document for details.
Who owns HireQuest?
HireQuest franchise is owned by HireQuest Inc., a publicly traded company listed on Nasdaq under the ticker symbol HQI.
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