GigWorx Franchise FDD, Profits & Costs (2025)
GigWorx is a staffing franchise established in 2023 in Bozeman, Montana, by entrepreneur Matt Alvarez. The brand was launched to help businesses overcome staffing challenges in fields such as healthcare, hospitality, construction, and other industries facing workforce shortages.
Headquartered in Bozeman, GigWorx began franchising in 2023 and quickly expanded, with its first franchise opening in South Bend, Indiana. Since then, the company has grown to include several franchised locations across the United States.
What makes GigWorx unique is its blend of gig-economy flexibility and the reliability of traditional staffing. Its app-first model and dedication to both workers and businesses position it as an innovative alternative to conventional staffing solutions.
Initial Investment
How much does it cost to start a GigWorx franchise? It costs on average between $110,000 – $151,000 to start a GigWorx franchised facility.
This includes expenses such as office setup, technology, training, and initial working capital. The total investment varies based on factors like the size of the territory, local market conditions, and whether the franchisee chooses to lease or purchase office space.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee for Single Territory | $47,500 |
| Leasehold Improvements | $0 – $10,000 |
| Lease Deposit | $0 – $5,000 |
| Rent (3 Months) | $0 – $15,000 |
| Equipment, Fixtures, Supplies and Signage | $2,500 – $5,000 |
| Insurance and Utility Deposits | $3,000 – $6,000 |
| Required Computer System | $3,000 – $4,000 |
| Miscellaneous Pre-opening Expenses | $7,500 – $10,000 |
| Professional Fees | $1,500 – $3,500 |
| Additional Funds – 3 months | $45,000 |
| TOTAL | $110,000 – $151,000 |
Average Revenue (AUV)
How much revenue can you make with a GigWorx franchise? A GigWorx franchised business makes on average $614,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
Download the Franchise Disclosure Document
Frequently Asked Questions
How many GigWorx locations are there?
As of the latest data, there are 4 GigWorx locations, all of which are franchise-owned.
What is the total investment required to open a GigWorx franchise?
The total investment required to open a GigWorx franchise ranges from $110,000 to $151,000.
What are the ongoing fees for a GigWorx franchise?
GigWorx franchisees are required to pay a royalty fee equal to 37% of their gross margin, which averages to about 8% of revenue. In addition, franchisees contribute a marketing and advertising fee of 1% of monthly sales.
How much can a GigWorx franchise owner expect to earn?
The average gross sales for a GigWorx franchise are approximately $0.61 million per location. Assuming a 15% operating profit margin, $0.61 million yearly revenue can result in $92,000 EBITDA annually.
Who owns GigWorx?
GigWorx is owned by its founder and CEO, Matt Alvarez.
Disclaimer
Disclaimer: This content has been made for informational and educational purposes only. SharpSheets is an independent educational resource and is not affiliated with, endorsed by, or representing any franchisor mentioned on this website. Where noted, figures are taken from the franchisor’s Franchise Disclosure Document (FDD). In some cases, we may provide independent calculations or estimates based on publicly available information. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.
All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.
