HireQuest

HireQuest

Information based on 2023 FDD

Business Services · Staffing

Investment min
$45K
Total: $45K–$146K
Avg gross revenue
$563K
Unit-level, 2023
Franchise fee
$3K–$25K
Per current disclosure
Royalty
6% - 7%
Locations
84
Franchising since 2003

Description

What is HireQuest?

HireQuest stands as a leading staffing and workforce solutions franchise that has been transforming the employment landscape since 1998. With a robust network of locations across the United States, HireQuest has established itself as a trusted partner for both businesses seeking reliable staffing solutions and job seekers looking for meaningful employment opportunities.

The franchise specializes in connecting qualified workers with businesses across various industries, offering both temporary and permanent staffing solutions. What sets HireQuest apart is their innovative daily pay model, which provides workers immediate access to their earnings, addressing a crucial need in today's workforce. Their comprehensive service approach includes thorough candidate screening, skill matching, and ongoing support to ensure successful placements.

HireQuest franchisees benefit from a proven business model that combines traditional staffing services with modern workforce management technologies. The brand has earned a strong reputation for its commitment to both client satisfaction and worker success, as evidenced by numerous positive testimonials from both employers and employees.

The franchise's success is built on its ability to adapt to changing workforce needs while maintaining high standards of service quality. HireQuest locations are known for their professional, yet approachable atmosphere, where both clients and job seekers receive personalized attention and support. Their commitment to building strong community relationships and helping local businesses thrive makes HireQuest an attractive opportunity for entrepreneurs who want to make a meaningful impact in their communities while building a successful business.
  • 26 years operational experience since 1998
  • Part of HireQuest corporate family with 450+ offices globally
  • 84 active franchise units nationwide
  • Multi-industry specialization in day labor and skilled trades
  • Proven franchise system with measured growth
  • Lower entry investment than sub-sector average

Location Analysis

Where HireQuest wins

HireQuest demonstrates a strategic southeastern U.S. concentration with widespread coverage across multiple states. The franchise shows particularly strong presence throughout Florida, Georgia, South Carolina, Texas, and North Carolina, establishing a robust footprint in high-growth labor markets. This southeastern focus capitalizes on the region's dynamic business environment and growing workforce demands.

The franchise's moderate customer rating across numerous reviews suggests consistent service delivery, though there's room for improvement in customer satisfaction. The significant concentration in southeastern states indicates successful market penetration in areas with strong construction, manufacturing, and service sector growth.

Key expansion opportunities exist in the Northeast and Midwest, where current presence is limited. Successful HireQuest locations typically operate in metropolitan areas with diverse industrial bases, strong temporary workforce demand, and proximity to multiple business districts. Ideal locations feature accessibility to major transportation routes and are situated in areas with high business density.

For prospective franchisees, optimal locations should target areas with: robust construction and manufacturing sectors, growing business services demand, and limited staffing agency competition. Markets with seasonal workforce fluctuations and expanding industrial parks present particularly attractive opportunities.
Total US locations
84
Franchise units
84
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind HireQuest

Avg gross revenue$563,076
Investment range$45,150 – $145,750
Investment midpoint$95,450
Brand fund1%
Royalty6% - 7%
Franchise fee$2,500–$25,000
Min. net worth
Min. liquid capital
HireQuest Direct operates in the staffing sector with an investment range of $45,150-$145,750, positioning it as an entry-level to mid-tier franchise opportunity compared to industry standards. The investment sits below the sub-sector average minimum of $89,692, making it accessible to emerging entrepreneurs seeking business ownership in the growing staffing industry.

The staffing sector benefits from strong market fundamentals driven by businesses' increasing reliance on flexible workforce solutions and economic uncertainty creating demand for temporary labor. HireQuest's specialization in day labor, skilled trades, and specialized services like traffic control positions it well within construction, hospitality, and government contract markets.

Established in 1998 with 84 active units, the system demonstrates operational maturity and measured growth over 26 years. The franchise operates as part of HireQuest's broader corporate network, which includes 450+ offices globally across multiple staffing brands including Snelling and MRINetwork, providing infrastructure support and brand recognition.

The reported gross revenue of $563,076 falls below the sub-sector average of $1,172,006, though this may reflect the system's focus on day labor versus higher-margin professional staffing. The business model requires strong local market knowledge, relationship building with contractors and businesses, and effective workforce management capabilities.

Ideal investors should possess sufficient working capital for payroll funding, strong communication skills, and understanding of local labor markets. The franchise offers potential for market expansion given the essential nature of staffing services across multiple industries.
Did you know? Starting a HireQuest staffing franchise, which connects businesses with temporary and permanent workers across industries like warehousing, manufacturing, and hospitality, requires a total investment between $45,150 and $145,750 depending on your market size and location, making it one of the more accessible franchise opportunities in the growing $140+ billion staffing industry.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$45K–$146K
Most common
$45,150
Minimum
$95,450
Midpoint
$145,750
Maximum

Per FDD Item 7, total initial investment ranges from $45,150 to $145,750. The midpoint $95,450 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$800K$640K$480K$320K$160KN/A
$563K
2021
2022
2023
Avg
$188K
YOY change (2022 -> 2023)

According to Item 19 of the Franchise Disclosure Document, HireQuest has an average gross revenue of $563K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+6% YoY
100806040200
2020
2021
2022
2023
84 units open as of 2023 FDD+5 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for HireQuest's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a HireQuest franchise typically ranges between $45,150.00 and $145,750.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

HireQuest
HireQuest
$563K avg revenue · 84+ US franchises

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