Global Recruiters Network franchise unit economics
Global Recruiters Network franchisees run a permanent placement business for full-time employees, usually from a home office, with no territory.
Global Recruiters Network franchise at a glance
Global Recruiters Network’s 2026 FDD, issued 25 April 2026, makes no financial performance representation in Item 19, so it gives no sales or profit figure. A Global Recruiters Network franchise costs $32,600 to $44,700 to open, not including real property, and the brand expects it to run from a private dwelling.
- A Global Recruiters Network franchise pays a royalty on Net Receipts of 10% up to $500,000 of Gross Receipts, 8% to $1,000,000, 6% to $1,500,000 and 4% above, each rate applying to the receipts within its tier.
- A Global Recruiters Network franchise also pays a GRN Bundle Fee of $3,000 a month, $36,000* a year, which the brand may increase by up to 5% each year.
- A Global Recruiters Network franchise pays a $10,000 deposit up front; the other $10,000 of the $20,000 initial fee is due in two $5,000 installments after the first two paid placements, starting 13 months after signing.
- Global Recruiters Network offices went from 187 at the start of 2023 to 159 at the end of 2025, with 25* openings and 53* terminations over the three years.
- A Global Recruiters Network franchise has no exclusive or protected territory, and every office may place candidates and solicit clients anywhere.
These figures come from Global Recruiters Network's 2026 Franchise Disclosure Document, as the brand reported them, and were read by Averan Advisors. $36,000 a year (12 x $3,000 Bundle Fee); 25 openings (12 + 8 + 5) and 53 terminations (19 + 7 + 27) summed from Item 20.
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Talk to Averan → Averan Global Recruiters Network Conversion Package →- Item 19 contains no financial performance representation. The FDD gives no average, median or range of revenue for franchised offices. The franchisor operates no offices of its own.
- The royalty rate falls from 10% to 4% as Gross Receipts rise, and each rate applies only to the receipts within its tier. Receipts are reset to $0 each calendar year. If Net Receipts equal Gross Receipts, the royalty is $50,000* at $500,000, $90,000* at $1,000,000 and $120,000* at $1,500,000.
- The GRN Bundle Fee is $3,000 a month and may rise by up to 5% each year. That is $36,000* a year. It covers the CAPSX Software license, client billing and collections, field support, the office web site, and accounting and tax support from the affiliate YGI. Franchisees on the current agreement pay no advertising fund contribution.
- Half of the $20,000 initial franchise fee is deferred. A $10,000 deposit is paid with the Reservation Letter. The $10,000 balance is due in two $5,000 installments, each five business days after payment from the first and second permanent placements, beginning 13 months after signing.
- Offices fell from 187 to 159 between the start of 2023 and the end of 2025. There were 25* openings and 53* terminations over the three years, 27 of the terminations in 2025. Item 20 records no transfers to new owners in any of the three years.
Revenue disclosure
What the Global Recruiters Network FDD discloses about revenue
| Where | What it says |
|---|---|
| Item 19 | No financial performance representation |
| Item 6, royalty tiers | Gross Receipts thresholds of $500,000, $1,000,000 and $1,500,000 a year set the royalty rate; the FDD does not say how many offices reach them |
| Item 7, additional funds | $700 to $3,600 for the first 3 months, estimated assuming no Gross Receipts in that period |
| Item 5 | The initial franchise fees the franchisor received in 2025 ranged from $20,000 to $50,000 |
Source: Items 5, 6, 7 and 19 of the 2026 FDD.
Item 19 contains no revenue, cost or profit figures. The franchisor states that it makes no representations about future financial performance or the past performance of company-owned or franchised outlets. A buyer of an existing office may be given that office’s actual records.
The franchisor operates no offices of its own. Item 20 shows zero company-owned outlets in each year from 2023 to 2025, so every office in the counts is franchised.
Revenue comes from placement fees that the franchisee sets. The franchisee decides the amount billed to each client. Every invoice is initiated in the CAPSX Software and sent from the franchisor’s headquarters, which collects payment, deducts its fees and sends the balance to the franchisee by ACH, roughly 3 business days after receipt.
Current and former franchisees are listed in the FDD. Exhibit 8 names the franchisees open at the end of 2025 and those who left the system in 2025. Item 20 also states that franchisees have signed confidentiality clauses during the last 3 fiscal years, so some may not be able to speak openly about their experience.
Charges by tier
Charges at each royalty tier
| Gross Receipts in the year | Royalty rate in the tier | Royalty for the year | Effective royalty rate | Bundle Fee for the year | Total brand charges | Share of receipts |
|---|---|---|---|---|---|---|
| $500,000 | 10% | $50,000* | 10.0%* | $36,000* | $86,000* | 17.2%* |
| $1,000,000 | 8% | $90,000* | 9.0%* | $36,000* | $126,000* | 12.6%* |
| $1,500,000 | 6% | $120,000* | 8.0%* | $36,000* | $156,000* | 10.4%* |
| Above $1,500,000 | 4% | – | – | $36,000* | – | – |
Source: Item 6 and Section 5.02 of the Franchise Agreement. Figures marked * are Averan calculations. The tier is set by Gross Receipts and the royalty is charged on Net Receipts (Gross Receipts less splits and other permitted adjustments), so the table assumes no splits. The Bundle Fee is shown at the current $3,000 a month.
Each royalty rate applies only to the Net Receipts within its tier. Item 6 and the Franchise Agreement state that the percentages apply to the receipts between the two tiers set beside each rate. At $1,000,000 of receipts the first $500,000 is charged at 10% and the next $500,000 at 8%, a royalty of $90,000*.
Gross Receipts reset to $0 on January 1 each year. The first year runs from the start of the Initial Training Program to the following December 31, so a franchisee who starts mid-year begins the second calendar year at the 10% rate again.
The Bundle Fee is the same at every level of receipts. At $500,000 it is 7.2%* of receipts and at $1,500,000 it is 2.4%*. Together with the royalty, the brand’s charges fall from 17.2%* of receipts at $500,000 to 10.4%* at $1,500,000.
Placements shared through the GRN Exchange are split. Participation is required. When two offices share a placement the fee is typically split equally, and the franchisor deducts the royalty before sending each office its share. A share paid on to another franchisee is excluded from the paying office’s Gross Receipts.
Brand charges
Brand charges
| Charge | Amount | When |
|---|---|---|
| Continuing royalty | 10% of Net Receipts on Gross Receipts up to $500,000; 8% from $500,000.01 to $1,000,000; 6% from $1,000,000.01 to $1,500,000; 4% above $1,500,000.01 | Deducted from receipts the franchisor collects |
| GRN Bundle Fee | $3,000 a month; may increase by up to 5% each year | Monthly |
| Advertising fund | None under the current agreement | – |
| Subsequent trainee | $2,500 a person | Before training |
| Web site changes | $100 an hour; may increase by up to 5% each year | As requested |
| Transfer | $2,500; none for transfers to family or to an entity formed for ownership | Before the transfer is approved |
| Renewal | Up to $5,000 | On renewal |
| Audit | Cost of the audit, if Net Receipts were understated by 5% or more | On demand |
| Late payment | 5% of the amount owed, plus interest at the lesser of 18% a year or the legal maximum | On demand |
Source: Item 6 and Item 11 of the 2026 FDD. Total brand charges as a share of revenue are not computed here because Item 19 gives no revenue figure to divide by; the tier table shows the charges at set levels of receipts.
The two recurring charges are the tiered royalty and the $3,000 monthly GRN Bundle Fee. The Bundle Fee is $36,000* a year at the current rate. It covers a CAPSX Software license with the GRN Exchange tools, client billing, collections and remittances, field support and coaching, hosting of the office web site, access to the franchisor’s data on companies and candidates, hardware and software support, accounting and tax support from YGI, and registration for the Global Workshop and one regional meeting a year.
The current agreement has no advertising fund contribution and no minimum royalty. Franchisees on earlier forms of agreement pay 0.5% of monthly Net Receipts to the GRN Permanent Placement Brand Fund and may pay a royalty and operation support fee that differ from the current schedule.
Franchisees made payments to the franchisor’s affiliates in 2025. BBDP received $884,731 from franchisees for computer support, YGI received $205,216 for accounting-related services and Quantum Leap received $20,700 for 401k-related services. The franchisor estimates annual software and hardware maintenance at $0 to $450.
Cost to open
Cost to open
| Item | Low | High |
|---|---|---|
| Deposit, credited to the initial franchise fee | $10,000 | $10,000 |
| Initial franchise fee less deposit, paid after the first two placements | $10,000 | $10,000 |
| GRN Bundle Fee, 3 months | $9,000 | $9,000 |
| Quantum Leap incorporation and 401k services (optional) | $0 | $5,200 |
| Additional funds, 3 months | $700 | $3,600 |
| Insurance | $1,000 | $2,400 |
| Legal, accounting and miscellaneous | $1,000 | $2,000 |
| Travel and expenses for training | $500 | $1,500 |
| Office supplies | $200 | $500 |
| Permits and licenses | $200 | $500 |
| Total | $32,600 | $44,700 |
Source: Item 7 of the 2026 FDD. The franchisor provides certain computer hardware and software at no charge before opening.
The Item 7 estimate is $32,600 to $44,700, not including real property. The franchisor expects the office to be in a private dwelling and does not require commercial space. A franchisee who leases commercial space instead may also pay a lease security deposit, which the FDD estimates at $0 to $2,000.
The $10,000 balance of the initial fee is deferred under an interest-free promissory note. The first $5,000 is due five business days after payment from the first permanent placement and the second $5,000 after the second, beginning 13 months after the Franchise Agreement is signed. Without that balance the Item 7 total is $22,600 to $34,700*.
The $10,000 deposit is not refunded if no Franchise Agreement is signed. It is paid with the Reservation Letter, which holds a place in a training session until the Execution Date, and it is credited to the initial fee if the franchise is granted.
The franchisor estimates 30 to 60 days from signing to opening. The office must open within 30 days after the later of completing the Initial Training Program or obtaining any required licenses. Some states require a license to run a permanent placement business.
Locations
Locations, 2023 to 2025
| Year | Start | Opened | Terminated | Ceased, other | End | Transfers | Termination rate |
|---|---|---|---|---|---|---|---|
| 2023 | 187 | 12 | 19 | 0 | 180 | 0 | 10.2%* |
| 2024 | 180 | 8 + 3 relocated in | 7 | 3 relocated out | 181 | 0 | 3.9%* |
| 2025 | 181 | 5 | 27 | 0 | 159 | 0 | 14.9%* |
| 2023–2025 | 187 | 25* + 3 relocated in | 53* | 3 relocated out | 159 | 0 | – |
Source: Item 20 of the 2026 FDD. The franchisor operated no offices of its own in any year. Termination rate is terminations divided by offices at the start of the year, an Averan calculation. There were no non-renewals or reacquisitions in any year.
The number of offices fell from 187 to 159 over three years, a fall of 28*, or 15.0%*. Terminations were 53* and openings 25*. The largest single-year change was 2025, with 27 terminations and 5 openings.
Item 20 records no transfers to new owners in 2023, 2024 or 2025. The three 2024 entries in the ceased, other column and three of the 2024 openings are franchisees who moved their offices from one state to another.
At the end of 2025 there were 158 offices in the United States and 1 in Canada. The states with the most offices were Texas with 23, Florida with 15, Illinois with 13 and Indiana with 10. No franchise agreements were signed but not yet opened at the end of 2025, and the franchisor projects 5 new franchised offices in 2026.
The franchise has no territory. Item 12 states that the franchisee receives no minimum exclusive or protected territory or other territorial rights. Every office may solicit clients and candidates, make placements and advertise anywhere, and the franchisor may compete through any channel without compensation. The term is 10 years, renewable for terms of at least 10 years each.
Questions we get asked
Questions owners ask
How much does it cost to open a Global Recruiters Network franchise?
The 2026 FDD estimates $32,600 to $44,700, not including real property. That includes the $20,000 initial franchise fee, three months of the GRN Bundle Fee at $9,000 and additional funds of $700 to $3,600. Half of the initial fee is deferred until after the first two paid placements, beginning 13 months after signing.
What fees does a Global Recruiters Network franchisee pay?
A royalty on Net Receipts of 10% up to $500,000 of Gross Receipts, 8% to $1,000,000, 6% to $1,500,000 and 4% above, with each rate applying to the receipts within its tier. There is also a GRN Bundle Fee of $3,000 a month, which may rise by up to 5% each year. The current agreement has no advertising fund contribution.
How much revenue does a Global Recruiters Network franchise make?
The FDD does not say. Item 19 contains no financial performance representation, so there is no average, median or range of revenue for any office. The franchisee sets the fee billed for each placement.
How many Global Recruiters Network offices are there?
At the end of 2025 there were 159 franchised offices, 158 in the United States and 1 in Canada. There were 187 at the start of 2023. The franchisor operates none itself.
Does a Global Recruiters Network franchise come with a territory?
No. Item 12 states there is no minimum exclusive or protected territory and no other territorial rights. Every office may place candidates and solicit clients anywhere.
How long does it take to open a Global Recruiters Network franchise?
The franchisor estimates 30 to 60 days after the Franchise Agreement is signed, and 60 to 90 days after the Reservation Letter is signed. The office must open within 30 days of finishing training or obtaining any required licenses, whichever is later.
Questions worth putting to Global Recruiters Network
These are questions the filing leaves open. An owner or a buyer can put them to the franchisor directly.
- Is the revenue in Item 19 gross sales or collected revenue, and how many locations sit below the average?
- Which factors does Global Recruiters Network see in its highest-selling locations, such as territory, years open and staffing?
- How long does a new location take to reach the average you publish, and what does the build-up look like month by month?
- At what level of sales do the minimum charges stop applying and the percentage take over?
- How many Global Recruiters Network locations closed, were sold, or changed hands last year, and why?
Run your own numbers.
The Franchise Numbers Check runs the same checks on your own numbers. It scores where you stand and compares you with Item 19 of your brand’s FDD. It works out what one location earns and spends, and builds a 13-week cash forecast. It also checks whether you are ready to open another one. It is free and it runs in your browser.
Launch the diagnostic →Reporting for a Global Recruiters Network owner
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Questions owners ask next
The figures above raise these, and each one is answered on its own page.
- At what level of sales does a minimum fee stop costing me more than the percentage?It works out the sales level where a minimum fee stops applying.
- How much cash do I fund before a new location covers its own costs?It builds a 13-week forecast for the months before break-even.
- What does this location earn on the money I put into it?It works out the payback period and cash-on-cash return for one unit.
- How much of Item 19 can I rely on?It explains what an Item 19 financial performance representation tells you and what it leaves out.
Where these figures come from
Every figure here comes from Global Recruiters Network, Inc.’s 2026 FDD and is unaudited by us. We are unaffiliated with the brand. Calculations of our own are labeled where they appear. The figures describe past performance at other businesses and are not a projection of yours. This page is an educational summary. It is not an offer to sell a franchise, and it is not financial, legal or tax advice. Global Recruiters Network is a trademark of its owner. How Averan reads a Franchise Disclosure Document.
These figures come from the brand's disclosure. They are not a forecast, an offer to sell a franchise or advice. Source: Global Recruiters Network, Inc., 2026 Franchise Disclosure Document, issued 25 April 2026.