HireQuest Direct franchise
2022 filing · April 25, 2022
HireQuest Direct at a glance
A day-labor staffing office supplying mostly unskilled industrial and construction workers. At the end of 2021 there were 79 HireQuest Direct locations in the US, all franchised.
The business
- Franchisor
- HQ Franchising Corporation
- The company that sells the franchises
- Franchisor based in
- Goose Creek, South Carolina
What you pay
- Cost to open
- $45K–$146K
- Fee, build-out and opening working capital
- Franchise fee
- $3K–$25K
- Set by the territory's size and expected growth
- Royalty
- 6%–8%
- 6% to 8% of sales depending on volume, taken weekly from gross margin
- Agreement length
- 5 years
- Territory
- Protected
- Protected territory
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2021
- 79
- Franchised and company-owned
- Franchised
- 79
- Company-owned
- 0
From HQ Franchising Corporation’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
HireQuest Direct among all franchises with the same figure.
| Figure | HireQuest Direct | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $95,450 | Costs less than 88% of franchises |
| Franchise feePaid once, when you sign | $2,500 | Lower than 98% of franchises |
| US locationsFranchised and company-owned | 79 | More than 72% of franchises |
How much a HireQuest Direct franchise costs
Opening one HireQuest Direct costs an estimated $45,150 to $145,750. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $50K.
The biggest costs are additional funds (12 months) ($30,000 to $75,000) and initial franchise fee ($2,500 to $25,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $2,500 | $25,000 | |
| Real Property | $800 | $2,250 | |
| Leasehold Improvements, Furniture, Fixtures | $2,000 | $15,000 | |
| Equipment | $3,000 | $5,000 | |
| Opening Advertising | $2,500 | $5,000 | |
| Training Expenses | $1,500 | $2,500 | |
| Start-up Supplies | $200 | $1,000 | |
| Insurance | $1,000 | $5,000 | |
| Utility Deposits | $200 | $3,000 | |
| Professional Fees | $300 | $4,000 | |
| Business License | $150 | $2,000 | |
| Additional Funds (12 months) | $30,000 | $75,000 | |
| Software | $1,000 | ||
| Total | $45,150 | $145,750 | |
Source: HQ Franchising Corporation, 2022 filing, page 24
HireQuest Direct franchise fee
The franchise fee is $2,500 to $25,000, set by the territory's size and expected growth. You pay it when you sign the franchise agreement.
Source: HQ Franchising Corporation, 2022 filing, page 17
Royalty and ongoing fees
| Royalty | 6% to 8% of sales depending on volume, taken weekly from gross margin. |
|---|---|
| Software | $1,000 |
| Transfer Fee | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: HQ Franchising Corporation, 2022 filing, page 18
Other fees as filed, from pages 18–19. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures HireQuest Direct does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: HQ Franchising Corporation, 2022 filing, page 54
How HireQuest Direct compares
Of the 31 staffing franchises on this site, HireQuest Direct is the 6th cheapest to open and the 10th largest by number of locations.
| Figure | HireQuest Direct | Typical staffing brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $45K | $85K | $222K |
| Cost to open, high end | $146K | $145K | $477K |
| Franchise fee | $3K | $40K | $40K |
| US locations | 79 | 27 | 21 |
| Change in franchised locations, 0 yrs | +36.2% | −1.3% | – |
| Shares earnings figures | No | 15 of 31 | 2,147 of 3,352 |
Typical is the median across the 31 brands in staffing franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2019 | 74 (+16) | 0 |
| 2020 | 78 (+4) | 0 |
| 2021 | 79 (+1) | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: HQ Franchising Corporation, 2022 filing, page 60
Who owns HireQuest Direct?
HireQuest Direct franchises are sold by HQ Franchising Corporation.
From HQ Franchising Corporation’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 15–17. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: HQ Franchising Corporation, 2022 filing, litigation on pages 15–17, bankruptcy on page 17
HireQuest Direct filings
The figures on this page come from HQ Franchising Corporation’s 2022 filing, issued April 25, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 25, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other staffing franchises
All staffing franchises
HireQuest Direct is also on these lists: business services franchises.