FranchiseVerdict
SANFORD ROSE ASSOCIATES logo
FV-02231·STRONGExcellent81

Sanford Rose Associates

Business Services - StaffingFranchising since 1970Website
Investment
$11K – $15K
8th pct Staffing
Avg revenue
42nd pct Staffing
Royalty
5.5%
21st pct Staffing
Units
157
75th pct Staffing
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $11K – $15K including a $8K franchise fee, 5.5% ongoing royalty.
  • No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
  • Rated STRONG with a risk score of 53/100. SBA loan default rate of 0.0% across 26 loans (below the industry average).
  • System contracting at -13.3% CAGR over 3 years. Investigate whether closures are franchisor-driven (consolidation) or franchisee-driven (economics).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Sanford Rose Associates International, LLC
Parent company
Next Level Exchange, LLC
Incorporated in
Texas
HQ
5908 Headquarters Drive, K200, Plano, Texas 75024
Auditor
Whitley Penn LLP
Audited financials
Franchisor revenue
$11.1M
vs $12.1M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one SANFORD ROSE ASSOCIATES unit return on the cash you put in?

Revenue · per unit, per year
$
Item 19 not disclosed — typing your own estimate
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $11K–$15K
Working capital
$
Item 7 didn't break this out — defaulted to ~10% of annual revenue

Unlevered ROIC · per unit

1002%

Above typical band (30–60%)

0%30–60% Yale band80%
ROIC above 100% usually means the revenue figure is a system-wide aggregate or top-cohort number rather than a single-unit average. Verify the "Revenue · per unit" field against the brand's FDD Item 19 detail tables before relying on this output.

Store EBITDA · annual
$131K
EBITDA margin
17.5%
Total invested
$13K
Payback
1 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Overview

About

Sanford Rose Associates (SRA) operates as an executive search and recruitment staffing firm. Franchisees typically run local recruiting offices, managing candidate sourcing, client relationship building, and fee-based placements in professional and executive markets. Revenue depends heavily on placement commissions and retained search fees.

CEO
Jeffrey T. Kaye
Founded
1959
FDD year
2026
States available
37

Item 7 · what it costs

The Vitals

Total investment
$11K – $15K
All-in to open one unit
Liquid capital
$0 – $0
Cash you must have on hand
Franchise fee
$8K
Royalty
5.5%
Variable options including percentage based and fixed fee components · typical 6–8%
Ad fund
0.0%
typical 3–5%
Total fee load
5.5%
vs 9–13% typical

Item 19

Financial Performance

This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.

Item 20 · unit dynamics

The Growth Chart

Total units
157
Opened
8
Last reporting year
Closed
23
Turnover rate
14.6%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
-8.7%
Net unit change last year
3-yr CAGR
-13.3%
Compounded over last 3 years
2024
157-15
Franchised units
2025
172
Franchised units
2026
181
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 36 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 36 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
26
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

53
Risk · 0-100
STRONG53 / 100

Declining unit growth, regulatory compliance history, and zero financial transparency create moderate-to-cautionary risk; viability depends entirely on franchisee reference validation.

Score breakdown · what drove the 53 / 100 rating

  1. 01MEDUnit count declined 8.7% YoY (157 → 143 units), indicating system contraction and potential market saturation or franchisee dissatisfaction
  2. 02MEDNo Item 19 financial performance data disclosed—impossible to validate profitability claims or ROI expectations for the $11,400-$14,800 investment
  3. 03HIGHPrior litigation: Illinois Attorney General Assurance of Voluntary Compliance (2019) for franchise registration violation suggests compliance/disclosure governance issues
  4. 04MINORDual royalty structure ($10k fixed vs. 5.5% cash receipts) creates ambiguity—unclear which option franchisees actually choose and what average effective rate is
  5. 05MINORVery low franchise fee ($7,500) coupled with non-disclosure of unit economics may indicate low barriers to entry, leading to weak franchisee quality or oversaturation

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
5 years
Renewal term
1 year
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
No
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
Texas

Item 11

Training & Operations

Classroom training
1 hrs
On-the-job training
0 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

70 numbers

Locked
(860) 658-••••
North Building Simsbury,
CT
(616) 940-••••
Grand Rapids,
MI
(440) 409-••••
Bay Village,
OH

One-time purchase · CSV download · Validation questions included

FDD download

SANFORD ROSE ASSOCIATES · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above