FranchiseVerdict
SI Staffing logo
FV-02312·MODERATEExcellent86

SI Staffing

Business Services - StaffingFranchising since 2018Website
Investment
$75K – $132K
46th pct Staffing
Avg revenue
$103K
8th pct Staffing
Royalty
5.5%
21st pct Staffing
Units
2
8th pct Staffing
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $75K – $132K including a $15K franchise fee, 5.5% ongoing royalty.
  • Average unit revenue of $103K/year.
  • Rated MODERATE with a risk score of 65/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Swift International Staffing, LLC
Incorporated in
Delaware
HQ
2760 Lighthouse Point W, Suite 201, Baltimore MD 21224
Auditor
Naper CPA Group
Audited financials
Franchisor revenue
$234K
vs $218K 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 SI Staffing unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $102,878
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: $75K–$132K
Working capital
$
FDD reports $40K–$60K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$17K
EBITDA margin
16.5%
Total invested
$154K
Payback
109 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.

Levered LBO scenario · Yale Crease Capital framing

What would 25 SI Staffing units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$195K

on $977K purchase

Total debt

$782K

SBA $0.5M + senior + seller note

Overview

About

SI Staffing franchisees operate temporary staffing and workforce solutions businesses, placing contract workers in client companies across various industries. Day-to-day activities include recruiting and vetting candidates, matching workers to open positions, managing client relationships, and handling payroll/compliance for placed employees.

CEO
Yuri Kovalenko
Founded
2018
FDD year
2024
States available
1

Item 7 · what it costs

The Vitals

Total investment
$75K – $132K
All-in to open one unit
Liquid capital
$40K – $60K
Cash you must have on hand
Franchise fee
$15K
Royalty
5.5%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$103K
Per unit, per year
Median gross sales
Item 19 type
Gross Sales
Sample size
2 units
vs category median 59 · small
Range (low → high)
$47K$159K
Cohort dispersion
Transparency
3 / 5
vs category median 0 / 5 · above
Revenue rank8th
vs Business Services - Staffing peers
Investment cost rank46th
Lower investment ranks lower (better)
Royalty rate rank21th
Lower royalty = lower percentile (better)
Unit count rank8th
vs Business Services - Staffing peers
Risk score rank67th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
2
Opened
0
Last reporting year
Closed
2
Turnover rate
100.0%
Company-owned
2
Corporate units in the system
% franchised
0%
vs corporate-owned
2022
0-1
Franchised units
2023
2
Franchised units
2024
4
Franchised units

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

Item 20 · 14 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 · 14 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
2
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

65
Risk · 0-100
MODERATE65 / 100

Extreme caution warranted: micro-scale staffing franchise with only 2 units, undisclosed profitability, franchisor going concern issues, and unclear unit economics make this a highly speculative investment with minimal operational track record.

Score breakdown · what drove the 65 / 100 rating

  1. 01MINOROnly 2 units in system indicates extremely early-stage/unproven franchise model with no growth trajectory data
  2. 02MEDNo average net income disclosed despite average revenue of $102,888—profitability opaque and concerning
  3. 03HIGHGoing Concern status is False, suggesting potential financial instability or uncertain viability of franchisor
  4. 04MINOR5.5% royalty on modest $102k average revenue creates thin margin vulnerability ($5,659 annual royalty)
  5. 05MINORWide investment range ($74,883–$132,300) suggests inconsistent unit economics or unclear cost structure
  6. 06MINORFranchise fee of $15,000 on $102k revenue represents 14.6% payback period risk if sales don't materialize

Severity inferred from the FDD text · not a regulatory classification

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

Contract & Territory Detail

Territory
Population/Business Count
Protected territory
Yes
Initial term
10 years
Online sales rights
Granted
Franchisor can compete
No
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Maryland

Item 11

Training & Operations

Classroom training
16 hrs
On-the-job training
62 hrs
POS system
ATS
Operating tech stack

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

17 numbers

Locked
(217) 782-••••
IL
(410) 547-••••
MD
(808) 586-••••
HI

One-time purchase · CSV download · Validation questions included

FDD download

SI Staffing · FDD (2024) PDF

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