SI Staffing Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
SI Staffing is a staffing franchise placing temporary and contract workers with employers across industries. Franchisees run staffing offices, recruiting candidates and managing placements and billing.
FranchiseVerdict summary · 2026
A SI Staffing franchise requires a total initial investment of $75K – $132K, including a $15K franchise fee and an ongoing 5.5% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: C (Average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $75K – $132K
- 23rd pct Business Serv…
- Avg gross sales
- N/A
- 2 outlets
- Royalty
- 5.5%
- 7th pct Business Serv…
- Units
- 2
- 6th pct Business Serv…
- SBA charge-off
- N/A
Quick verdict · Business Services · color = vs category peers
Green = favorable by >10% vs Business Services avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $75K – $132K including a $15K franchise fee, 5.5% ongoing royalty.
- RETURNSItem 19 reports individual outlet gross sales disclosure (2 outlets, CY2023, not averages/medians) rather than annual gross sales, so unit revenue is not directly comparable.
- RISKVerdict C (Average), verdict score 40/100 (higher is better).
- DATAItem 19 reports individual outlet gross sales disclosure (2 outlets, CY2023, not averages/medians) rather than annual gross sales, so unit revenue is not directly comparable. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Swift International Staffing, LLC
- CEO title
- Co-founder
- Yuri Kovalenko
- Founder active
- Yes
- Original founder still leading the business
- 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
Overview
About
- CEO
- Yuri Kovalenko
- Founded
- 2018
- FDD year
- 2024
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 63% below the typical business services franchise.
Source: FDD 2024 · Items 5–7
Full Item 7 breakdown14 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $15K | $15K | |
| Initial Training and Sales Support Feenot refundable | $25K | $25K | |
| Rent, Utilities, and Leasehold Improvements | $2K | $5K | |
| Market Introduction Programnot refundable | $5K | $10K | |
| Furniture, Fixtures, and Equipmentnot refundable | $1K | $3K | |
| Computer Systemsnot refundable | $4K | $7K | |
| Insurancenot refundable | $500 | $1K | |
| Signagenot refundable | $400 | $3K | |
| Office Expensesnot refundable | $250 | $1K | |
| Licenses and Permitsnot refundable | $100 | $200 | |
| Dues and Subscriptionsnot refundable | $200 | $500 | |
| Professional Fees (lawyer, accountant, etc.)not refundable | $1K | $3K | |
| Additional funds (for first 3 months)not refundable | $40K | $60K | |
| Development Fee (Multi-Unit Development Agreement)not refundable | $70K | $70K | |
| Total initial investment | $164K | $203K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $75K – $132K
- Top 40% of category vs category
- Liquid capital req'd
- $40K – $60K
- Middle of category vs category
- Franchise fee
- $15K – $15K
- Top 40% of category vs category
- Royalty
- 5.5%
- Gross Sales · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 6.5%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.5% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Technology fee | $150 |
| Training fee | $25K |
| Transfer fee | $2K |
| Total fee load | 6.5% of rev |
What do units actually make?
Source: FDD 2024 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
SI Staffing did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one SI Staffing unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
81%
Above the 30–60% band. Verify revenue is per-unit average
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
Based on only 2 outlets
- Item 19 type
- individual outlet gross sales disclosure (2 outlets, CY2023, not averages/medians)
- Sample size
- 2 outlets
- vs category median 35 · small
- Range (low → high)
- $47K→$159K
- Cohort dispersion (min → max)
- Reporting year
- 2023
- Fiscal year the figures cover
- Source filing
- FDD 2024
- Disclosed in the 2024 filing, covering 2023
- Transparency
- 3 / 10
- vs category median 3 / 10 · typical
Compared against 296 Business Services brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 6.5% — below the Business Services average of 11.9%.
Disclosure
Item 19 reports individual outlet gross sales disclosure (2 outlets, CY2023, not averages/medians) rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System shrank 100.0% over 3 years — 2 closures. Ask existing franchisees about local market conditions.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Business Services averages
How SI Staffing Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 0
- Last reporting year
- Closed
- 2
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 100.0%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
- Net growth (3-yr)
- Effectively gone
- Likely small-sample artifact
- 3-yr CAGR
- Effectively gone
- Likely small-sample artifact
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 2
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 4
- Franchisor's next-year forecast
- Ceased ops
- 50.0%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 1 7(a) loan on file; statistical reliability is limited below 10 loans.
- Total loans
- 1
- Loan volume
- $135K
- Median loan
- $135K
- 50th percentile
- Charge-off rate
- N/A
- limited sample (1 loan) — rate not shown below 10
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- N/A
Explore lender portfolios on Bank Reports or regional data on State Reports.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Very small system (2 company-owned units, 0 franchised, -100% franchised growth) with minimal net worth of $37,853. No litigation and Item 19 disclosed, but essentially no franchised operations and negligible equity indicate a weak, unproven franchise.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Naper CPA Group
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 40 / 100 verdict
- 01MINOROnly 2 units, 0 franchised (-100% growth)
- 02MINORMinimal net worth $37,853
- 03MINORNo operating franchise base
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 6.5% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Allowed renewalsℹ | 0 |
| Territory type | Population/Business Count |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 250,000 |
| Online sales rights | Granted |
| Franchisor can compete | No |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Maryland |
| Jury trial waiver | Yes |
| Governing law | Maryland |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 16 hrs
- On-the-job training
- 62 hrs
- Training location
- On-site and corporate
- Ongoing training
- Required
- Time to open
- 3 mo
- From signing to launch
- POS system
- ATS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: ATS
Item 20 · call current owners
Franchisee Contacts
16 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
SI Staffing · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a SI Staffing franchise?
The total investment to open a SI Staffing franchise ranges from $75K – $132K, with an initial franchise fee of $15K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do SI Staffing franchise owners earn?
SI Staffing does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the SI Staffing FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the SI Staffing FDD and qualifies whose outlets they describe.
What is SI Staffing's franchise failure rate?
SBA 7(a) loan charge-off data is not available for SI Staffing (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many SI Staffing franchise locations are there?
As of their most recent FDD filing, SI Staffing has 2 total units in the United States, including 0 franchised units and 2 company-owned units.
Is SI Staffing a good franchise to buy?
FranchiseVerdict rates SI Staffing as a C-grade franchise with a verdict score of 40 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.