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Below is an in-depth analysis and side-by-side comparison of Fortune Personnel vs Gecko Hospitality including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $86,300 - $130,100 | $64,770 - $93,670 |
Franchise Fee | $45,000 | $40,000 - $50,000 |
Royalty Fee | 8%-7% | - |
Advertising Fee | 1% | - |
Year Founded | 1959 | 2013 |
Year Franchised | 1973 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | 5-7 years executive management, human resources/recruiting, assistant general management, or general management experience in a high volume restaurant, hotel, resort or casino. Entrepreneurial ambition and desire to be in business for themselves. The ability to obtain the monetary funding necessary to operate a successful recruiting office. The desire to be part of the largest restaurant recruiting firm in the United States and Canada. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-The-Job Training: 25 hours Classroom Training: 53 hours Additional Training: Ongoing | You will learn all aspects of the Gecko Hospitality franchise, including applicant tracking software, proven methodology and systems for identifying suitable hospitality candidates, Client and role playing interaction, and other advanced elements of the hospitality recruiting industry. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Site selection assistance, sales and marketing tools, pre/post grand opening through day-to-day operations guidance, centralized billing and collections. Gecko Hospitality is with you every step of the way. Franchise partners receive a confidential Gecko Hospitality Operations Manual. Our management staff also continually communicate with you and remain available to you for consultation and assistance. |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Loyalty program/app | Social media as well as all online advertising and marketing is handled by our own marketing staff. |
Operations | Number of Employees Required to Run: 1 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
New York City in 1959. Fortune Personnel recruits executives in 40 industries
and 50 disciplines. Since the company began franchising in 1973, Fortune Personnel has
provided a network of recruiters, giving client companies access to
nationwide talent and offering candidates career opportunities from
across the country.
Franchise owners select the industries and disciplines in which they
wish to focus, and industry specialists operate the offices. Recruiters
research each client company’s products, services and philosophies;
analyze available positions; perform candidate searches and screening;
present candidates; coordinate interviews; counsel on hiring and assist
in negotiations.