Own a Premier Recruiting Franchise in Chicago
Start-Up Description
URGENT SALE: Top-Ranked Executive Recruiting Franchise | Prime Chicago Territory | Turnkey & Priced to Move
Rare opportunity to acquire an exclusive franchise territory for Patrice & Associates, ranked #3 among staffing franchises in North America, at a significantly reduced price. The current owner is pursuing other ventures and has priced this turnkey business for quick sale to a motivated entrepreneur.
WHY THIS OPPORTUNITY IS PERFECTLY TIMED
The executive search market is projected to grow from $58 billion in 2025 to $95 billion by 2030—over 10% annual growth. The U.S. Chamber of Commerce reports 9.8 million job openings versus only 5.9 million available workers.
The hospitality sector faces an acute crisis. Current data shows 67% of hotels and 45% of restaurants are significantly understaffed, with turnover running 204% above the national average. Businesses desperately need recruiting partners who can deliver management and executive talent. This franchise positions you to solve that critical need.
WHAT YOU'RE ACQUIRING
For just $65,000—well below the $105,100 to $121,050 required for a new franchise—you receive:
• Exclusive Chicago Territory: The Loop, Gold Coast, and Lincoln Park—three of the most lucrative business districts in the Midwest with thousands of potential clients
• Immediate National Client Access: Active job orders from day one through contracts with The Cheesecake Factory, IHOP, Hyatt, Arby's, Chipotle, Panera, and more
• Complete Training & Mentorship: Comprehensive corporate training and ongoing support—no prior recruiting experience required
• Proprietary Technology: Applicant tracking system and database of hundreds of thousands of pre-vetted candidates
• Nationally Recognized Brand: Instant credibility with the Patrice & Associates name
• Collaborative Network: Join nearly 200 franchisees who work together to fill positions—giving you a nationwide team from day one
THE BUSINESS MODEL
Remote-first, low-overhead business with exceptional profit potential. No retail space, inventory, or significant physical assets required. Generate revenue through placement fees with minimal ongoing costs: monthly technology fee under $400 and 25% royalty on completed placements. This delivers gross profit margins as high as 75%.
You'll specialize in filling management and executive-level positions in hospitality—hotels, restaurants, casinos, event venues, and corporate dining. The corporate team handles national account management and back-office support, allowing you to focus on revenue-generating activities.
WHO SHOULD BUY THIS BUSINESS
Ideal for a motivated, relationship-focused entrepreneur. Success in recruiting correlates directly with effort and dedication. The current owner is transparent that they couldn't devote necessary time to develop the territory, creating an opportunity for someone who can. The systems, brand recognition, training, and market demand are in place—what's needed is an owner-operator ready to execute.
First-time entrepreneurs are welcome. Comprehensive training eliminates the need for prior industry experience. Sales professionals, hospitality veterans, and business development specialists often thrive due to their relationship-building skills.
WHY THE URGENT PRICING
This is not a distressed business—it's a strategic exit. The owner has priced the franchise $40,000+ below new startup cost to facilitate quick sale. For a serious buyer, this represents immediate equity and a shortened path to profitability in a booming market.
NEXT STEPS
Serious inquiries only. Non-Disclosure Agreement required. Contact us today to learn more about this time-sensitive opportunity.
Rare opportunity to acquire an exclusive franchise territory for Patrice & Associates, ranked #3 among staffing franchises in North America, at a significantly reduced price. The current owner is pursuing other ventures and has priced this turnkey business for quick sale to a motivated entrepreneur.
WHY THIS OPPORTUNITY IS PERFECTLY TIMED
The executive search market is projected to grow from $58 billion in 2025 to $95 billion by 2030—over 10% annual growth. The U.S. Chamber of Commerce reports 9.8 million job openings versus only 5.9 million available workers.
The hospitality sector faces an acute crisis. Current data shows 67% of hotels and 45% of restaurants are significantly understaffed, with turnover running 204% above the national average. Businesses desperately need recruiting partners who can deliver management and executive talent. This franchise positions you to solve that critical need.
WHAT YOU'RE ACQUIRING
For just $65,000—well below the $105,100 to $121,050 required for a new franchise—you receive:
• Exclusive Chicago Territory: The Loop, Gold Coast, and Lincoln Park—three of the most lucrative business districts in the Midwest with thousands of potential clients
• Immediate National Client Access: Active job orders from day one through contracts with The Cheesecake Factory, IHOP, Hyatt, Arby's, Chipotle, Panera, and more
• Complete Training & Mentorship: Comprehensive corporate training and ongoing support—no prior recruiting experience required
• Proprietary Technology: Applicant tracking system and database of hundreds of thousands of pre-vetted candidates
• Nationally Recognized Brand: Instant credibility with the Patrice & Associates name
• Collaborative Network: Join nearly 200 franchisees who work together to fill positions—giving you a nationwide team from day one
THE BUSINESS MODEL
Remote-first, low-overhead business with exceptional profit potential. No retail space, inventory, or significant physical assets required. Generate revenue through placement fees with minimal ongoing costs: monthly technology fee under $400 and 25% royalty on completed placements. This delivers gross profit margins as high as 75%.
You'll specialize in filling management and executive-level positions in hospitality—hotels, restaurants, casinos, event venues, and corporate dining. The corporate team handles national account management and back-office support, allowing you to focus on revenue-generating activities.
WHO SHOULD BUY THIS BUSINESS
Ideal for a motivated, relationship-focused entrepreneur. Success in recruiting correlates directly with effort and dedication. The current owner is transparent that they couldn't devote necessary time to develop the territory, creating an opportunity for someone who can. The systems, brand recognition, training, and market demand are in place—what's needed is an owner-operator ready to execute.
First-time entrepreneurs are welcome. Comprehensive training eliminates the need for prior industry experience. Sales professionals, hospitality veterans, and business development specialists often thrive due to their relationship-building skills.
WHY THE URGENT PRICING
This is not a distressed business—it's a strategic exit. The owner has priced the franchise $40,000+ below new startup cost to facilitate quick sale. For a serious buyer, this represents immediate equity and a shortened path to profitability in a booming market.
NEXT STEPS
Serious inquiries only. Non-Disclosure Agreement required. Contact us today to learn more about this time-sensitive opportunity.
About the Business
- Facilities & Assets
- Remote-first, low-overhead model. Exclusive Chicago territory (Loop, Gold Coast, Lincoln Park). Includes franchise rights, proprietary tech platform, applicant tracking system, and database of hundreds of thousands of pre-screened candidates. Brand equity with instant market credibility. 75% margins.
- Market Outlook / Competition
- Executive search market growing 10%+ annually to $95B by 2030. Hospitality crisis: 67% of hotels, 45% of restaurants understaffed. Turnover 204% above national average. Patrice & Associates ranked #3 staffing franchise. Specialized hospitality focus differentiates from broader competitors. Prime territory.
About the Sale
- Transition Support
- Complete corporate training, onboarding & ongoing mentorship included. Access national client accounts from day one (IHOP, Cheesecake Factory, Hyatt). Collaborative franchise network provides nationwide support. Proprietary technology platform & pre-vetted candidate database. No prior experience required.
Listing Info
- ID
- 2421481
- Listing Views
- 0
Listing ID: 2421481 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.