Patrice & Associates
Business & Professional Services · Staffing & Employment
- Active units
- 185
Franchised, year-end 2024
About Patrice & Associates
Patrice & Associates Recruiting is the largest and most successful hospitality management and executive search recruiting agency in the US and Canada. With a 30-year track record, they have 175 offices and 450 recruitment specialists across both countries. Their expertise lies in hospitality recruitment, offering their services to a wide range of industries including restaurants, hotels, food service, finance, marketing, sales, wellness, spa, health, beauty, technology, specialized construction, engineering, entertainment, and retail. Whether you are a job seeker looking to make a career move or an employer in need of outstanding talent, Patrice & Associates has got you covered. The brand's nationwide presence and extensive network of recruiters ensure that they can connect job seekers with the right opportunities and help employers find top-tier candidates anywhere in North America. Patrice & Associates offers a personalized and collaborative approach, providing dedicated Pro recruiters who are experts in their respective fields. They pride themselves on their ability to make great career matches and help brands grow.
Key terms
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations194
Franchised units open at year-end
- New openings21
Gross new units opened during the calendar year
- 1-year unit growth rate3.2%
Net unit growth versus prior year
- 3-year unit CAGR1.6%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.4×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$0
Item 19 cohort year 2025
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$113k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open2 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate10.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio0.0×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.