#427

Initial Investment

LOW: $61,380
HIGH: $85,730

Change in Units

+5.0% +30 UNITS (1 Year)
-11.4% -68 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1957

Franchising Since

1965 (51 Years)

Corporate Address

1717 Arch St., 36th Fl. Philadelphia, PA 19103

CEO

John McDonald

Parent Company

Management Recruiters International, Inc.

Ticker Symbol

About MRINetwork

A subsidiary of CDI Corp., Management Recruiters International has offices in some 35 countries, and more than 5,000 search professionals. Completing thousands of placements annually through its specialized divisions—Management Recruiters, Sales Consultants, CompuSearch and OfficeMates5—Management Recruiters International franchisees may also offer services including flexible staffing, project outsourcing, videoconferencing, compatibility assessment and relocation services.

In 1999, the company acquired British staffing franchisor Humana International, giving it a large presence in Europe. To reflect this expanded reach, in 2000, Management Recruiters International changed its name to MRI Worldwide.

Financials

Financial Requirements

Initial Investment

$61,380 - $85,730

Net-worth Requirement

$350,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$45,000

Ongoing Royalty Fee

9-3%

Ad Royalty Fee

0.5%

Financing Options

MRINetwork offers in-house financing to cover the following: franchise fee, startup costs, equipment, accounts receivable

MRINetwork has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, accounts receivable

Veteran Incentives


20% off franchise fee

Franchise 500® Rank History

  • 2007 - 57
  • 2009 - 69
  • 2010 - 71
  • 2011 - 75
  • 2015 - 281
  • 2016 - 427

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 10 days

Additional Training: Virtual training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 29th, 2015

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