MRINetwork

At a Glance

Products & Services: Permanent placement & contract staffing services

Number of Locations: 664

Total Investment: $98.95K - $147.4K

Founded: 1957

Began Franchising: 1965

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.

Franchise Units

Year U.S. Canadian International Company Owned
2013 568 0 96 0
2010 706 0 125 0
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $98,950 - $147,430
Franchise Fee: $76,000
Ongoing Royalty Fee: 9-3%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 2% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 10 days. Virtual training : 20 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: National & local PR campaign

Franchise Ranking History

Franchise 500®: #75 (2011), #71 (2010),
Top Home-Based: #19 (2011),
America's Top Global: #65 (2011), #60 (2010),

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