MRINetwork
At a Glance
Products & Services: Permanent placement & contract staffing services
Number of Locations: 831
Total Investment: $73.45K - 113.43K
Founded: 1957
Began Franchising: 1965
Public Owned
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 |
| 2010 | 706 | 0 | 125 | 0 |
| 2009 | 731 | 0 | 152 | 0 |
| 2008 | 812 | 0 | 197 | 0 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $73,450 - $113,430
Franchise Fee: $40,000
Ongoing Royalty Fee: 9%
Term of Franchise Agreement: 10-20 years, renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 9%
Term of Franchise Agreement: 10-20 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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 15 days. At franchisee's location: up to 10 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
Top Homebased: #19 (2011),