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Updated RecentlyMRI Worldwide Franchise
Search and recruitment organization
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.
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How much does it cost to open a MRI Worldwide Franchise?
The investment required to open a MRI Worldwide Franchise is between $66,635-$99,785. There is an initial franchise fee of $40,000 which grants you the license to run a business under the MRI Worldwide name.
Individual Unit Costs
- Initial Investment:
$66,635-$99,785 - Initial Franchise Fee:
$40,000 - Royalty Fee:
9%-3% - Advertising Fee:
0.5% - Term of Agreement:
10-20 years
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MRI Worldwide News & Press Releases
When did MRI Worldwide start Franchising? 1965
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2004 | 1053 | 2 | 283 | 0 |
| 2003 | 1088 | 2 | 246 | 0 |
| 2002 | 1124 | 1 | 237 | 30 |
| 2001 | 1122 | 1 | 207 | 30 |
| 2000 | 822 | 0 | 164 | 45 |
International: Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe,
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): banks & equipment leasing companies
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
International franchisees required to buy multiple units/master licenses; 2% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Business Experience:
Your income potential as a MRI Worldwide Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
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Legal Disclaimer: This information is not a franchise offering for MRI Worldwide and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a MRI Worldwide franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
MRI Worldwide
Management Recruiters/Sales Consult./MRI Worldwide
2400 East Commercial Boulevard, Suite 718
Fort Lauderdale,
FL
33308