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Updated RecentlyRemedyTemp vs MRI Worldwide Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RemedyTemp vs MRI Worldwide including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $95,000 - $155,000 | $66,635 - $99,785 |
| Franchise Fee | $18,000 | $40,000 |
| Royalty Fee | Varies | 9%-3% |
| Advertising Fee | - | 0.5% |
| Year Founded | 1967 | 1957 |
| Year Franchised | 1987 | 1965 |
| Term Of Agreement | 10 years | 10-20 years |
| Term Of Agreement | 10 years | 10-20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | ||
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/No | No/No |
| Receivables | Yes/No | No/No |
| Payroll | Yes/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Ad slicks, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
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) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | Yes |
Company Overviews
About RemedyTemp
NO LONGER FRANCHISING
The primary RemedyTemp office was opened by
Robert McDonough in Riverside, California in 1965. The organization
moved its central station to close-by Orange County seven years after
the fact and started a national development of its impermanent staffing
administration. Today the organization has areas across the nation
filling transitory, impermanent to-contract and low maintenance
positions. RemedyTemp is exchanged on the NASDAQ trade under the REMX
image.
About MRI Worldwide
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.