RemedyTemp 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

 
RemedyTemp Franchise
MRI Worldwide Franchise
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

 
RemedyTemp Franchise
MRI Worldwide Franchise
Experience
  • General business experience
  • Marketing skills

  • Industry experience
  • Sales/sales management background preferred

  • Financing Options

     
    RemedyTemp Franchise
    MRI Worldwide Franchise
      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

     
    RemedyTemp Franchise
    MRI Worldwide Franchise
    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

     
    RemedyTemp Franchise
    MRI Worldwide Franchise
    US Expansion - -
    Canada Expansion No No
    International Expansion Yes Yes

    Start-Up Costs and Fees Mobile

    Investment
    RemedyTemp Franchise
    $95,000 - $155,000
    MRI Worldwide Franchise
    $66,635 - $99,785
    Franchise Fee
    RemedyTemp Franchise
    $18,000
    MRI Worldwide Franchise
    $40,000
    Royalty Fee
    RemedyTemp Franchise
    Varies
    MRI Worldwide Franchise
    9%-3%
    Advertising Fee
    RemedyTemp Franchise
    -
    MRI Worldwide Franchise
    0.5%
    Year Founded
    RemedyTemp Franchise
    1967
    MRI Worldwide Franchise
    1957
    Year Franchised
    RemedyTemp Franchise
    1987
    MRI Worldwide Franchise
    1965
    Term Of Agreement
    RemedyTemp Franchise
    10 years
    MRI Worldwide Franchise
    10-20 years
    Renewal Fee
    RemedyTemp Franchise
    -
    MRI Worldwide Franchise
    -


    Business Experience Requirements

    Experience
    RemedyTemp Franchise

  • General business experience
  • Marketing skills
  • MRI Worldwide Franchise

  • Industry experience
  • Sales/sales management background preferred

  • Financing Options

      In-House/3rd Party
    Franchise Fees
    RemedyTemp Franchise
    Yes/No
    MRI Worldwide Franchise
    No/Yes
    Start-up Costs
    RemedyTemp Franchise
    No/Yes
    MRI Worldwide Franchise
    No/Yes
    Equipment
    RemedyTemp Franchise
    No/Yes
    MRI Worldwide Franchise
    No/Yes
    Inventory
    RemedyTemp Franchise
    No/No
    MRI Worldwide Franchise
    No/No
    Receivables
    RemedyTemp Franchise
    Yes/No
    MRI Worldwide Franchise
    No/No
    Payroll
    RemedyTemp Franchise
    Yes/No
    MRI Worldwide Franchise
    No/No

    Training & Support

    Training
    RemedyTemp Franchise
    -
    MRI Worldwide Franchise
    -
    Support
    RemedyTemp Franchise
    Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    MRI Worldwide Franchise
    Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing
    RemedyTemp Franchise
    Ad slicks, Regional advertising
    MRI Worldwide Franchise
    Co-op advertising, Ad slicks, National media, Regional advertising
    Operations
    RemedyTemp Franchise
    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)

    MRI Worldwide Franchise
    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

    US Expansion
    RemedyTemp Franchise
    -
    MRI Worldwide Franchise
    -
    Canada Expansion
    RemedyTemp Franchise
    No
    MRI Worldwide Franchise
    No
    International Expansion
    RemedyTemp Franchise
    Yes
    MRI Worldwide Franchise
    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.