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MRINetwork

Permanent placement & contract staffing services

Background

Founded: 1957 Franchising since: 1965
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.

200 Public Sq., 30th Fl.
Cleveland, Ohio 44114
Phone:
(216)416-8467


Franchisor is a publicly-held company with 80 employee(s); 24 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 731 0 152 0
2008 812 0 197 0
2007 826 0 200 0
2006 856 0 237 0
2005 805 0 220 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: As negotiated

Costs and Fees

Total investment: $76.5K-125.4K
Franchise fee: $40K-55K
Ongoing royalty fee: 9%
Term of agreement: 10-20 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $100K
Business Experience:
  • Industry experience
  • Sales/sales management background preferred

Operations
  • 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)

Training and Support

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

Rankings

Franchise 500® rank:
#69 (2009); #57 (2007); #48 (2005);

Ranked #1 in category in:
2009; 2007; 2005;

Fastest-Growing Franchises:
#81 (2007);

America's Top Global Franchises:
#59 (2009); #39 (2007); #36 (2005);


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