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MRI Network

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1957
  • Franchising Since 1965
  • 170 US Franchises
  • $44,050 - $96,090 Investment Range
  • $20,723 Average Gross Revenue
  • 3% - 9% Royalty Fee
  • $40,000 Franchise Fee
Pre-qualification Amount

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Brand Description

MRI Network stands as a pioneering force in the staffing and recruitment industry since 1957, leveraging over six decades of expertise to connect top talent with leading organizations. As a franchise opportunity, MRI Network offers entrepreneurs the chance to enter the lucrative professional staffing sector with a proven business model and comprehensive support system.

What sets MRI Network apart is its sophisticated blend of traditional recruitment expertise and cutting-edge technology. Franchise owners benefit from access to proprietary recruitment methodologies, advanced training programs, and an extensive global network that spans multiple industries. This powerful combination enables franchisees to deliver high-quality staffing solutions to businesses ranging from startups to Fortune 500 companies.

The franchise system emphasizes a consultative approach to staffing, allowing owners to build deep relationships with both clients and candidates. Each franchisee receives extensive training in specialized recruitment techniques, business development strategies, and operational best practices. MRI Network's proven system enables franchise owners to establish themselves as trusted advisors in their local markets while leveraging the strength of an internationally recognized brand.

With the staffing industry experiencing continuous growth and evolution, MRI Network remains at the forefront of innovation, regularly updating its technologies and methodologies to meet changing market demands. This commitment to excellence, combined with a supportive franchise community and ongoing professional development opportunities, positions franchisees for success in the dynamic world of professional recruitment and staffing services.

DID YOU KNOW?

How much does it cost to start a franchise with MRI Network?

$44,050
$96,090
Did you know that launching your own MRI Network franchise - one of the most respected names in executive recruiting and staffing solutions - requires a total investment between $44,050 and $96,090, which includes the $40,000 franchise fee plus all the essential startup costs to establish your professional recruiting office and begin connecting top talent with leading companies in your market?
Financial Summary
Franchise Fee
$40,000
Investment Range
$44,050 - $96,090
Investment Midpoint
$70,070
Minimum Cash Required
$44,050
Royalty Fees
3% - 9%
Brand Fund
0.5%
Brand Bragging Rights
67 years operational experience established
170 units nationwide system presence
Entry-level investment barrier accessibility
Business services recurring revenue model
Established staffing industry expertise
Mature franchise system infrastructure
Financial Analysis
MRI Network presents an entry-level investment opportunity with total capital requirements ranging from $44,050 to $96,090, positioning it well below the staffing sub-sector averages of $89,692-$150,855. This lower barrier to entry makes it accessible to emerging entrepreneurs seeking business services franchise opportunities. The staffing industry benefits from consistent demand across economic cycles, as businesses require flexible workforce solutions during both growth and contraction periods. However, the reported gross revenue of $20,723 falls substantially below the sub-sector average of $1,172,006, which may reflect either nascent franchise development or alternative revenue recognition methods requiring careful FDD review. With 170 units and 67 years of operation since 1957, MRI Network demonstrates significant system maturity and operational experience, though the brand appears to maintain a smaller footprint compared to major staffing competitors. The ideal investor profile includes professionals with business development experience, strong networking capabilities, and sufficient working capital beyond initial investment for operational sustainability. The staffing sector's fragmented nature offers territory expansion opportunities, though success heavily depends on local market relationships and recruitment expertise. Prospective franchisees should thoroughly evaluate the FDD's Item 19 financial performance representations and conduct comprehensive due diligence on local market conditions, competitive landscape, and operational support systems before committing capital.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like MRI Network. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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FranFund

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CRF USA

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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
MRI Network's extensive network showcases a concentrated presence in the northeastern United States, with strong representation in New Jersey and New York serving as core markets. This regional density suggests strong market penetration and established business networks in major metropolitan areas with high concentrations of corporate clients. The franchise's positive customer ratings across numerous reviews indicates consistent service delivery, particularly important in the staffing industry where reputation drives client acquisition.

The limited presence in large markets like California, Florida, and Texas presents significant expansion opportunities, especially in metropolitan areas with robust professional services sectors. The northeastern concentration aligns with dense business districts and professional workforce populations, suggesting a strategic focus on markets with high demand for specialized recruitment services.

Successful locations typically operate in areas with high business density, proximity to corporate headquarters, and strong professional talent pools. Ideal markets should demonstrate strong employment growth, diverse industry presence, and median household incomes above $75,000. Prospective franchisees should prioritize locations near business districts with high concentrations of mid to large-sized companies, particularly in underserved markets outside the northeast corridor where competition may be less intense.
Total US Locations170
Open Franchises170
Corporate Locations0
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind MRI Network. Learn about the experience and expertise of the executive team guiding MRI Network's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving MRI Network. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review MRI Network's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about MRI Network's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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