Start-Up Costs and Fees |
||
| Essential Pros | MRI Worldwide | |
| Investment | 120850 - 201000 | 66635 - 99785 |
| Franchise Fee | ||
| Royalty Fee | up to 5.5% | 9%-3% |
| Advertising Fee | 0.50% | 0.50% |
| Year Founded | 2018 | 1957 |
| Year Franchised | 2019 | 1965 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Essential Pros | MRI Worldwide | |
| Experience | Industry experience Sales/sales management background preferred | |
Financing Options |
||
| Essential Pros | MRI Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Essential Pros | MRI Worldwide | |
| Training | ||
| 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 | |
| Operations | 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 |
||
| Essential Pros | MRI Worldwide | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Essential Pros | |
| MRI Worldwide | |
| Franchise Fee | |
| Essential Pros | |
| MRI Worldwide | |
| Royalty Fee | |
| Essential Pros | up to 5.5% |
| MRI Worldwide | 9%-3% |
| Advertising Fee | |
| Essential Pros | 0.50% |
| MRI Worldwide | 0.50% |
| Year Founded | |
| Essential Pros | 2018 |
| MRI Worldwide | 1957 |
| Year Franchised | |
| Essential Pros | 2019 |
| MRI Worldwide | 1965 |
| Term Of Agreement | |
| Essential Pros | |
| MRI Worldwide | 10-20 years |
| Renewal Fee | |
| Essential Pros | |
| MRI Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Essential Pros | |
| MRI Worldwide | Industry experience Sales/sales management background preferred |
Financing Options |
|
| Franchise Fees | |
| Essential Pros | |
| MRI Worldwide | |
| Start-up Costs | |
| Essential Pros | |
| MRI Worldwide | |
| Equipment | |
| Essential Pros} | |
| MRI Worldwide | |
| Inventory | |
| Essential Pros | |
| MRI Worldwide | |
| Receivables | |
| Essential Pros | |
| MRI Worldwide | |
| Payroll | |
| Essential Pros | |
| MRI Worldwide | |
Training & Support |
|
| Training | |
| Essential Pros | |
| MRI Worldwide | |
| Support | |
| Essential Pros | |
| MRI Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Essential Pros | |
| MRI Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Essential Pros | |
| MRI Worldwide | 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 | |
| Essential Pros | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| MRI Worldwide | |
| Canada Expansion | |
| Essential Pros | |
| MRI Worldwide | 0 |
| International Expansion | |
| Essential Pros | |
| MRI Worldwide | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |