Start-Up Costs and Fees |
||
| MRI Worldwide | Cybertary | |
| Investment | 66635 - 99785 | 40000 - 78000 |
| Franchise Fee | ||
| Royalty Fee | 9%-3% | 5%/ Min.$400+$100 Technology Fee/month |
| Advertising Fee | 0.50% | 1%/ Min.$20/Mo. |
| Year Founded | 1957 | 2005 |
| Year Franchised | 1965 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MRI Worldwide | Cybertary | |
| Experience | Industry experience Sales/sales management background preferred | |
Financing Options |
||
| MRI Worldwide | Cybertary | |
| Franchise Fees | No | Yes |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| MRI Worldwide | Cybertary | |
| Training | An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system. |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage. |
| 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 |
||
| MRI Worldwide | Cybertary | |
| US Expansion | Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| MRI Worldwide | |
| Cybertary | |
| Franchise Fee | |
| MRI Worldwide | |
| Cybertary | |
| Royalty Fee | |
| MRI Worldwide | 9%-3% |
| Cybertary | 5%/ Min.$400+$100 Technology Fee/month |
| Advertising Fee | |
| MRI Worldwide | 0.50% |
| Cybertary | 1%/ Min.$20/Mo. |
| Year Founded | |
| MRI Worldwide | 1957 |
| Cybertary | 2005 |
| Year Franchised | |
| MRI Worldwide | 1965 |
| Cybertary | 2006 |
| Term Of Agreement | |
| MRI Worldwide | 10-20 years |
| Cybertary | |
| Renewal Fee | |
| MRI Worldwide | |
| Cybertary | |
Business Experience Requirements |
|
| Experience | |
| MRI Worldwide | Industry experience Sales/sales management background preferred |
| Cybertary | |
Financing Options |
|
| Franchise Fees | |
| MRI Worldwide | No |
| Cybertary | No |
| Start-up Costs | |
| MRI Worldwide | |
| Cybertary | |
| Equipment | |
| MRI Worldwide} | |
| Cybertary | |
| Inventory | |
| MRI Worldwide | |
| Cybertary | |
| Receivables | |
| MRI Worldwide | |
| Cybertary | |
| Payroll | |
| MRI Worldwide | |
| Cybertary | |
Training & Support |
|
| Training | |
| MRI Worldwide | |
| Cybertary | An extensive 4-binder Training & Operations set of manuals; 4 days of intensive training in the corporate headquarters |
| Support | |
| MRI Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Cybertary | 90 days of weekly one-on-one coaching sessions to build your business; Unlimited and ongoing continuing education resource for expanding their technical skills and services through a self-paced, web-based training system. |
| Marketing | |
| MRI Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Cybertary | Complete marketing startup package including business cards, brochures, portfolios, note cards, logo shirt, and auto signage. |
| Operations | |
| 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) |
| Cybertary | |
Expansion Plans |
|
| US Expansion | |
| MRI Worldwide | |
| Cybertary | Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Iowa, Kansas, Kentucky, Louisiana, Maine, Massachusetts, Mississippi, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Washington, West Virginia, Wyoming |
| Canada Expansion | |
| MRI Worldwide | 0 |
| Cybertary | |
| International Expansion | |
| MRI Worldwide | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |
| Cybertary | |