Management Recruiters International
MRINetwork provides recruiting and placement services for companies looking to hire administrative, technical, managerial, professional, and sales employees. We work in direct hire, executive search, and contract staffing, including temporary help services. Our business helps employers find qualified people for open positions through a structured staffing and recruiting system, supported by training, sales tools, quality controls, and ongoing operational support. We serve businesses and organizations that need to fill important roles efficiently and consistently. Our offices operate as professional staffing and recruiting businesses under the MRINetwork, Management Recruiters, and related brands.
Your franchise match score
Business & Professional Services
Brand highlights
- CEORichard F. Hermanns
- Headquarters111 Springhall Drive, Goose Creek, SC, 29445
- Year founded2021
- Year started franchising1965
- IndustryBusiness & Professional Services
- Locations open170 (-95 last three years)
Statistics & metrics
- Investment range$44,050 - $96,090
- Franchise fee$40,000
- RoyaltyThe royalty fee is: 9% on the first 500,000 of Net Cash In; 7% on Net Cash In from $500,001 to $1,000,000; 5% on Net Cash In from $1,000,001 to $2,000,000; and 3% on Net Cash In that exceeds $2,000,000.
- Brand fund0.5% of Gross Funds.
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-05-16
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Management Recruiters International, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Management Recruiters International franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Management Recruiters International franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Management Recruiters International franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Management Recruiters International. | |
| Financial Performance Representations | Review any financial performance information Management Recruiters International provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 170 |
| Franchise locations | 170 |
| Corporate locations | 0 |
System growth over time
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