Start-Up Costs and Fees |
||
| Mom Corps | MRI Worldwide | |
| Investment | 39200 - 63700 | 66635 - 99785 |
| Franchise Fee | ||
| Royalty Fee | 6% -16% | 9%-3% |
| Advertising Fee | 0.50% | 0.50% |
| Year Founded | 2005 | 1957 |
| Year Franchised | 2009 | 1965 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mom Corps | MRI Worldwide | |
| Experience | Industry experience Sales/sales management background preferred | |
Financing Options |
||
| Mom Corps | MRI Worldwide | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | Yes | No |
| Payroll | Yes | No |
Training & Support |
||
| Mom Corps | 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 |
||
| Mom Corps | 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 | |
| Mom Corps | |
| MRI Worldwide | |
| Franchise Fee | |
| Mom Corps | |
| MRI Worldwide | |
| Royalty Fee | |
| Mom Corps | 6% -16% |
| MRI Worldwide | 9%-3% |
| Advertising Fee | |
| Mom Corps | 0.50% |
| MRI Worldwide | 0.50% |
| Year Founded | |
| Mom Corps | 2005 |
| MRI Worldwide | 1957 |
| Year Franchised | |
| Mom Corps | 2009 |
| MRI Worldwide | 1965 |
| Term Of Agreement | |
| Mom Corps | |
| MRI Worldwide | 10-20 years |
| Renewal Fee | |
| Mom Corps | |
| MRI Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Mom Corps | |
| MRI Worldwide | Industry experience Sales/sales management background preferred |
Financing Options |
|
| Franchise Fees | |
| Mom Corps | Yes |
| MRI Worldwide | Yes |
| Start-up Costs | |
| Mom Corps | |
| MRI Worldwide | |
| Equipment | |
| Mom Corps} | |
| MRI Worldwide | |
| Inventory | |
| Mom Corps | |
| MRI Worldwide | |
| Receivables | |
| Mom Corps | |
| MRI Worldwide | |
| Payroll | |
| Mom Corps | |
| MRI Worldwide | |
Training & Support |
|
| Training | |
| Mom Corps | |
| MRI Worldwide | |
| Support | |
| Mom Corps | |
| MRI Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Mom Corps | |
| MRI Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Mom Corps | |
| 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 | |
| Mom Corps | 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 | |
| Mom Corps | |
| MRI Worldwide | 0 |
| International Expansion | |
| Mom Corps | |
| MRI Worldwide | Asia, Australia,New Zealand, Eastern Europe, South America, Western Europe, |