7/10

Franchimp Summary Rating

3 /10
Higher than 72% of peers
10 /10
Lower than 0% of peers

Franchise Summary

Description
You will operate a Management Recruiters (or Sales Consultantsif you purchase an existing Sales Consultants business) staffing and recruiting business, offering both permanent placement and contract staffing services.
Company Background
Steak Escape Express is the original franchise that puts an emphasis on quality food. With over 30 years of experience, Steak Escape Express provides high-quality steak sandwiches and other menu items to their customers. The company's mission is to provide a delicious meal in less than five minutes for those who are pressed for time or simply want something quick and easy.
Franchise Opportunity
You're looking for a quick, healthy meal but don't want to sacrifice quality or taste. It's hard to find a good meal that doesn't take long to prepare and doesn't cost a fortune. Steak Escape Express is the perfect solution. We specialize in fresh, made-to-order sandwiches, salads, potatoes and lemonade. Plus, we have unique in-store merchandising techniques that ensure you always get the highest quality products.
Corporate Structure
Management Recruiters International, Inc. is a Delaware corporation incorporated on January 5, 1972. They conduct business under their corporate name and in the names of their principal divisions and subsidiaries, Management Recruiters, Sales Consultants, OfficeMates 5, and MRI Contract Staffing, Inc. Their corporate headquarters is located at 1717 Arch Street, 35th Floor, Philadelphia, Pennsylvania 19103.

Franchisee Attrition

3 /10
This franchise's rate of attrition in 2016 of 8.14% was Slightly Higher than the 5% in the Personnel Services industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year. It is a strong indicator of the strength of the underlying operating model

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Distribution of Management Recruiters Franchisees

Management Recruiters Franchise System Development in 2021

FAQ

How much investment do I need to start my own Management Recruiters business?
Franchisees typically require at least $2 to $22 investment to get their Management Recruiters business started
What are the initial franchise fees for Management Recruiters?
Franchisees typically need to pay at least $2 in fees directly to Management Recruiters in order to earn the right to launch their business
How much money can I make with a Management Recruiters franchise? What are the average revenues for a typical Management Recruiters business?
We haven’t done the math on how much revenue a typical Management Recruiters brings in each year. We estimate that other franchisees in the Professional Services industry generate $960,856 revenue, so we would expect Management Recruiters to generate a similar amount
How long do I need to commit to running a Management Recruiters unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

10 /10
The Franchisor's investment costs ranges from $2,000 to $22,200 which is Much Lower than the $0 to $0 average in the Personnel Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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