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FranchiseVerdict

How Much Does a MRI Network Franchise Cost?

Data from the 2023 Franchise Disclosure Document

Investment Summary

Total Investment

$2K – $15K

Franchise Fee

N/A

Royalty

1.0%

Ad Fund

0.5%

Cost Breakdown

Initial Franchise Fee

MRI Network has not disclosed a standard initial franchise fee. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a MRI Network franchise requires a total investment of $2K – $15K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $0 to $5K.

Ongoing Costs

Beyond the initial investment, MRI Network franchisees pay ongoing fees. The royalty fee is 1.0% of gross sales (Percentage of revenue and flat fee). The advertising or brand fund contribution is 0.5% of gross sales.

Net Worth & Liquid Capital Requirements

MRI Network requires working capital of $0 – $5K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.

What Can You Earn?

MRI Network does not disclose earnings data in Item 19 of its Franchise Disclosure Document. Not all franchisors choose to publish financial performance representations, though this is a data point many prospective franchisees consider important.

Next Steps

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