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Below is an in-depth analysis and side-by-side comparison of Passport Health vs Medihealth including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $29,500 - $69,500 | N/A |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 7-5% | - |
Advertising Fee | - | - |
Year Founded | 1995 | 1999 |
Year Franchised | 1997 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $3K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Field operations/evaluations | - |
Marketing | - | - |
Operations |
1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Founded in 1995, Passport Health provides vaccinations, counseling and supplies to international travelers. Passport's low-cost services are offered through hospitals and stand-alone centers. Franchisees even make house calls.
Health screening and wellness franchise dedicated to preventative healthcare. The company is designed to provide services that augment the current care received from healthcare professionals.