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Below is an in-depth analysis and side-by-side comparison of MEDIchair vs Medstock including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $350,000 | $54,450 - $67,450 |
Franchise Fee | $50,000 | $20,000 |
Royalty Fee | 5% of annual gross sales | 5% |
Advertising Fee | - | - |
Year Founded | 1985 | - |
Year Franchised | - | - |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
MEDIchair, a LifeMark Health Management company, is North America's largest and fastest growing Home Medical Equipment (HME) franchise company with stores coast-to-coast across Canada. MEDIchair stores carry a comprehensive line of products including wheelchairs, scooters, lift chairs, bathroom safety products, home accessibility solutions and soft/disposable personal health care products such as incontinence supplies, wound care, compression and bracing. These specialty products are designed to enhance the quality of life for people experiencing disabilities, injuries, surgeries and aging. MEDIchair prides itself on providing caring, knowledgeable and highly trained consultants committed to finding the right home health care product solution for each customer.
If you're looking for a franchise with a high earning potential and a great quality of life, Medstock is 'just what the doctor ordered'. As a Medstock franchisee, most of your sales will start in the field. Instead of spending a lot of marketing dollars and waiting for customers to come to you, you'll go to them. This active sales approach sets us apart from our competition and lets our clients know that we care about them. Once a relationship with a client has been established, they can conveniently place and track orders with you through the Medstock Web site. The site features advanced fulfillment, customer management and accounting systems, and generates new business by having priority listings with the top search engines. Best of all, these on-line leads are sorted by zip code so you automatically get all the business within your territory.