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Below is an in-depth analysis and side-by-side comparison of MEDIchair vs 101 Mobility 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 | $116,560 - $215,120 |
Franchise Fee | $50,000 | $35,000 - $60,000 |
Royalty Fee | 5% of annual gross sales | 5%-7% |
Advertising Fee | - | 1.25% Nat'l |
Year Founded | 1985 | 2008 |
Year Franchised | - | 2010 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | The 101 Mobility franchise opportunity is about scaling a business and being a leader. The skills we seek are tenacity, leadership, organization, and precision, among others. Installation and service work in your territory will be completed by a 101 Mobility trained contractor or employee that you will hire. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | You will have a two week training session at corporate headquarters in Wilmington, NC. In your territory, there will be a three day field training course. In addition you will receive in-the-field training from your coach as well as weekly phone support meetings. On-The-Job Training: 40 hours Classroom Training: 80 hours |
Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 4 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
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.
Are you are looking to secure your future with an opportunity that is both professionally and personally rewarding?
101 Mobility can offer you just that. As one of the largest dealers of mobility products and solutions, with a sales force covering multiple states across the country, we are on the move and seeking motivated entrepreneurs who can help us reach our goals.
In exchange for your dedication to the 101 Mobility franchise program, we will provide access to our detailed business system, best-in-class mobility products, comprehensive training, latest business technologies and more. It's all been designed and planned by experienced leaders committed to helping you grow your franchise business.
101 Mobility owns valuable intellectual property such as our proprietary Mobilink database; and our semi-monthly newsletter and blog Rotations which reaches thousands and thousands of interested readers who want to stay informed of the latest in mobility news, lifestyle, and information.
So join our franchise system now and become part of an established concept, a hard-working professional team, and a booming market.