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Updated RecentlySilver Cross Franchise
Home accessibility equipment
The home healthcare products market is valued at more than $4.3 billion, and is expected to continue to grow as the population continues aging, increases in lifespan occur, the cost of out of home health care and living options increase and more people wish to remain in their homes as they age. Silver Cross is the resource for recycled and new home health care equipment including stair lifts, patient lifts, scooters, wheelchairs, home elevators and wheelchair lifts.
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How much does it cost to open a Silver Cross Franchise?
The investment required to open a Silver Cross Franchise is between $105,100-$137,100. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Silver Cross name.
Individual Unit Costs
- Initial Investment:
$105,100-$137,100 - Initial Franchise Fee:
$25,000 - Royalty Fee:
5% - Advertising Fee:
N/A - Term of Agreement:
5 years - Renewal Fee:
$5K
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Savaria Corporation, which bills itself as North America's leader in the accessibility industry, has opened a new Silver Cross franchise in SudburyServing Sudbury, North Bay, Elliot Lake and the surrounding communities with home medical equipment, the new store is the first franchise opened since Sa...
Silver Cross News & Press Releases
When did Silver Cross start Franchising? 1994
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 3 | 9 | 0 | 0 |
| 2004 | 0 | 8 | 0 | 0 |
| 2003 | 0 | 6 | 0 | 0 |
| 2002 | 0 | 6 | 0 | 1 |
| 2001 | 0 | 5 | 0 | 1 |
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Training
New franchise owners partake in a structured one month training program at the corporate store in Oakville Ontario. Learning from experienced and successful previous owners means you hit the ground running.
Support
Meetings, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Ad slicks
; 0% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Silver Cross Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Silver Cross and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Silver Cross franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Silver Cross
Silver Cross
14 Goodmark Place
Toronto,
ON
M9W 6R1