Synergy HomeCare vs MEDIchair Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Synergy HomeCare vs MEDIchair including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Synergy HomeCare Franchise
MEDIchair Franchise
Investment $38,991 - $160,718$350,000
Franchise Fee $27,000 - $94,000$50,000
Royalty Fee 5%5% of annual gross sales
Advertising Fee 2%-
Year Founded 20001985
Year Franchised 2005-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
Synergy HomeCare Franchise
MEDIchair Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Synergy HomeCare Franchise
    MEDIchair Franchise
      In-House/3rd PartyIn-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

     
    Synergy HomeCare Franchise
    MEDIchair Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations Franchise can be run from home.

    Number of employees needed to run franchised unit: 1 - 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Synergy HomeCare Franchise
    MEDIchair Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Synergy HomeCare

    Join the Fastest Growing Franchise

    in the Fastest Growing Industry

    Turned into a Synergy HomeCare establishment proprietor and go along with one of the quickest developing non-therapeutic home care establishments in North America!

    * #3 in the Franchise Business Review's Franchise 50 Awards!
    * Recognized by Entrepreneur Magazine as one of the Top 500 Franchises!
    * MSNBC Top 10 Business List
    * Recession-confirmation
    * In-home senior care is the quickest developing industry
    * Low start-up expenses
    * Proven framework
    * Turn key operation

    There are presently more than 34 million individuals in the U.S. over age 65 - around 12% of the populace. In 25 years, this age gathering will develop to more than 70 million. With our built up establishment idea, you can help the opportune people give important non-restorative home care administrations - administrations that specifically affect the personal satisfaction of our customers and their families. Prepared for an establishment opportunity that will give you finish control over your budgetary future?

    1. Do the exploration

    Find out about Synergy HomeCare establishments, start-up necessities, history, inquiries and venture required.

    2. Get more data

    Ask for our UFOC and definite data.

    3. Discover what's next

    Find out about the way toward turning into a Synergy HomeCare franchisee.

    "Entrepreneur
    #467 in Franchise 500 for 2020.

    About MEDIchair

    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.