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Updated RecentlyPassport Health vs MEDIchair Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Passport Health vs MEDIchair 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 | $350,000 |
| Franchise Fee | $25,000 | $50,000 |
| Royalty Fee | 7-5% | 5% of annual gross sales |
| Advertising Fee | - | - |
| Year Founded | 1995 | 1985 |
| Year Franchised | 1997 | - |
| 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 | No |
| International Expansion | Yes | No |
Company Overviews
About Passport Health
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.
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.