MEDIchair vs Home Care Assistance Franchise Comparison

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

Start-Up Costs and Fees

 
MEDIchair Franchise
Home Care Assistance Franchise
Investment $350,000$86,000 - $245,250
Franchise Fee $50,000$55,000
Royalty Fee 5% of annual gross sales5%
Advertising Fee --
Year Founded 19852003
Year Franchised -2004
Term Of Agreement --
Term Of Agreement --
Renewal Fee -10% of franchise fee


Business Experience Requirements

 
MEDIchair Franchise
Home Care Assistance Franchise
Experience --

Financing Options

 
MEDIchair Franchise
Home Care Assistance Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-No/Yes
Inventory -/-No/Yes
Receivables -/-No/Yes
Payroll -/-No/Yes

Training & Support

 
MEDIchair Franchise
Home Care Assistance Franchise
Training - On-The-Job Training: 20 hours Classroom Training: 40 hours Additional Training: At franchisee's location yearly, 2-3 days; Online training & conferences
Support -Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing -Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations -Absentee Ownership Allowed Number of Employees Required to Run: 1 - 4

Expansion Plans

 
MEDIchair Franchise
Home Care Assistance Franchise
US Expansion -Yes
Canada Expansion NoNo
International Expansion NoYes

Company Overviews

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.

About Home Care Assistance

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If you are seeking a stable industry with guaranteed clients and virtually unlimited growth potential, look no further. Senior live-in home care is a rewarding and in-demand business and a perfect match for motivated entrepreneurs. More than any other franchise concept in the senior care industry, Home Care Assistance 1-866-4-LiveIn is poised to help you take advantage of this tremendous opportunity in the emerging senior care market.

The total investment necessary to begin operation of a single HCA Business is between $86,000 and $146,500. This includes $55,000 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of an Area Development business will be a minimum of $113,500, with no maximum. This includes a minimum of $82,500 that must be paid to the franchisor or an affiliate.
Veteran Incentives  10% off franchise fee