|
Below is an in-depth analysis and side-by-side comparison of MEDIchair vs Doctors Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $350,000 | $743,500 - $1,124,500 |
Franchise Fee | $50,000 | $55,000 |
Royalty Fee | 5% of annual gross sales | 6% |
Advertising Fee | - | $1,000/mo. Local 1% Nat'l |
Year Founded | 1985 | - |
Year Franchised | - | - |
Term Of Agreement | - | 15 years +5+5+5+5 |
Term Of Agreement | - | 15 years +5+5+5+5 |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | You don't necessarily need experience in medical care. We look for franchisees that have business management and sales skills, and a desire to make a difference in people's lives. In addition, we believe physicians may find Doctors Express a great business. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
Training | - | Multi-day detailed training session prior to the time of your opening plus on-site assistance as you initiate operations. |
Support | - | Detailed operating manual, the rights to use our trademarks, and the license to utilize Doctors Express Operating model and national vendor rates. |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
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.