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Below is an in-depth analysis and side-by-side comparison of MEDIchair vs American Family Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $350,000 | $114,500 - $1,441,500 |
Franchise Fee | $50,000 | $60,000 |
Royalty Fee | 5% of annual gross sales | 6% |
Advertising Fee | - | 1% |
Year Founded | 1985 | 1982 |
Year Franchised | - | 1985 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | *A motivated, self-starter *Totally focused and 100% committed to the business *A people person *Communicative – they reach out and ask for advice *Understands and executes marketing *Follows the system *Supportive of other franchisees – team player *Passion for helping others *Have family and friends that support their business |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | American Family Care will provide a multi-day detailed training session prior to the time of your opening plus on-site assistance as you initiate operations. There is no additional charge for this training service but you must pay any travel and living expenses while attending the training at our offices. On-The-Job Training: 86 hours Classroom Training: 24 hours Additional Training: At master locations |
Support | - | We will continue to provide ongoing support services to you by phone, email, and periodic on-site visits to your location. We will also provide you with access to our online support website. Plus, we regularly update our operations manual with new procedures and other information designed to improve operations for all franchisees. There is support and training available for your operations, medical, marketing and other personnel. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Social media Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 8 |
Expansion Plans |
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US Expansion | - | Yes |
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.