MEDIchair vs Modern Acupuncture Franchise Comparison

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

Start-Up Costs and Fees
 
MEDIchair Franchise
Modern Acupuncture Franchise
Investment $350,000$258,377 - $666,772
Franchise Fee $50,000$39,500
Royalty Fee 5% of annual gross sales7%
Advertising Fee -2%
Year Founded 19852016
Year Franchised -2016
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
MEDIchair Franchise
Modern Acupuncture Franchise
Experience --

Financing Options
 
MEDIchair Franchise
Modern Acupuncture Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
MEDIchair Franchise
Modern Acupuncture Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
MEDIchair Franchise
Modern Acupuncture Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

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 Modern Acupuncture

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Modern Acupuncture™ is transforming the alternative medicine market and acupuncture industry. Offering an approachable, natural pathway, validated by thousands of years of practice to better health and well-being, Modern Acupuncture™ is the first franchise to deliver the natural health and cosmetic benefits of acupuncture in a retreat-like setting in highly accessible neighborhood locations across the country.

#230 in Franchise 500 for 2021.   Not in Franchise 500 for 2020.