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Below is an in-depth analysis and side-by-side comparison of Medstock 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 | $54,450 - $67,450 | $114,500 - $1,441,500 |
Franchise Fee | $20,000 | $60,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 1% |
Year Founded | - | 1982 |
Year Franchised | - | 1985 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
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 | - | - |
International Expansion | - | - |
If you're looking for a franchise with a high earning potential and a great quality of life, Medstock is 'just what the doctor ordered'. As a Medstock franchisee, most of your sales will start in the field. Instead of spending a lot of marketing dollars and waiting for customers to come to you, you'll go to them. This active sales approach sets us apart from our competition and lets our clients know that we care about them. Once a relationship with a client has been established, they can conveniently place and track orders with you through the Medstock Web site. The site features advanced fulfillment, customer management and accounting systems, and generates new business by having priority listings with the top search engines. Best of all, these on-line leads are sorted by zip code so you automatically get all the business within your territory.