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Below is an in-depth analysis and side-by-side comparison of Med+/ MedPlus Home Health Care vs More Space Place including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $50,000 - $75,000 | $102,800 - $185,100 |
Franchise Fee | $24,000 | $29,500 |
Royalty Fee | - | 5% |
Advertising Fee | - | - |
Year Founded | 2004 | - |
Year Franchised | 2010 | - |
Term Of Agreement | - | 10 years |
Term Of Agreement | - | 10 years |
Renewal Fee | - | Lesser of initial, current fee |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | Yes | No |
International Expansion | - | Yes |
No longer franchising - Acquired by Closet & Storage Concepts