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Investment
Franchise Fee
An investment of $50,000 gives each Franchisee the
right to develop, own and operate one or more MEDIchair stores within
a defined area, using our business systems and trademarks.
Store Inventory
The operating inventory in your MEDIchair store consists
of highly marketable Home Medical Equipment products, which are
supplied to you by a host of Authorized Suppliers. Opening inventory
typically will be in the $100,000 range.
Royalty Fee
MEDIchair's Royalty Fee is the amount equal to five
percent of the Franchisee's annual gross sales. The Royalty Fee
is paid monthly. The Royalty Fee assures each Franchisee of continuing
benefits and services that include support from MEDIchair's Home
Office, regular advertising and promotional assistance, and collective
purchasing power.
Training
MEDIchair has developed an efficient basic training
program (Franchise School), consisting of a minimum of three days.
The MEDIchair Franchise School covers operating methods, marketing
programs and administrative procedures. The direct costs of this
training are covered in the Franchise Fee. MEDIchair also provides
ongoing training on a request basis.
Marketing
MEDIchair is dedicated to bringing you the very best
marketing tools to make your advertising and promotions cost-efficient
and effective. Each Franchisee must allocate a budget in order to
implement the marketing programs that MEDIchair develops on your
behalf. Implementation of these programs is not covered in the Franchise
and Royalty Fees.
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