Questions About the Medcross® Health Care Franchise
Want to learn more about being a Medcross® health care franchise owner? Here are answers to some frequently asked questions:
What experience to I need to have to own a franchise with Medcross® Health Care?
We look for franchise owners who will be driven by a desire to grow in business and to help others during a time of need. Franchise owners will need to have the skills necessary to learn the Medcross® system and develop a strong operations team within their franchised business. We seek like-minded professionals who can demonstrate an ethical approach to business overall, and who can adequately manage business operations, client interaction, staffing, and more.
What is provided as part of the Medcross® health care franchise system?
Medcross® health care will provide a pre-opening training program for franchise owners at our corporate headquarters for one week. In addition, a representative of Medcross® will spend up to two days assisting the franchisee and their staff on-site at the franchisee’s location. Franchise owners will be trained on the operation of the business, billing techniques as well as the proper techniques for patient care. Of course, after you are open for business, we will be there to provide remote support and ongoing guidance, and answer questions you may have. And, we will present you with a copy of our confidential operations manual to help you run your franchise properly on a day-to-day basis.
How much will the Medcross® health care franchise investment cost me?
The total investment to begin operation of a Medcross® start-up franchise is estimated to be between $99,550 and $137,750. This investment amount includes an initial franchise fee of $55,000 with discounts available for conversion franchises. As with any new business venture, it’s important that you have the capital needed to adequately fund your new business.
Are there ongoing fees paid to the franchisor?
We charge a royalty fee equal to 7.5% of gross sales. These fees allow us to fund our ongoing support services and the continued development of program resources, marketing tools, training programs, and systems upgrades, as well as the use of our centralized call center to assist with prospective customers.
Are there any advertising fees?
Franchisees will be required to contribute up to 2% of gross revenues to our system-wide marketing fund. The franchisee will spend the greater of 1% of gross revenue or $1,000 monthly on local marketing and must be implemented in a format and using materials and designs approved by Medcross®. The franchisee must submit receipts documenting their marketing activity. Medcross® will also require that franchisees focus media advertising and direct mail advertising within their own APR. Within the first sixty days of opening, Medcross® franchisees will be required to spend between $2,000 and $5,000 on initial launch marketing and promotions in their territory.
Is financing available?
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
What is the term of the franchise agreement?
The initial term of your franchise agreement is seven years, with two subsequent successor options of five years each.
How do I get started?
If you’re interested in learning more about how to open a home care business with Medcross®, click here to request more information. Or you can contact us at (703) 864-8362 to discuss the possibility of setting up a meeting, speaking with our key management staff, and receiving our FDD (Franchise Disclosure Document), which contains all the important details you’ll need to make an informed decision.
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Call us 703.864.8362
9306-A Old Keene Mill Rd.
Burke, VA 22015
CALL (703) 864-8362
info@medcrosshealth.com
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This website and the franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a franchise disclosure document. Certain states require that we register the franchise disclosure document in those states. The communications on this website are not directed by us to the residents of any of those states. Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with applicable law.