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Entrepreneur: Start & Grow Your Business

Passport Health Inc.

Immunization/vaccination service for international travelers

Background

Founded: 1995 Franchising since: 1997
Founded in 1995, Passport Health provides vaccinations, counseling and supplies to international travelers. Passport's low-cost services are offered through hospitals and stand-alone centers. Franchisees even make house calls.
921 E. Fort Ave., #102
Baltimore, Maryland 21230
Phone:
(410)727-0556


Franchisor has 5 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 70 0 0 1
2008 65 0 0 1
2007 59 0 0 2
2006 56 0 0 2
2005 45 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Canada, Central america, Mexico, South america, Western europe

Exclusive territories available.
Territory size: Several counties surrounding metropolitan area

Special Programs
Passport Health has worked with FEMA.

Costs and Fees

Total investment: $63.6K-166.5K
Franchise fee: $25K-100K
Ongoing royalty fee: 7-5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $76K-150K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience
  • Good business sense & diligence in following company guidance

Operations
  • 1% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 3 days
  • On-location marketing assistance : 2 days-1 week

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

Other marketing support
  • Website, national contracts negotiations

Rankings

Franchise 500® rank:
#403 (2009); #373 (2008); #331 (2007); #392 (2006); #382 (2005);