Amramp

At a Glance

Products & Services: Wheelchair ramp rentals and sales

Number of Locations: 46

Total Investment: $131K - $219.9K

Founded: 1970

Began Franchising: 2002

About Amramp

Amramp's beginnings go back to 1970 and a small producer of architectural metal items-- such as stairs, rails, fire doors and security products-- used by contractors and architects. In 1998, the company patented a modular ramp system that became the focus of their business-- and later, their franchise program. In addition to renting and selling wheelchair ramps, Amramp franchisees offer other accessibility solutions such as lifts, automatic door openers and grab bars.

Franchise Units

Year U.S. Canadian International Company Owned
2014 44 1 0 1
2013 42 1 0 1
2012 43 1 0 1
2011 42 0 0 1
2010 43 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Colorado, Delaware, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Louisiana, Maryland, Maine, Michigan, Missouri, Mississippi, Midwest, North Carolina, New Hampshire, New York, Ohio, Oregon, Pennsylvania, South, Southeast, Southwest, Tennessee, Texas, Utah, Vermont, West, Wisconsin, West Virginia.
Franchisor is seeking new units in Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $131,015 - $219,900
Franchise Fee: $49,250
Ongoing Royalty Fee: 12%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $75,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #488 (2013), #485 (2012), #272 (2011), #329 (2010),
Top Home-Based: #83 (2011), #94 (2010),