Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$211K - $526K
- Units as of 2021
Here’s what you need to know if you’re interested in opening a Maxcare Clinic franchise.
Maxcare Clinic strives to offer a wide range of health care services for patients at an affordable price. Founded in 2018, they operate walk-in clinics that are located in neighborhoods. Maxcare Clinic is patient-focused and offers blood tests, physical evaluations, lab tests, vaccines, weight loss treatments, and much more.
Maxcare Clinic has been franchising since 2020 and is actively looking to expand throughout the United States.
Why You May Want to Start a Maxcare Clinic Franchise
Starting a Maxcare Clinic franchise may provide the opportunity to help provide affordable medical services to communities. With the use of a proven business model, you may gain access and own a Maxcare Clinic that can experience success.
A franchisee with the Maxcare Clinic needs to be patient-focused while providing excellent health care to help lead the medical industry. You should be keen on building a strong relationship with your community and its members.
Becoming a franchisee with Maxcare Clinic may mean you will have to operate an experienced team of medical professionals, be friendly, and build good relationships with patients. The service must be professional and offer quality treatments; the Maxcare Clinic is all about high standards.
What Might Make a Maxcare Clinic Franchise a Good Choice?
Opening a Maxcare Clinic franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
To be part of the Maxcare Clinic team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
To become a Maxcare Clinic provider, there are some things you may need to consider first. Location is important, and you should be able to offer walk-in services near convenient locations. The target Maxcare Clinic customer ranges from busy commuters to residents and visitors.
How To Open a Maxcare Clinic Franchise
As you decide if opening a Maxcare Clinic franchise is the right decision for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Maxcare Clinic franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Maxcare Clinic franchising team questions.
As a franchise, Maxcare Clinic offers proprietary software for the clinic to use. The digital medical charts may keep patient records confidential and easy to reference if a patient makes a return visit. Maxcare Clinic also provides possible location planning and helps with launching and ongoing marketing.
About Maxcare Clinic
- Franchising Since
- 2020 (2 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees throughout the US.
- # of Units
- 1 (as of 2021)
- Corporate Address
2789 Park St.
Jacksonville, FL 32205
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Maxcare Clinic franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $211,250 - $526,350
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $500,000 - $1,000,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $200,000 - $400,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 7 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Maxcare Clinic has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 12 hours
- Classroom Training
- 48 hours
- Ongoing Support
Meetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Ad TemplatesNational MediaSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- # of employees required to run
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Are you eager to see what else is out there? Browse more franchises that are similar to Maxcare Clinic.
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