Not Ranked

Initial Investment

LOW: $132,815
HIGH: $214,884

Change in Units

+2.1% +1 UNITS (1 Year)
+6.4% +3 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1970

Franchising Since

2002 (14 Years)

Corporate Address

202 W. First St. South Boston, MA 02127-1110

CEO

Julian Gordon

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.

Financials

Financial Requirements

Initial Investment

$132,815 - $214,884

Net-worth Requirement

$75,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$49,250

Ongoing Royalty Fee

3-12%

Ad Royalty Fee

1-3%

Financing Options

Amramp offers in-house financing to cover the following: franchise fee

Amramp has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory, accounts receivable

Franchise 500® Rank History

Highest Rank: 272

Lowest Rank: 488

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new units internationally.

Operations & Franchisor Support

Training at headquarters: 1 week

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 1st, 2015

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