First, we’d like to congratulate you on taking your first steps toward owning a MediPlus Clinic franchise. Below are some quick facts about the offering.
START UP COST
$569,500 – $904,000
MONTHLY ROYALTY
Month 1-24: 3% of Gross Revenues then 12% Thereafter.
MONTHLY LOCAL AD
3% of Gross Revenue.
TERRITORY SIZE
A population size 250,000 people: or a 5 Mile Radius Whichever is lesser.
130 HOURS OF TRAINING.
• Introduction to MediPlus Clinic
• Daily Operations, patient flow and Management
• In-Store General Training
• CMS Rules and Regulations/HIPAA Compliance, and Certification
• OSHA Medical Training
• Production and Inventory Management
• Patient Relationship, Customer Service & Social Services
• Medicare, Medicaid & ACA commercial
• Do’s and Don’ts
• Marketing and advertising
• Billing
DID YOU KNOW?
Did you know? Successful health systems accomplish all these things cost-effective care, sustainable access, fair prices, better health outcomes, and a reliable return to stakeholders who fund the investments.
COST
Initial Franchise Fee: $94,000
Travel and Living Expenses While Training: $2,500 – $5,000
Real Estates Deposits and Pre Paid Expenses (3 months assumption): $9,000 – $18,000 Furniture, Fixtures, and Decor: $15,000 – $30,000
Leasehold Improvements: $200,000 – $300,000
Initial Inventory and Supplies: $5,000 – $10,000
Medical Equipment: $120,000 – $200,000
Business Licenses and Permits: $7,000 – $15,000
Grand Opening Advertising: $10,000 – $20,000
Computer and POS System: $4,000 – $6,000
Insurance (3 months): $2,500 – $5,000
Office supplies, TV, Cameras, and other equipment: $2,500 – $5,000
Signage: $5,000 – $10,000
Attorney and Accountant Expenses: $3,000 – $6,000
Additional Funds (3 Months): $90,000 – $180,000
Total Estimated Initial Investment: $569,500 – $904,000
THE HEALTHCARE INDUSTRY
The U.S. retail clinics market is projected to grow from $2.05 Billion in 2022 to $4.22 billion by 2029, at a CAGR of 10.8% in forecast period, 2022-2029.
The market size of the Health & Medical Insurance industry in the US has grown 3.6% per year on average between 2017 and 2022.
If managed properly, not only does running a private practice have the potential to yield a higher paycheck, but at the end of your career, it can be a very profitable business to sell.
Healthcare is a profitable industry to invest in because people will always need healthcare.
• Healthcare center with a track record of providing quality medical services to patients with diverse needs.
• Accepts all insurance plans, ensuring accessibility and affordability for patients .
• Insurance coverage includes, but is not limited to, Medicare, Medicaid, commercial plans, workers compensation, and cash payment options.
• Core mission of MediPlus Clinic is to provide patients with a holistic medical overview of their conditions and treatment options.
• Focus is on empowering patients to make informed decisions about their health.
• Places great emphasis on listening to patients, understanding their concerns, and addressing their needs with utmost care and attention.
Site Selection
We work directly with you and local commercial real estate brokers to identify locations, as well as advise you on lease negotiation. We will continue to provide support and construction insights.
Marketing
We use unique marketing strategies to keep our regular customers returning and to entice new ones to
Training
As part of your investment you will gain access to our comprehensive training program and operations manual. It’ll prepare you and your staff to handle all aspects of the business, including proper staffing, and customer service etiquette. We’ll share our knowledge with you and provide complete training on all things to help you successfully launch your new business!
Operations
It is our mission to keep your business operations as simple as possible. The simplicity of our established business operations helps you concentrate on running the business while spending time with your team members and making valuable connections with your consumers.