9/10

Franchimp Summary Rating

10 /10
Lower than 0% of peers

Franchise Summary

Description
The franchisee will operate a patient care business specializing in services and associated professional services for administration of related healthcare, utilizing the service mark "Vital Care. "
Company Background
Vital Care is a patient care franchise that offers the best in medical services. As a Vital Care franchisee, you will be able to provide your community with quality healthcare at affordable prices. The company specializes in everything from administration of related healthcare to professional services for administration of health-related businesses. We are proud to offer our patients and clients with quality service, all while maintaining an honest and ethical business operation.
Franchise Opportunity
Vital Care is a patient care business specializing in services and associated professional services for administration of related healthcare, utilizing the service mark "Vital Care." The franchisee will operate a patient care business specializing in services and associated professional services for administration of related healthcare. The franchisee will operate a patient care business specializing in services and associated professional services for administration of related healthcare. This includes but is not limited to health insurance enrollment assistance, disease management programs, medication therapy review (MTM), case management, telehealth/telemedicine applications and other similar activities that are primarily focused on assisting patients with their physical or mental health needs. These programs may be offered as part of an employer-sponsored wellness program or through direct marketing to individuals seeking such products or services. Through these efforts our client seeks to improve the overall quality of life for its customers by providing them with access to affordable medical treatment options that can lead to better overall health outcomes while
Corporate Structure
Vital Care, Inc. is an Alabama corporation incorporated on May 9, 1986. Their principal business address is 110 Lafayette Street, P. O. Box 1249, Livingston, Alabama 35470. They have been granting franchises for Vital Care businesses since May 1986.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Specialty Pharmacy & Infusion Services Industry

$4,665,709 / unit

Franchise Type: Standard

Average Revenue During 2020

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Vital Care Franchisees

Vital Care Franchise System Development in 2024

FAQ

How much investment do I need to start my own Vital Care business?
Franchisees typically require at least $555,750 to $1,005,735 investment to get their Vital Care business started
What are the initial franchise fees for Vital Care?
Franchisees typically need to pay at least $60,000 in fees directly to Vital Care in order to earn the right to launch their business
How much money can I make with a Vital Care franchise? What are the average revenues for a typical Vital Care business?
We estimate that the average revenue of an individual Vital Care unit is approximately $4,665,709. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Vital Care unit? What is my contractual commitment?
Vital Care franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10
The Franchisor's investment costs ranges from $555,750 to $1,005,735 which is Lower than the $0 to $0 average in the Specialty Pharmacy & Infusion Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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