How Much Does It Cost to Open an Urgent Care Franchise with AFC?
If you’ve recently decided that becoming part of a franchise brand is your next career move, but you’re not sure which industry is right for you, one of the first things to consider is cost. Investing in a franchise can seem like an expensive career decision, but doing so with American Family Care (AFC), comes with plenty of benefits and puts you in an industry that is more robust than ever. Urgent care facilities continue to meet important needs in an expansive market, and here, we’ll take a brief look at how much it costs to open an urgent care clinic with AFC.
Your Initial Investment
The start-up costs, or initial investment, associated with opening an AFC clinic include just about everything you’ll need to get your clinic going. This total investment is estimated to be between $1,008,000 and $1,441,500, depending on a number of factors, including the location of your franchise and whether it’s a single or multi-unit investment. This range includes the initial franchise fee of $60,000 as well as real estate costs and other essential expenses. The good news is that AFC franchisees have real estate options: They can construct a clinic from the ground up or find an existing location to lease.
Additionally, if you already own an urgent care clinic but want to improve your bottom line, we offer the option of converting your existing facility to an American Family Care franchise. The total initial investment is estimated to range from $144,500 to $480,500 and includes an initial fee of $45,000.
No matter which option you choose, when you decide to invest in an AFC clinic of your own, you’re deciding to invest not only in your future as a business owner but in the health of your community as well, for a much more meaningful return on your investment.
Ongoing Support and Marketing Services
AFC provides an affordable franchise opportunity that is a step above competitors in the industry. Franchise owners are provided with ongoing support in the form of marketing, training, and professional development efforts. In order to take advantage of AFC’s comprehensive support and operate under the recognized and respected AFC brand name, franchisees pay a monthly royalty fee of 6% of their gross sales.
Net Worth and Liquid Capital Requirements
Small businesses take time to grow and establish, so to ensure you have enough capital to succeed, AFC requires potential franchisees to demonstrate a net worth of at least $1,200,000 and have access to $550,000 in liquid cash. While establishing your customer base, you’ll want to be able to manage and nurture the business. AFC has done the research and has set both the net worth and liquid capital requirements so that our franchisees are prepared right from the get-go.
The Small Business Association is a great source for entrepreneurs to certify funding for a franchise. They also have an abundance of related documents and other resources that are beneficial during the franchising process.
For more information on the cost of opening an urgent care franchise with American Family Care, reach out today.
