Health care services and products are tremendously popular nowadays. The trend means good prospects for Health care franchises in 2022. Running through the list of Top 10 businesses listed here, we spotted the same brand names which have been successful for the past years. It shows the stability and reliability of the industry in the USA.
To date medical industry has been one of the most promising worldwide. In the USA it is also growing fast. According to the Bureau of Labor Statistics 14.3 million people work in healthcare industry and the number is expected to double in the next eight years. If you are an entrepreneur who is looking for opportunities in healthcare, we suggest choosing a business which offers a long-term growth. It is also important to remember that employees working in healthcare should get appropriate education , trainings and be certified, otherwise the business will not be able to comply with the local or state laws. We hope our listing of healthcare franchises below will help you make the right choice.
Founded in: 1995
Franchising since: 2003
Franchise units: 149 Worldwide
Initial investment: $117,000 - $348,000
Initial Franchise Fee: $25,000
Ad Royalty Fee: $820/mo.
Good Feet Worldwide, LLC manufactures their own patented products like prefabricated arch supports and foot cushions available only in their retail stores and also offers athletic and casual shoes from leading manufacturers with a focus based on their structural integrity and high-quality performance and sells foot-related accessories. In each franchise store, employees help customers find the right arch support for their arch size and lifestyle, choosing from 25 different styles.
Founded in: 1935
Franchising since: 1988
Franchise units: 2,949 Worldwide
Initial investment: $150,000 - $389,000
Initial Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 3%
General Nutrition Centers is the American company selling ealth and nutrition related products, including vitamins, supplements, minerals, herbs, sports nutrition, diet, and energy products. GNC retail stores are a combination of corporate-owned and franchised stores, commonly located within urban shopping malls and shopping zones. The franchise offered is the license to operate a GNC retail store at a fixed location.
Founded in: 2004
Franchising since: 2006
Franchise units: 487 Worldwide
Initial investment: $581,000 - $695,000
Initial Franchise Fee: $42,500
Ongoing Royalty Fee: 5 - 6%
Ad Royalty Fee: 5%
Hand & Stone Massage and Facial Spa offers various massages including Swedish massage, hot stone massage, couples massage, foot massage and facials. Hand & Stone is the perfect opportunity in the growing health and wellness industry and the company's business model helps entrepreneurs from all walks of life discover a rewarding new lifestyle. Profit from a proven franchise model in the fast-growing health and wellness industry.
Founded in: 1994
Franchising since: 1995
Franchise units: 1,141 Worldwide
Initial investment: $128,000 - $160,000
Initial Franchise Fee: $59,000
Ongoing Royalty Fee: 5%
Ad Royalty Fee: 2%
Home Instead Senior Care is the largest senior care franchise in the world, with 1000+ independently owned and operated offices worldwide. Many home care agencies focus on lower-level home care. Among these types of companies, Home Instead Senior Care stands out, not only because it offers all forms of companion and personal care services, but because it also gives its caregivers significant training in managing chronic conditions and providing care for those at the end of life. Combined with the company’s proprietary CARE program—which gives caregivers specialized training in memory care issues—Home Instead’s approach offers clients reliable expertise in some of the biggest challenges facing seniors hoping to age in place, making them a good choice for basic care for those with specialized needs. Franchising with Home Instead Senior Care provides the opportunity to own your own home care business.
Founded in: 2002
Franchising since: 2003
Franchise units: 1,112 Worldwide
Initial investment: $552,000 - $912,000
Initial Franchise Fee: $45,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 2%
Massage Envy believes everyone deserves a customized massage or facial, so we make your relaxation and comfort our priority. Massage Envy's business model can set you up for success with a new franchise.
Founded in: 2012
Franchising since: 2013
Franchise units: 381
Initial investment: $139,000 - $362,000
Initial Franchise Fee: $49,000
Royalty Fees: 6%
Fyzical Therapy & Balance Centers offer physical therapy, balance retraining and fall prevention, sports rehabilitation, fitness programs and individualized wellness programs. FYZICAL’s business model is specifically designed to give your patients the health and fitness they want and need while also making you a dominate player in the future of healthcare; thereby ensuring your success and prosperity.
Founded in: 1982
Franchising since: 2008
Franchise units: 171
Initial investment: $1,000,000 to $1,400,000
Initial Franchise Fee: $60,000
Ongoing Royalty Fee: 6%
American Family Care is a network of family care and urgent care clinics designed, equipped and staffed to provide accessible primary care, minor emergency treatment, and occupational medicine. If you’re looking for a way to break into the booming healthcare franchise industry, there’s no better way than to invest in an AFC clinic of your own.
Founded in: 1966
Franchising since: 1966
Franchise units: 621 Worldwide
Initial investment: $129,000 - $202,000
Initial Franchise Fee: $50,000
Ongoing Royalty Fee:: 3.5 - 5.5%
Ad Royalty Fee:: 0.25%
Interim HealthCare®, founded in 1966, is the leading home care, hospice and medical staffing company. Interim’s more than 300 independently owned and operated franchise locations provide a variety of home health, senior care, hospice, palliative care, pediatric care and healthcare staffing services. Franchisees employ nurses, therapists, aides, companions and other healthcare professionals.
Founded in: 1961
Franchising since: 1980
Franchise units: 457 Worldwide
Initial investment: $70,000 - $650,000
Initial Franchise Fee: $30,000
Ongoing Royalty Fee: 7%
Ad Royalty Fee: 8%
Pearle Vision offers personal eye examination services, including senior and child eye care services; eyewear and eyewear accessories, compare and precision lenses, multifocal lenses, contact lens, sunglasses, and frames. It also provides adjustment, repair, exchange, and replacement services. Optical franchise generates revenue while helping Licensed Owners stay focused on patient care.
Founded in: 2006
Franchising since: 2006
Franchise units: 155 Worldwide
Initial investment: $81,000 - $153,000
Initial Franchise Fee: $48,000
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Ongoing Royalty Fee: 5 - 4%
Ad Royalty Fee: 0.5%
Assisting Hands Home Care provides senior home care services. The company offers companionship, meal preparation, medication reminders, errands and shopping, light housekeeping and laundry, help with bathing and dressing, and some offices provide home health care nursing services, such as therapy, medication administration, and wound care.
Conclusion
To summarize, we can say any of the listed above health care franchises is worth buying. But there is a lot to consider while choosing the best one for you. Pay attention to the reputation of the brand, what training and support are offered, check if the other franchisees are successful. But the main thing you need to do is to align your budget with investment requirements of the brand. In order to ease the challenge, we have made the comparison flowchart of the best health care franchises in the USA for you. It shows the minimum estimated initial investment and initial franchise fee of each brand. By using it, you can figure out the difference in financial requirements for each franchise, and decide which one fits you the most.
View all Medical & Healthcare Franchises