Do you want to start a medical courier business franchise but you lack ideas? If YES, here is the best medical delivery franchise opportunity for sale and its cost. A medical courier and delivery business is a very good way to step into the world of entrepreneurship. A medical courier company has little overhead and an array of ways for determined business owners to make money.
It is not just hospitals that make use of medical supplies. There are literally millions of people who order supplies online or need specific items delivered to them daily. Whether you hire drivers or deliver personally, the medical courier business is an open road for interested individuals. The necessary licensing, knowledge of handling medical supplies and samples, and reliable employees in the proper dress are the beginning of your medical courier service.
The franchise business model has been applauded by some as one of the greatest business models ever developed. It has proven time and time again to be successful when run properly and in addition, it is usually easy to become a franchise owner.
Going for a franchise business model allows business owners to grow their businesses without having to spend substantial amounts of their own money to build new units. In this vein, the risk that is associated with establishing and running a new business will be transferred to the franchisee who is responsible for coming up with the initial capital.
For new entrepreneurs who have very little business experience, franchising gives them a successful business model to follow, which can relieve some of the uncertainty associated with starting a business venture from scratch. The franchisee will have to not only abide by the franchise contract and run their business according to the operations manual, but, they will also have to pay an upfront franchise fee (license fee), and ongoing royalties.
The franchisee will also have to pay royalties to the franchisor. The royalties are usually based on a percentage of gross sales. Royalties range anywhere from 4 percent to 9 percent. Some franchisors on the other hand charge a flat monthly royalty fee. In addition to royalties, franchisees usually pay into a national monthly advertising/marketing fund, which amounts to 1-2% of gross sales.
Here are some of the best medical courier and delivery franchises to buy in the United States of America.
Best Medical Courier & Delivery Franchise Opportunities for Sale and Their Cost
1. EZ Pro Delivery
EZ Pro delivery is a business that provides same day delivery service for items such as Dry ice, X-rays, Legal documents and lab specimens. They specialize in handling, packaging and shipping around the US of infectious and diagnostic medical lab specimens including organ donor pickup and delivery to the proper facility. The franchise typically requires between 2,000 and 2.500 square feet of office/warehouse space.
You will need a Liquid Capital of about $119,075 – $161,392 to run this business. You will spend a minimum of $3,000 on grand-opening advertising during the first three months of operation. You will also spend at least 2% of your gross sales per month on local advertising. In addition, you will be expected to make Marketing Fund contributions of up to 2% of your weekly gross sales.