Passport Health Franchise
Thursday, May 13, 2010 at 10:57AM Travel medicine clinic
Founded in 1995, Passport Health provides vaccinations, counseling and supplies to international travelers. Passport's low-cost services are offered through hospitals and stand-alone centers. Franchise business owners even make house calls.
Start-up Costs & Franchises Fees
What is the total cost to open a Passport Health Franchises?
Total Cost: $52,950-$150,000 USD
Total Franchise Fees: $25,000 USD -$100,000 USD
Ongoing Royalty Fees: 7-5%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $3K
Contact Information for Passport Health
|
Passport Health Inc. |
Phone Number: (410)727-0556 |
Passport Health In the Press
No results at this time.Historical Expansion
In what year did Passport Health begin operations? 1995
When did Passport Health begin selling franchises? 1997
Year United States Canada International Corporate 2005 45 0 0 2 2004 42 0 0 1 2003 39 0 0 1 2002 34 0 0 1 2001 27 0 0 1
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, New Hampshire, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,
Countries of Interest: Canada, Western Europe,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Field support and site evaluation
Franchise Operation Restrictions
1% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 3
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Good business sense & diligence in following company guidance
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes