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Medsonix
 

Medsonix has a new medical breakthrough technology that is FDA registered, holds a US Patent, also two University studies completed. This Therapy is a non-invasive and drug free method of dealing with wellness issues by using our acoustic wave system.

Franchisor Background

Year Established:

  2001

Franchising Since:

  2006

Operating Units:

Franchised Units:1 50%  
Company-Owned Units:1 50%  
 ______ _____  
Total Operating Units:2 100%  
 

Geographic Distribution:

U.S.:2 100% In 2 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:2 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California1
2. New York1

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$150K
Cash Investment:$125K
Total Investment:$125K
Average Total Investment:$125K
 

Fees:

Initial Franchise Fee:$80K
Average Franchise Fee:$80K
On-Going Royalty:12%
Average Royalty:12%
Advertising Fee:0

Average Number of Employees:

   2 Full-time, 0 Part-time

Space Needs (in square footage):

   800

Preferred Sites:

   Storefront

Other Sites:

  

Encourage Conversions?

   Not Applicable

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:3
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Not Applicable
Franchisee Newsletter:Not Applicable
Regional or National Meetings:Not Applicable
800 Telephone Hotline:Included in Fees
 

Training:

1. Las Vegas, NV1 Day
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:3
Formal Education:3
Psychological Profile:3
Personal Interview(s):3

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:N/A
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:20 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 0 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?No

Expansion Plans

Projected New Units Over Next 12 months:

   NR
U.S.:Yes, All United States
Canada:No
Overseas:No
 
 
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