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Fortune Practice Managment
9191 Towne Centre Dr., # 600
San Diego, CA 92122
800#: (800) 628-1052
Tel: (858) 535-6287
Fax: (858) 535-6387
E-Mail: [email protected]
Web Site: www.fortunemgmt.com
Contact: Mr. Brad Hunsaker, General Manager
FORTUNE PRACTICE MANAGEMENT is a comprehensive health care coaching / management company. We offer franchisees a set program to help health care professional run successful practices.
Franchisor Background
| Established: |
1990; |
First Franchise: |
1991 |
| Franchise Units: |
38 |
| Company-Owned Units: |
0 |
| Total Units: |
38 |
Distribution:
U.S. -- 37;
Canada -- 1;
International -- 0
> North America -- Operations in 23 States
> States/Provinces with Greatest Density: 7 in CA, 3 in FL, 3 in WA
|
| Projected New Units Over Next 12 months: 4 |
| Franchisee Qualifications: 2, 5, 2, 3, 4, 5
(for an explanation
click here) |
| Registered in Following Registration States: CA,FL,IL,IN,MD,MI,NY |
| Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time) |
| Space Needs: N/A SF; HB
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$20-60K |
|
| Total Investment: |
$43.9-114.7K; |
|
Average Total Investment: |
$78K |
|
| Minimum Net Worth: |
$100K |
|
| Fees: |
Franchise: |
$42K; |
Average Franchise Fee: |
$42K |
|
Royalty: |
10% |
|
Advertising: |
5% |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
5/5 |
| Passive Ownership: |
Discouraged |
| Encourage Conversions: |
N/A |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(I) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
N/A |
| Lease Negotiation Assistance: |
N/A |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
Yes/No |
| Size Of Corporate Staff: |
3 |
| On-Going Support: |
B,C,D,G,H,I
(for an explanation click
here) |
| Training: |
1 Week in Memphis, TN. |
Franchisor's Specific Expansion Plans
| U.S.: |
Midwest, Northeast |
| Canada: |
AB, ON |
| Overseas: |
No |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.