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Option Care

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Option Care
485 Half Day Road, # 300
Buffalo Grove, IL 60089
800#: (800) 879-6137
Tel: (847) 615-1690
Fax: (847) 615-0326
E-Mail: [email protected]
Web Site: www.optioncare.net
Contact: Mr. Rick Smith, President


We offer franchises for the establishment of outpatient health care businesses which operate under the service mark of OPTION CARE. Our franchises specialize in what is sometimes referred to as home infusion therapy, but the services encompass many aspects of health care in home and other outpatient settings.




Franchisor Background


Established: 1979
First Franchise: 1984
Franchise Units: 147
Company-Owned Units: 31
Total Units: 178

Distribution:
U.S. -- 178; Canada -- 0; International -- 0
-North America -- Operations in 37 States
-States/Provinces with Greatest Density: 16 in CA, 13 in FL, 13 in OH

Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 3, 5, 5, 4, 2, 3
(Click here for an explanation)

Registered in Following Registration States: CA,HI,IL,IN,MD,MI,MN,NY,ND,RI,SD,VA,WA,WI (Click here for an explanation)
Average Number of Employees: NR (FT = Full Time, PT = Part Time)
Space Needs: 1,500 SF; FS, SF, SC (Click here for abbreviations)
Encourage Conversion: Yes


Financial Requirements

Cash Investment: $243.7-541.8K
Total Investment: $NR
Average Total Investment: $-1.0K
Minimum Net Worth: $NR

Fees:
-Franchise: $15-35K
-Average Franchise Fee: $25.0K
-Royalty: Varies
-Advertising: 1.5%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 20/10
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 64
On-Going Support: B,G,H,I (Click here for an explanation)
Training: 4 Days Clinical Operations Chicago, IL; 4 Days Sales/Business Development Chicago, IL.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: No
Overseas: No

Note: NR = No Response by Franchisor.
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