Franchising

Financial Overview

Franchise Fee:

$35,000

Royalty Fee:

8% of gross sales

Local Advertising Fee:

5% of gross sales

Corporate Marketing Fund:

2% of gross sales

Our Franchise Process

01

Your initial steps into the Medical industry

Thank you for showing an interest in franchising with Ohr Medical. Your first step is to complete a franchising form to inform us of your interest, so we can proceed with your application.

02

Meet our Medics

The Ohr Medical team - including medics, operational, and leadership staff - are really keen to get to know you. At this stage, we will set up an initial meeting to discuss our franchise opportunity in more detail and to answer any questions that you may have.

03

Visit our clinic in Thornhill, Ontario Canada

When you’re equipped with more information about Ohr Medical and are ready to take your application forward, we invite you to visit our clinic in Thornhill, Ontario Canada to familiarize yourself with our operations and to discover a lot more about the company and our unique approach to medical care.

04

The Ohr Medical disclosure: Review the FDD

Following your discovery day with our team in our head office, we will invite you to review the Ohr Medical Franchise Disclosure Document (FDD). We ask you to return the document within 14 days of receiving it..

05

Schedule your financing

The next step is an important one - it’s time to arrange your finances and ensure you can cover the startup investment costs to get your Ohr Medical clinic up and running.

06

Join our passionate team of Medics

We’re now ready to send you our Franchise Agreement (FA) that we hope you will read thoroughly and sign. Following this step, you’re now an official Ohr Medical franchise partner - congratulations!

07

Begin your journey with Ohr Medical

As you would expect, Ohr Medical’s dual-phase training program is comprehensive and begins on-location in Thornhill, Ontario Canada. After two weeks of initial training, we then provide onsite training at your location within your exclusive territory for a further two weeks. When you have completed your initial training, you’re all set to begin your life as an Ohr Medical franchisee.

What do we expect from Ohr Medical franchisees?

  • A strong commitment to the consistent marketing of the brand in order to drive sales.
  • A problem-solving attitude and a commitment to high personal standards, including integrity, honesty, and a commitment to quality service delivery.
  • A focus on the ‘people’ side of the business and a willingness to invest in relationship building.
  • An ability to meet the financial requirements of the investment as listed above.
  • An interest in and a passion for helping people improve their lives, and an open mind to implement an innovative approach to medical care.

What’s Required To Own An Ohr Medical Franchise?

$150,000 In Liquid Assets And Net Worth Of $250,000 Is Required.

Minimum 680 Credit Score Along With 30% Collateral Of What Is Being Borrowed, If You’re Seeking To Obtain A Line Of Credit To Part-Fund Your Franchise.

What should franchisees expect from Ohr Medical?

  • Exclusive territory of between 100,000 and 200,000 people within target areas.
  • A unique and proven operating model that has been built upon the company’s initial successes.
  • Comprehensive dual-phase training program and ongoing support once the franchise has been launched.
  • Exceptional marketing and advertising support from our head office.
  • Support with managing your books and other administrative tasks.
  • Help with purchasing the likes of medical equipment, business supplies, signage, and marketing materials.

Frequently Asked Questions

Ohr Medical is set up to be a profitable business, and there is great potential for high margins, should the franchisee run each location at its potential. We provide you with an FDD to review to provide you with more information about the financials associated with an Ohr Medical franchise.
We expect our franchisees to be caring and passionate people who are motivated to work in the health sector and make a positive contribution to the lives of people in their communities. Also, we want to work with franchisees who have outstanding personal and professional skills and can comfortably meet the initial investment required to support their business venture.
Yes, all Ohr Medical franchisees receive an exclusive territory of a target population between 100,000 and 200,000 people.
You will be supported from the very start of your dealings with Ohr Medical. Once the paperwork is filled in and out of the way, we provide you with a dual-phase comprehensive training program before you open your clinic. We then provide regular ongoing support to ensure you feel capable of meeting your targets and driving your franchise forward.
Our franchise fee is $35,000, and we estimate that your initial investment will be between $350,000 and $680,000. Franchisees are also required to pay an 8% royalty fee, a 5% local advertising fee, and a 2% contribution to a corporate marketing fund, all of which come out of your annual gross sales.

Contact Us

It’s so great to have you here. Please fill out our franchising form, and one of the Ohr Medical team will get back to you to discuss the next steps.

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