Our Franchise Process
What do we expect from Ohr Medical franchisees?
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?
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.
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.