Are you looking to start a franchise? Do you have a passion for helping others? Then you might be interested in the medical industry. The medical care industry is snowballing. While there are several causes behind the increase in demand, the rise of high-deductible insurance plans, the improving economy, and the aging population are some of the more notable. According to a press release by Entrepreneur magazine, 80 percent of people under 55 have recently experienced health issues but failed to seek immediate medical assistance. As workers become more conscious about their well-being, owners of medical franchise properties can expect a higher demand for services. There are several medical franchise opportunities. Therefore, finding one of the best urgent care clinic franchises can seem tricky with so many different brands. If you are thinking of opting for an established medical clinic franchise instead of starting your own, we have compiled a list of the top 15 best-rated medical franchise opportunities. We have also included the costs associated with each of these clinics.

Factors to Consider When Looking for Medical Clinic Franchise Opportunities

The healthcare industry has proven to be one of the fastest-growing industries due to its demand and profitability. One of the best ways to enter this profitable industry is through medical clinic franchises. However, finding the best medical clinic franchise can be a bit challenging. It is essential to get the right advice and information when you want to start up. When you are looking at medical clinic franchise opportunities, there are many things that you need to consider.

  • The first thing you should do is look at all your options. There are many different types of franchises available on the market today. You need to take your time and find out which one will meet your needs the best.
  • The second thing you should consider when looking at medical clinic franchise opportunities is whether or not they offer training for new employees. It is essential to ensure that your employees perform their job duties as efficiently as possible. If your employees cannot perform their tasks well, then it may cause problems for your business in the long run. 
  • Another thing you should consider when looking at medical clinic franchise opportunities is whether or not they offer any financial assistance for new employees. Suppose the company does not provide financial aid for new employees. In that case, you may want to look elsewhere for another company that does offer this type of assistance for new employees. If something happens to one employee, then there will be someone else.

That’s why we’ve created this list of 16 great medical clinic franchises that have been successful for many years and the cost needed to start one up:

  1. American Family Care (AFC)-a minimum net worth of $1 million and liquidity of $250,000. The total investment ranges from $1,050,000 to $2,600,000 depending on location and clinic size.
  2. Care Spot Urgent Care -$350,000 – $500,000 startup cost.
  3. Concentra Urgent Care-$1,085,000 to $2,075,000 including working capital. This includes an initial franchise fee ranging from $35,000–$85,000, depending on the location and size of the center.
  4. MedExpress Urgent Care-$150,000 (minimum franchise fee) + startup costs
  5. Urology Centers of Alabama (UCA) Franchise Corp minimum fee of $2500,000 up to $500,000.
  6. Next Care Urgent Care -$250,000 (minimum franchise fee) + startup costs
  7. GoHealth Urgent Care -$750,000 to $1.25 million (minimum liquid assets requirement: $1.5 million)
  8. CityMD Urgent Care -$250,000 to $350,000 (minimum Liquid Assets Requirement: $1.5 million)
  9.  Doctors Express-$40,000 and the total investment cost is as high as $300,000 to $400,000. The total revenue per year is between $1,021,200 and $2,064,200, and the total net profit per year ranges from $74,160 to $155,160.
  10. Right at Home: $69,900 and $176,500 for training and support.
  11. Brightstar Care-$150,000 to $195,000. Start-up costs
  12. FastMed Urgent Care-$245,000–$370,000 startup cost
  13. HealthCARE Express- $350K-$750K [minimum liquid assest : $500,000 to $1 million]
  14.  Interim HealthCare Cost: $2,500 – $15,000
  15. LifeLine Screening Cost $150 – $300 minimum net worth.
  16. Nuzuna business model – $120K minimum net worth, $50K liquid assets

Franchise offers many benefits, including:

  • Complete training and assistance in opening your new clinic
  • Financial aid with equipment purchases
  • Access to our state-of-the-art electronic medical records system
  • Assistance with insurance credentialing and contracting
  • Marketing support materials and advertising advice
  • Affordable startup costs that suit your budget.
  • A proven business model that is ready for you to implement right away

If you’re thinking of investing in a franchise, consider many things, including how much it will cost. Starting your own business can be costly, but franchises require only a fraction of the investment often needed to open a new business. The franchise fee is payable in increments as you reach certain milestones in the process and includes training and compliance support before opening your center and ongoing support after opening and during the first year of operation.