American Family Care Urgent Care Franchise (2024)
This article is based on its most recent FDD.
American Family Care (“AFC”) Franchise is a unique group of urgent care medical facilities opened in response to a growing need for immediate physician care in a convenient, comfortable environment. They provide the highest quality urgent care, accessible primary care, minor emergency care, and occupational medicine. They provide non-emergency health care to more than 2 million patients a year – in less than half the time and cost of an ER, with extremely high rates of patient satisfaction.
The largest urgent care franchise in the United States, AFC Franchise is part of American Family Care (AFC). Based in Birmingham, Alabama, AFC enjoys a national reputation for delivering the highest levels of patient satisfaction in a broad range of medical services
Together, American Family Care Franchise is the largest privately owned urgent care operator in the country with over 150 operating units and able to extend a wide range of family and urgent care medical services in the most caring, convenient and affordable way possible
American Family Care Franchise Information
Founded by Dr. Bruce Irwin with a single location in 1982, American Family Care has pioneered the concept of non-emergency room urgent care. With its 2013 acquisition of the Doctors Express franchise, AFC has become the nation’s leading provider of urgent care, accessible primary care, and occupational medicine, with more than 180 clinics and 600 in-network physicians caring for nearly 3 million patients a year.
Ranked by Inc. Magazine as one of the fastest growing companies in the U.S., AFC’s stated mission is to provide the best healthcare possible, in a kind and caring environment, while respecting the rights of all patients, in an economical manner, at times and locations convenient to the patient
Their franchise management team consists of seasoned medical, business and franchise professionals who know how to build and run successful franchised businesses. With a proven background in franchise support in health care, their team is uniquely qualified to facilitate the national expansion of urgent care.
The Healthcare Industry | American Family Care Franchise
Franchise Strengths
- Fulfills a much needed service within the medical industry.
- High margin industry.
- Very large consumer base.
- One of the market leaders in the U.S. urgent care market.
Franchise Weaknesses
- Reliant on skilled medical professionals.
- Relatively complex industry as it deals with people’s health.
- Need for skilled physicians and nurses that can be difficult to attain.
Franchise Opportunities
- Huge industry – consists of approximately 9,900 total urgent care centers.
- Over the five years from 2007 to 2012, the industries revenue grew at an average annualized rate of 6.3% to an estimated $13,7 billion, including projected growth of 6.8% in 2014.
- Overall, urgent care is expanding and the expectation remains that it will continue to do so in the coming years. More than 85% of centers report expecting growth, primarily in their numbers of visits.
- The Urgent Care Centers industry represents one of the fastest-growing segments of the American healthcare system.
Franchise Threats
- Operating in a large, competitive market.
- Potential for changes to the cost structure due to changes in universal medical insurance coverage.
How Much Is a American Family Care?
American Family Care Franchise cost ranges from $1,008,000 to $1,441,500 according to the 2020 FDD.
Cost Types | Amount (in USD) | When Due | To Whom Payment is to Be Made | |
---|---|---|---|---|
Low | High | |||
Initial Franchise Fee | $60,000 | $60,000 | At signing Franchise Agreement | AFC |
Travel/Living Expenses While Training | $1,500 | $3,000 | During Training | Airlines, Hotels, Restaurants |
Lease, Utility and Security Deposits | $6,000 | $10,000 | When sign lease or start up an account with utility company | Landlord, Utilities |
Medical Equipment | $125,000 | $155,000 | As Incurred | AFCP, Third Parties |
Construction | $412,500 | $525,000 | When Ordered | Suppliers |
Site Selection | $5,000 | $10,000 | As Incurred | Third Parties |
Furniture | $10,000 | $15,000 | When Ordered | Suppliers |
Office Equipment & Computer System | $12,000 | $17,000 | When Ordered | Suppliers |
Initial Medical Supplies | $15,000 | $20,000 | When Ordered | AFCP, Suppliers |
Initial Advertising and Grand Opening | $35,000 | $50,000 | As Incurred | Third Parties |
Business License & Permits | $500 | $2,500 | As Incurred | Third Parties |
Signage | $8,000 | $30,000 | As Incurred | Suppliers |
Legal/Professional Fees | $5,000 | $10,000 | As Incurred | Attorney/Accountant |
Insurance – GL and Malpractice | $5,000 | $7,000 | Before Opening | Insurance agent or carrier |
Recruitment | $3,000 | $20,000 | As Incurred | Third Parties |
Credentialing | $4,500 | $7,000 | As Incurred | Suppliers |
Additional Funds | $300,000 | $500,000 | As Incurred | Employees, suppliers, utilities |
Total | $1,008,000 | $1,441,500 |
How Much does a American Family Care Franchise make?
How Much does a American Family Care Franchise make?
Year of First Operation | Total Number of Patients Seen in Fiscal Year 2016, Ending 11/30/2016 | Net Payments in Fiscal Year 2016, Ending 11/30/2016 | |
---|---|---|---|
1 | 2014 | 37.840 | $4.362.435,51 |
2 | 2009 | 28.174 | $3.526.785,59 |
3 | 2013 | 23.344 | $3.104.535,80 |
4 | 2013 | 27280 | $2.954.380,35 |
5 | 2012 | 23777 | $2.857.721,23 |
6 | 2013 | 24.726 | $2.777.825,18 |
7 | 2014 | 25.089 | $2.642.902,02 |
8 | 2012 | 22.735 | $2.624.424,49 |
9 | 2012 | 21.408 | $2.537.199,18 |
10 | 2013 | 22.563 | $2.500.040,10 |
11 | 2011 | 23.205 | $2.459.073,34 |
12 | 2013 | 24.169 | $2.414.997,03 |
13 | 2014 | 21.749 | $2.367.546,78 |
14 | 2012 | 19.685 | $2.284.521,95 |
15 | 2013 | 20.990 | $2.138.792,70 |
16 | 2014 | 16.752 | $2.000.514,08 |
17 | 2012 | 8.805 | $1.917.491,65 |
18 | 2010 | 18.982 | $1.899.573,69 |
19 | 2011 | 18.468 | $1.892.386,80 |
20 | 2012 | 14.163 | $1.850.401,55 |
21 | 2011 | 20.760 | $1.813.483,66 |
22 | 2010 | 17.159 | $1.797.441,22 |
23 | 2010 | 18.977 | $1.764.605,47 |
24 | 2014 | 16.715 | $1.758.916,08 |
25 | 2011 | 16.804 | $1.740.717,93 |
26 | 2012 | 13.941 | $1.708.621,20 |
27 | 2014 | 14.580 | $1.705.625,37 |
28 | 2012 | 15.189 | $1.662.177,42 |
29 | 2014 | 14.653 | $1.644.470,00 |
30 | 2010 | 15.567 | $1.635.104,67 |
31 | 2014 | 13.646 | $1.631.413,86 |
32 | 2010 | 13.684 | $1.616.993,47 |
33 | 2010 | 14.931 | $1.606.646,93 |
34 | 2014 | 12.623 | $1.573.524,70 |
35 | 2014 | 14.862 | $1.562.695,10 |
36 | 2014 | 15.008 | $1.533.115,66 |
37 | 2012 | 14.383 | $1.523.572,02 |
38 | 2012 | 14.325 | $1.517.121,78 |
39 | 2013 | 13.795 | $1.516.477,62 |
40 | 2011 | 9.897 | $1.496.901,79 |
41 | 2012 | 13.065 | $1.489.847,11 |
42 | 2010 | 12.151 | $1.471.119,32 |
43 | 2010 | 14.047 | $1.434.926,08 |
44 | 2009 | 12.461 | $1.427.045,98 |
45 | 2010 | 9.283 | $1.347.217,19 |
46 | 2014 | 17.839 | $1.342.681,12 |
47 | 2011 | 12.348 | $1.340.419,35 |
48 | 2011 | 9.954 | $1.335.744,84 |
49 | 2014 | 12.850 | $1.301.039,18 |
50 | 2013 | 12.581 | $1.300.239,67 |
51 | 2014 | 10.850 | $1.296.275,04 |
52 | 2012 | 15.856 | $1.285.393,39 |
53 | 2012 | 15.991 | $1.283.673,52 |
54 | 2015 | 11.558 | $1.265.314,22 |
55 | 2013 | 11.481 | $1.259.225,45 |
56 | 2011 | 10.547 | $1.239.242,97 |
57 | 2011 | 10.652 | $1.233.130,82 |
58 | 2015 | 11.736 | $1.219.221,21 |
59 | 2011 | 13.367 | $1.199.629,98 |
60 | 2012 | 10.196 | $1.186.468,55 |
61 | 2013 | 14.827 | $1.179.173,70 |
62 | 2015 | 11.023 | $1.164.240,54 |
63 | 2014 | 10.964 | $1.159.437,39 |
64 | 2012 | 10.710 | $1.150.192,09 |
65 | 2010 | 10.094 | $1.135.275,05 |
66 | 2015 | 9.832 | $1.131.612,91 |
67 | 2010 | 17.742 | $1.131.023,37 |
68 | 2010 | 9.000 | $1.118.052,17 |
69 | 2012 | 8.927 | $1.113.933,90 |
70 | 2011 | 10.024 | $1.069.871,23 |
71 | 2015 | 9.790 | $1.052.468,58 |
72 | 2012 | 8.988 | $1.026.830,12 |
73 | 2011 | 7.748 | $973.547,48 |
74 | 2010 | 9.524 | $954.962,33 |
75 | 2012 | 9.746 | $946.649,53 |
76 | 2011 | 11.008 | $937.415,47 |
77 | 2015 | 9.909 | $919.723,10 |
78 | 2013 | 7.182 | $881.446,69 |
79 | 2011 | 9.838 | $820.946,62 |
80 | 2015 | 10.796 | $801.289,04 |
81 | 2014 | 11.787 | $783.211,00 |
82 | 2015 | 7.978 | $779.810,78 |
83 | 2015 | 8.216 | $738.221,01 |
84 | 2014 | 9.039 | $698.885,01 |
85 | 2015 | 6.317 | $641.930,39 |
Total | 85 | 1.245.225 | $134.491.179,46 |
Average | $14,650 | $1,582,249 |
FDD Disclosure:
Notes: