General

Industry

Healthcare Services

Category

Specialized

SBA Identifier

S2453

Year of Founding

1986

Fees

Marketing Fee

NA

Royalty Fee

Varies

Franchise Fee

$40,000-$40,000

Investment Range

$497K-$706K

Location units

Total U.S. Locations

54

U.S. Franchised Units

54

U.S. Corporate Units

0

Headquarters (City)

Meridian

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

1986

Issuance of FDD Data

07/27/2021

What to know about Vital Care franchise?

The franchisee will operate a patient infusion and pharmaceutical business under the Vital Care service mark. Products and services offered by the franchisee include infusion drugs, infusion supplies and equipment, infusion nursing, and other associated professional services for administration of related healthcare.

Vital Care is based in Meridian, MS. Scroll down to learn more!

How much does a Vital Care franchise cost?

Are you wondering how much is a Vital Care franchise? Before starting a Vital Care franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Vital Care franchise is $497,000 and can go all the way up to $706,200. Keep in mind, you should also allocate additional funds to live off of while the Vital Care business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Vital Care franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Vital Care business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Vital Care franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 69 2 4 67
2017 67 4 8 63
2018 62 5 7 60
2019 60 5 7 58
2020 58 0 4 54

Additional Details

How much does a Vital Care franchise owner make?

Vital Care franchise earnings and revenue can vary significantly from one franchisee to another.
The Vital Care franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Vital Care discloses financials at the unit level. In other words, they show how much Vital Care franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Vital Care franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Vital Care. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Vital Care owners were making.

Visit the Vital Care metrics tab to explore the financials for this business.

What is the Vital Care franchise fee?

Owning a Vital Care franchise requires Varies royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Vital Care Franchise Disclosure Document

Keep in mind, there is also an initial Vital Care franchise fee of $40,000 that is included in the initial investment amount of $497,000 to $706,200. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Vital Care franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Vital Care franchise fee of $40,000.

Visit the Vital Care metrics tab to explore the financials for this business, royalty and marketing fees compare to other Healthcare Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Vital Care founded?

Vital Care started offering franchises in 1986. Vital Care was founded 36 years ago in 1986.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Vital Care locations are in the U.S.?

As of 2021, there were 54 locations across the U.S. There are also 0 corporate locations. Most Healthcare Services franchises like Vital Care have more franchised locations than corporate locations.

How many Vital Care franchises opened over the past few years?

Over the prior 3 years we have data for, Vital Care has opened 10 outlets throughout the U.S. Visit the Vital Care metrics tab to explore how the openings compare to other Healthcare Services franchises.

How many Vital Care franchises closed over the past few years?

Over the prior 3 years we have data for, Vital Care has closed 18 outlets throughout the U.S

Visit the Vital Care metrics tab to explore how the openings compare to other Healthcare Services franchises.

Is Vital Care growing? Are they opening more locations than they are closing?

The net unit growth rate for Vital Care over the past 3 years is -13%. Over the last year we have data for, Vital Care had a net unit growth rate of -7%.

Without a comparison, this number doesn’t mean much. Compare how the Vital Care growth rate compares to 2,000+ other franchises and Industry franchises like Vital Care. More info in the Vital Care metrics tab.

Is Vital Care franchise eligible for an SBA Loan?

Vital Care is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Vital Care franchise was assigned the SBA Franchise ID of S2453 on 12/12/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Vital Care that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Vital Care a franchise in the United States?

According to the SBA, Vital Care meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Vital Care provides you with an FDD if you are in discussion to buy a Vital Care.

What is the Vital Care Franchise for Sale Rate?

The Vital Care systemwide health and franchisee satisfaction can be measured by the Vital Carefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Vital Care franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Vital Care had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Vital Care franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Vital Care. More info in the Vital Care metrics tab.

What is the Vital Care Franchise Failure Rate?

Vital Care franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Vital Care failure rate over the past 3 years is 33%. Over the last year we have data for, Vital Care had a franchise failure rate of 7%.

Without a comparison, this number doesn’t mean much. Compare how the Vital Care franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Vital Care. More info in the Vital Care metrics tab.

How can I find out more details on Vital Care franchise?

Visit the Vital Care metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Vital Care

$601,600

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Vital Care

Varies

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Vital Care

$40,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Healthcare Services

Category

Specialized

SBA Identifier

S2453

Year of Founding

1986

Fees

Marketing Fee

NA

Royalty Fee

Varies

Franchise Fee

$40,000-$40,000

Investment Range

$497K-$706K

Location units

Total U.S. Locations

54

U.S. Franchised Units

54

U.S. Corporate Units

0

Headquarters (City)

Meridian

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

1986

Issuance of FDD Data

07/27/2021

Detailed Franchise metrics for Vital Care

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Vital Care below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Vital Care

-7%

-13%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Vital Care

0%

0%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Vital Care

12%

33%

Industry median

All franchises median

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Business details

Company Name

www.vitalcareinc.com

Business email

**********@******.com

Mailing address

1170 Northeast Industrial Park Road

State headquarters

Mississippi

Owner Name

Vital Care

Phone

+1 (000) 0********00

City

Meridian

Zip code

39301
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