Franchise FAQ

how much we need to have for afc franchise

by Herbert Hayes Published 1 year ago Updated 1 year ago
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How much does an AFC franchise cost?

  • Initial Franchise Fee: $2,300
  • Total Investment: $19,944 to $83,169
  • Working Capital: $5,400 to $24,000
  • Royalty Fee: 8.0%

What Does a American Family Care Franchise Cost? To buy a franchise with American Family Care, you'll need to have at least $550,000 in liquid capital and a minimum net worth of $1,200,000. Franchisees can expect to make a total investment of at least $550,000.

Full Answer

How much money is needed to start a franchise?

Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.

How much do franchise fees cost?

Franchise fees are typically between $25,000 to $50,000 on average. 2) Startup Costs: These are the expenses you'll incur to get your new business open and operating. Initial investment costs vary widely from franchise to franchise.

Who owns AFC franchise Corp?

Ryuji IshiiWith over 4,000 locations, Advanced Fresh Concepts Franchise Corp. (AFC) is the U.S.'s largest franchisor of supermarket based sushi bars. Our story began in 1986 when our President, Ryuji Ishii, founded AFC's parent company, Advanced Fresh Concepts Corp. (AFCC).

What is Starbucks franchise fee?

What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.

Is franchise fee monthly or yearly?

Franchise royalties are usually collected by your franchisor on a monthly basis. Like marketing fees, these fees are based on a percentage of your revenue. But there's one major difference; the percentages are higher.

How much does an AFC sushi franchise cost?

How much does an AFC franchise cost? AFC has a franchise fee of up to $2,300, with a total initial investment range of $19,944 to $83,169. The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

What is AFC in food industry?

AFC's coated fabrics and belting are widely used in the food processing industry. These products perform consistently in high temperature, oily, and abrasive environments. Our coating and substrate combinations provide the ideal balance of durability and desired heat transfer.

How many locations does AFC sushi have?

World's Premiere Sushi Company franchises over 4,000 independently owned and operated food service counter locations in retail establishments throughout the United States, Canada, and Australia.

What is the McDonald's franchise fee?

$45,000McDonald's Franchise Cost / Initial Investment / Income Most McDonald's owner/operators have entered the corporation by purchasing an existing restaurant. To open a McDonald's franchise, however, requires a total investment of $1-$2.2 million, with liquid capital available of $750,000. The franchise fee is $45,000.

What does a KFC franchise cost?

For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.

How do franchise owners get paid?

How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity.

How much does it cost to franchise a McDonald's?

McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.

How much does an AFC franchise make?

Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.

How many franchise locations do they have?

As of the 2015 Franchise Disclosure Document, there are 3849 franchised AFC locations in the USA.

What is AFC in grocery?

AFC (Advanced Fresh Concepts) offers prepared foods at grocery store, retail center or other location that someone else owns.

What does it mean to find the best franchise?

Finding the best franchise means comparing several brands to determine the ideal fit for you.

When did they begin franchising?

They began franchising in 2002. The average Grocery Facility franchise began franchising in 2009.

The Opportunity to Provide the Best Possible Healthcare

American Family Care aims to provide the best possible healthcare — this is our goal. Therefore, we offer urgent care franchise opportunities to investors. This opportunity is designed for individuals with business experience. Medical experience is not required.

A Window for Investors

If you’re looking into the urgent care business, consider this: healthcare franchises are a billion-dollar industry with a significant projected growth in the coming year. This is because they offer similar but more convenient services as hospital emergency rooms.

The American Family Care Opportunity

American Family Care's talented network of franchise owners have helped our urgent care services expand to reach throughout the United States, providing a comprehensive range of medical services to over two million patients each year within our nearly 200 urgent care clinics.

The Rewards

The rewards, both personal and professional, are incomparable. Not only will you be managing and developing your own business, but you'll truly be making a difference in people's lives by providing a critical service that began as a niche and has grown into a relief for patients and healthcare providers.

Ideal Candidate

The ideal American Family care candidate must be a motivated, self-starter that can be totally focused and 100% committed to the business. We are looking for candidates that are willing to reach out and ask for advice, that understand and execute marketing strategies & plans, and can follow the system.

The American Family Care Franchise Opportunity

American Family Care’s talented network of franchise owners have helped our urgent care services expand to reach throughout the United States, providing a comprehensive range of medical services to over two million patients each year within our nearly 200 urgent care clinics.

Invest in an American Family Care Franchise

Being an American Family Care Franchisee is all about leveraging your business and organizational skills with your commitment to serving a community and building relationships.

5 Reasons to Invest in an American Family Care Franchise

A growing need in a growing market: The demand for health care services increases every year. People want and need access to health care on their terms – which usually means immediately! We offer comprehensive medical care, in a convenient, warm and friendly setting.

Single or Multi-Territory Franchise Opportunities Available

You can open a business in your own community or amplify your financial rewards by fully penetrating an entire metropolitan area.

About Us

The first American Family Care Clinic (AFC) was opened in 1982 by D. Bruce Irwin, M.D. Since then, our model of “putting the patient first” and providing an alternative, non-emergency room option for urgent care has made us an industry leader and a patient favorite at our clinics throughout the country.

Our Customers

AFC clinic serves the market with walk-in treatment of most urgent care needs.

TRAINING IS CRITICAL TO BUILDING A SUCCESSFUL FRANCHISE

Whether you’re a new or experienced owner of an American Family Care franchise, proper training is one of the most important components of making your business successful.

Ideal Candidate

Starting a business is a demanding endeavor no matter what industry or opportunity you are considering. AFC strives to make the process as simple as possible for all our franchisees. One way we try to make things easier is by helping our prospective franchisees decide early on whether this is the right investment for them.

Management Team

Founded by Dr. Bruce Irwin with a single location in 1982, American Family Care has pioneered the concept of non-emergency room urgent care.

Franchise Strengths

One of the market A particular form or branch of economic or commercial activity. Subindustries are often referred to as categories on Vettedbiz.com More leaders in the U.S. urgent care market

Franchise Opportunities

Over the five years from 2007 to 2012, the industries revenue Operating Income = Revenue*- COGS or cost of revenue−Operating Expenses or Operating Income=Gross Income−Operating Expenses Also known as Income from operations, income before interest and… More grew at an average annualized rate of 6.3% to an estimated $13.7 billion, including projected growth of 6.8% in 2014.

Franchise Threats

Potential for changes to the cost structure due to changes in universal medical insurance coverage

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How Do I Become Part of The AFC Brand Family?

What Are The Ongoing Fees?

  • All franchisors require franchisees to pay monthly royalties, and AFC franchisees pay 6% of their gross revenue. This fee funds our continued research and development and our ongoing support, among other efforts. Additionally, our medical clinic franchise costs include spending at least $2,000 per month on advertising in your local market after you...
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Do I Need Industry Experience?

  • While it helps to come to our opportunity with healthcare industry experience, it is in no way necessary. That’s because we make sure all our new franchisees enjoy comprehensive preopening training that goes over every operational aspect of running their clinics. From utilizing technology to hiring qualified staff to marketing your clinic, we cover it all and are always availab…
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What Types of Services Will I offer?

  • As an AFC urgent care clinic owner, you’ll offer your community a suite of important healthcare services that include: 1. Treatment for common illnesses, injuries, and accidents 2. Lab tests and vaccines 3. Physical exams 4. Telemedicine 5. Occupational medicine 6. Pediatric care 7. And much more! Furthermore, because you’ll maintain convenient evening and weekend hours, your …
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