Vital Care Infusion Services Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$50,000
Investment required
$536,000 - $995,000
Vital Care Infusion Services: Leading the Charge in Infusion Pharmacy Franchising
Vital Care Infusion Services has established itself as a premier provider in the healthcare franchise sector, delivering crucial infusion pharmacy services across the United States. Founded in 1986 by Johnny Bell, a consultant pharmacist who saw the immense potential for infusion therapy outside of hospitals, Vital Care has grown its presence to span multiple states.
Headquartered in Meridian, Mississippi, Vital Care has crafted a robust franchise model that equips entrepreneurs with the tools needed to launch and expand their infusion pharmacy businesses.
Vital Care franchises focus on serving secondary and tertiary population centers, making infusion therapies more accessible and addressing a critical gap in the healthcare system. The infusion pharmacy sector, and Vital Care in particular, has demonstrated resilience during economic downturns and health crises, including impressive growth throughout the 2020 pandemic.
This stability is driven by the rising demand for home and specialty infusion services, which provide patients the convenience and safety of treatments outside hospital environments. Vital Care's pharmacies are well-equipped to administer a wide array of pharmaceutical treatments via intravenous (IV) or injection, catering to both chronic and acute disease patients.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure | Amount |
Franchise Fee | $50,000 - $50,000 |
Third-Party Training and Travel and Living Expenses During Our Initial Training Program | $1,000 - $4,300 |
Accreditation | $6,750 - $11,375 |
Rent and Security Deposit | $5,600 - $16,000 |
Leasehold Improvements | $135,000 - $285,000 |
Utilities | $6,250 - $16,900 |
Furniture, Fixtures, Equipment, and Signage | $7,800 - $23,760 |
Computer System | $3,100 - $14,850 |
Inventory | $4,900 - $16,000 |
Grand Opening Advertising | $5,000 - $5,000 |
Insurance and Surety Bond | $6,850 - $10,700 |
Professional Fees | $12,200 - $24,500 |
Staffing | $17,400 - $150,000 |
Additional Funds - 6 Months | $274,000 - $367,000 |
Total | $535,850 - $995,385 |
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Franchise Disclosure Document
Training
Vital Care Infusion Services provides extensive training to ensure franchisees are well-prepared to operate their VC Business successfully. The training program includes the following components:
Initial Training
- Format and Location: This training is conducted at the franchisor's headquarters in Meridian, Mississippi, or remotely via recorded media, teleconference, videoconference, the Internet, or webinar, as determined by the franchisor.
- Duration: The initial training currently lasts four days, but the franchisor may adjust the length, location, and schedule as needed.
- Included in Franchise Fee: The Franchise Fee covers the cost of instructors, facilities, and materials for the required trainees, provided all trainees attend the same session. Additional representatives may join if space permits.
- Completion: Trainees must successfully complete the Initial Training at least ten days before the opening deadline. The franchisor sets the criteria for successful completion. If trainees do not complete the training satisfactorily, they may need to repeat it or send replacement trainees.
Additional and Remedial Training
- Optional Programs: The franchisor may offer mandatory or optional additional training programs for the franchisee's required trainees and/or employees. Mandatory programs are free of charge, but optional programs may incur a reasonable fee.
- Responsibility: The franchisee, their Operating Principal, and Key Managers must train all other employees according to the franchisor's standards and programs. If employees are not adequately trained, the franchisor may require attendance at their headquarters or cover the costs for a franchisor representative to provide on-site training.
Territory Protection
The franchise agreement for Vital Care provides limited territorial protection for its franchisees. While franchisees do not receive an exclusive territory, they are granted certain protections within their designated area.
Specifically, during the term of the franchise agreement and provided the franchisee is in compliance with its terms, the franchisor and its affiliates agree not to open or operate, nor to license a third party to open or operate, a physical premises for a VC Business within the franchisee's territory.
However, this territorial protection is limited. Franchisees may still face competition from other franchisees, franchisor-owned outlets, or other distribution channels and competitive brands controlled by the franchisor.