Franchise Opportunities
Join the US Prosthetix Family: Become a Franchise Owner
Empower Lives, Grow Your Business
Are you a driven entrepreneur seeking a rewarding and impactful business opportunity? Consider joining the US Prosthetix family as a franchise owner. We offer a proven business model that combines cutting-edge technology with compassionate patient care to deliver exceptional prosthetic and orthotic solutions.
Become an Owner
Learn About Making Real Change
Learn More About Franchise Opportunities
Quick Facts
- Proven Business Model: Benefit from a well-established system with a track record of success.
- High Demand: Address a critical need with a growing demand for quality prosthetic and orthotic care.
- Strong Support System: Receive comprehensive training, ongoing support, and access to a network of experienced professionals.
- Cutting-Edge Technology: Leverage our advanced technology, including 3D printing and innovative devices, to provide superior patient care.
- Competitive Advantage: Differentiate yourself with our focus on personalized care and exceptional patient outcomes.
What’s Involved?
- Initial Training: Comprehensive training program covering all aspects of clinic operations, including patient care, business management, and marketing.
- Ongoing Support: Ongoing support from our experienced franchise team, including marketing assistance, operational guidance, and access to a network of resources.
- Exclusive Territory: Enjoy the benefits of an exclusive territory to maximize your market potential.
- State-of-the-Art Equipment: Access to cutting-edge technology and equipment to provide the highest quality care to your patients.
- Marketing and Branding: Leverage the strength of the US Prostethix brand and benefit from our proven marketing and branding strategies.
Our Franchise Expertise
At US Prosthetix, we understand the complexities of franchise ownership. Our CEO, Rob Newbold, brings a wealth of experience, having served as General Counsel for a Fortune 500 leading company with more than 500 franchise locations. With a deep understanding of franchise law and a proven track record of success, Rob provides invaluable guidance and support to our franchisees. We leverage this expertise to:
- Develop robust franchise agreements that protect both the franchisor and franchisees.
- Provide comprehensive legal and operational support to ensure your success.
- Create a supportive and collaborative franchise system that fosters growth and success.
By choosing US Prosthetix, you’re not just joining a franchise but partnering with a team of experienced professionals dedicated to your success.
Costs
- Franchise Fee: $60,000
- Initial Investment: $263,443 – $400,957
| Expense | Low –High Estimates | Method of Payment | When Due | To Whom Payment is to be Made |
| Initial Franchise Fee | $60,000 | Lump Sum | Upon execution of the Franchise Agreement | Us |
| Equipment1/ | $7000 – $9,500 | As incurred | When purchased or leased | Vendors and suppliers |
| Medical billing system, POS, inventory module, quickbooks | $1,600 – $2,800 | Lump Sum | When purchased | Vendor |
| Furniture, Supplies and Signs2/ | $24,743 – $30,057 | As incurred | When purchased or leased | Vendors and lessors |
| Opening Product Inventory3/ | $2,000 -$5,000 | Lump sum | When purchased | Us |
| Opening Advertising | $7,000 -$10,000 | Lump sum | From 10 days before opening to 50 days after opening | Local Advertising Media/ Google Ads/Agency |
| Travel and Living Expenses While Training4/ | $2,500 -$4,000 | Lump sum | Within three months after executing Franchise Agreement | Providers of transportation, lodging and meals |
| Real Estate & Improvements5/ | $15,000 -$55,000 | As incurred | Monthly | Landlord |
| Insurance | $2,300 -$4,000 | As incurred | Before opening | Insurer(s) |
| Miscellaneous opening costs6/ | $2,500 -$4,000 | As incurred | As incurred | Various |
| Additional Funds7/ | $135,500- $210,000 | As incurred | As needed | Various |
| Credentialing/Contracts and enrollments | $2500-$5000 | Lump sum | Before opening | Us |
| 3-D Photothysis Printer | $$800-1600 | When leased | Vendors | |
| Total9/ | $263,443 – $400,957 |
Notes:
1/ Estimated cost to purchase a new or used Workbench, Hood, Troutman, Sewing Machine, a computer system, printer, phone, credit card processor, small refrigerator, eyewash station, AED and blood pressure cuffs.
2/ This includes furniture, supplies and signs necessary for you to open your Clinic and to be accredited
3/ This includes all required products, materials and logo items necessary for you to open your Clinic.
4/ The initial training program consists of two (2) non-consecutive weeks; the first and third weeks of training may be held at our offices in North Canton, Ohio, or at an alternate site designated by us and the second week of mandatory training online or at our facility.
5/ We recommend that you lease the premises for your Clinic. We have no requirements regarding the amount of investment that you must make in the premises of your Clinic. Because of the variables associated within establishing premises for your Clinic, (for example, size of premises, location of premises, whether remodeling or improvements are needed, and real property market conditions), this expense varies widely. If you lease space, your monthly rent could vary greatly depending on the type of location and the geographic location you select for your Clinic. No estimate is furnished for expenses associated with the purchase of real property and the construction of leasehold improvements because of the wide range of Possible costs. The typical Clinic has 1,200 to 1,600 square feet with a minimum of 1,200 square feet. Lease rental depends on many factors, including the location of the Clinic, and may vary from $7.00 to $25.00 per square foot, excluding Clinic build-out cost. We highly recommend rental facilities versus owned properties like office condominiums or free-standing commercial buildings. Leasehold improvement costs incurred in connection with the development of the Clinic include numerous improvements (i.e. painting, carpeting and construction) all of which must be completed to our satisfaction before you are accredited and Grand Opening. Improvement costs depend on factors like size, conditions and location of leased premises. You should try to amortize leasehold improvement costs over the first term of the Lease Agreement.
6/ This includes expenses such as security deposits to your landlord and various utilities, and licenses and permits.
7/ This estimates your initial start-up expenses for a 1 to 6 month period. These expenses include working capital for payroll costs, utility payments and other expenses. These figures are estimates and we cannot guarantee that you will not have additional expenses starting the business. Your costs will depend on factors such as: how much you follow our methods and procedures, your management skill, experience and business acumen, local economic conditions, the local market for our products, the prevailing wage rate, competition, sales level reached during the initial period and the sales ability of your personnel. There are also government delays in obtaining accreditation, insurance numbers and contracts which you must be aware of.
NOTE: All of the above figures are ranges only. Local area conditions and other changes may vary. Unless otherwise noted, none of the expenses described in this chart is refundable.
Next Steps
- Request Information: Complete the form below now to receive a comprehensive franchise information package.
- Schedule a Consultation: Discuss your entrepreneurial goals and learn more about the franchise opportunity.
- Explore the Opportunity: Conduct thorough due diligence and explore the potential of owning a US Prosthetix franchise.
- Join the Family: Take the next step towards owning your own successful business and making a real difference in the lives of others.
