Fortune Management franchise
2024 filing · March 26, 2024
Fortune Management at a glance
A practice management consulting business coaching dental offices in its territory. At the end of 2023 there were 68 Fortune Management locations in the US, all franchised.
The business
- Industry
- Business services
- Franchisor
- Fortune Practice Management, Inc
- The company that sells the franchises
- Franchisor based in
- El Cajon, California
What you pay
- Cost to open
- $33K–$150K
- Fee, build-out and opening working capital
- Franchise fee
- $13K–$125K
- $125 per dentist in the territory (100 to 1,000 dentists)
- Royalty
- 12% + minimum
- 12% of gross receipts, paid monthly, with a minimum collections standard based on the number of dentists in the territory
- Renewal fee
- $2,000
- When the agreement ends and you sign again
- Agreement length
- 3 years
- Territory
- Protected
- Protected territory
Where it is
- US locations, 2023
- 68
- Franchised and company-owned
- Franchised
- 68
- Company-owned
- 0
- States
- 31
- Most in California, Texas and Florida
From Fortune Practice Management, Inc’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Fortune Management among all franchises with the same figure.
| Figure | Fortune Management | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $91,550 | Costs less than 89% of franchises |
| Franchise feePaid once, when you sign | $12,500 | Lower than 94% of franchises |
| RoyaltyShare of sales paid to the franchisor | 12% | Higher than 98% of brands with a set rate |
| US locationsFranchised and company-owned | 68 | More than 70% of franchises |
How much a Fortune Management franchise costs
Opening one Fortune Management costs an estimated $33,100 to $150,000. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $50K.
Source: Fortune Practice Management, Inc, 2024 filing, page 1
Fortune Management franchise fee
The franchise fee is $12,500 to $125,000, $125 per dentist in the territory (100 to 1,000 dentists). You pay it when you sign the franchise agreement.
Source: Fortune Practice Management, Inc, 2024 filing, page 1
Royalty and ongoing fees
| Royalty | 12% of gross receipts, paid monthly, with a minimum collections standard based on the number of dentists in the territory. |
|---|---|
| Transfer | $4,000 |
| Renewal | $2,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Fortune Practice Management, Inc, 2024 filing, page 9
Other fees as filed, from page 10. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Fortune Management does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Fortune Practice Management, Inc, 2024 filing, page 25
How Fortune Management compares
Of the 324 business services franchises on this site, Fortune Management is the 50th cheapest to open and the 99th largest by number of locations.
| Figure | Fortune Management | Typical business services brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $33K | $77K | $222K |
| Cost to open, high end | $150K | $136K | $477K |
| Franchise fee | $13K | $45K | $40K |
| Royalty | 12% | 7% | 6% |
| US locations | 68 | 32 | 21 |
| Change in franchised locations, 0 yrs | +6.3% | +3.8% | – |
| Shares earnings figures | No | 187 of 324 | 2,147 of 3,352 |
Typical is the median across the 324 brands in business services franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2021 | 65 (+1) | 0 |
| 2022 | 66 (+1) | 0 |
| 2023 | 68 (+2) | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: dental franchises and franchise failure rates.
Source: Fortune Practice Management, Inc, 2024 filing, page 26
Where Fortune Management locations are
At the end of 2023, Fortune Management had franchised locations in 32 states and territories. The most are in California, Texas and Florida.
- California15
- Texas7
- Florida5
- Pennsylvania3
- Tennessee3
- Utah3
| State | Franchised |
|---|---|
| California | 15 |
| Texas | 7 |
| Florida | 5 |
| Pennsylvania | 3 |
| Tennessee | 3 |
| Utah | 3 |
| Colorado | 2 |
| Nevada | 2 |
| North Carolina | 2 |
| Ohio | 2 |
All 32 states
Source: Fortune Practice Management, Inc, 2024 filing, page 27
Who owns Fortune Management?
Fortune Management franchises are sold by Fortune Practice Management, Inc. Its filing names no parent company.
From Fortune Practice Management, Inc’s 2024 filing, page 7.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Fortune Practice Management, Inc, 2024 filing, litigation on page 9, bankruptcy on page 9
Fortune Management filings
The figures on this page come from Fortune Practice Management, Inc’s 2024 filing, issued March 26, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | March 26, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
