Medcross franchise
2024 filing · September 12, 2024Shares sales figures
Medcross at a glance
A home care business providing non-medical personal care and limited skilled nursing where clients live. At the end of 2023 there were 1 Medcross locations in the US, all company-owned.
The business
- Industry
- Home care and senior care
- Franchisor
- Medcross Franchising, LLC
- The company that sells the franchises
- Franchising since
- 2018
- 6 years of selling franchises
- Franchisor based in
- Burke, Virginia
What you pay
- Cost to open
- $100K–$138K
- Fee, build-out and opening working capital
- Franchise fee
- $55,000
- For a territory of up to 250,000 people
- Royalty
- 7.5%
- 7.5% of gross revenue, paid weekly, plus 2% to the system marketing fund and local marketing of the greater of $1,000 or 1% a month
- Brand fund
- 2%
- 2% of gross revenue, paid weekly
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 7 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2021–2023
From Medcross Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Medcross among all franchises with the same figure.
| Figure | Medcross | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $118,650 | Costs less than 84% of franchises |
| Franchise feePaid once, when you sign | $55,000 | Higher than 82% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7.5% | Higher than 84% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Medcross franchise costs
Opening one Medcross costs an estimated $99,550 to $137,750. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are initial franchise fee ($55,000) and operating expenses/additional funds – 3 months ($13,000 to $25,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $55,000 | ||
| Your Training Expenses | $3,000 | $4,000 | |
| Rent deposits | $1,500 | $3,000 | |
| Utilities Deposits | $300 | $500 | |
| Leasehold Improvements, Construction and/or Remodeling | $0 | $10,000 | |
| Office Furniture and Fixtures | $1,000 | $3,000 | |
| Signage | $1,000 | $2,500 | |
| Licenses and Permits | $500 | $1,000 | |
| Office Computer Systems, Equipment and Supplies | $16,500 | $17,500 | |
| Initial Inventory to Begin Operating | $1,000 | $3,000 | |
| Nursing Equipment | $500 | $1,000 | |
| Professional Fees | $3,000 | $5,000 | |
| Grand Opening Advertising | $2,000 | $5,000 | |
| Insurance | $1,250 | $2,250 | |
| Operating Expenses/Additional Funds – 3 months | $13,000 | $25,000 | |
| Total | $99,550 | $137,750 | |
Source: Medcross Franchising, LLC, 2024 filing, page 15
Medcross franchise fee
The franchise fee is $55,000, for a territory of up to 250,000 people. You pay it when you sign the franchise agreement.
Source: Medcross Franchising, LLC, 2024 filing, page 9
Royalty and ongoing fees
| Royalty | 7.5% of gross revenue, paid weekly, plus 2% to the system marketing fund and local marketing of the greater of $1,000 or 1% a month. |
|---|---|
| Brand or marketing fund | 2% of gross revenue, paid weekly. |
| Renewal Fee | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Medcross Franchising, LLC, 2024 filing, page 9
Other fees as filed, from page 11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Medcross publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Medcross Franchising, LLC, 2024 filing, page 36
How Medcross compares
Of the 73 home care franchises on this site, Medcross is the 36th cheapest to open and the 66th largest by number of locations.
| Figure | Medcross | Typical home care brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $100K | $100K | $222K |
| Cost to open, high end | $138K | $175K | $477K |
| Franchise fee | $55K | $50K | $40K |
| Royalty | 7.5% | 5% | 6% |
| Brand fund | 2% | 1% | 2% |
| US locations | 1 | 25 | 21 |
| Shares earnings figures | Yes | 61 of 73 | 2,147 of 3,352 |
Typical is the median across the 73 brands in home care and senior care franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
| 2023 | 0 (0) | 1 | 0 | 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: home care franchise costs and franchise failure rates.
Source: Medcross Franchising, LLC, 2024 filing, page 38
Who owns Medcross?
Medcross franchises are sold by Medcross Franchising, LLC.
From Medcross Franchising, LLC’s 2024 filing.
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: Medcross Franchising, LLC, 2024 filing, litigation on page 9, bankruptcy on page 9
Medcross filings
The figures on this page come from Medcross Franchising, LLC’s 2024 filing, issued September 12, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | September 12, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
