Medsonix
Yes, we actively support the inclusion and development of minority-owned franchises in the Medsonix system.
Medsonix
2626 Rainbow Blvd., # 109
Las Vegas, NV 89146
800#: (866) 565-6337
Tel: (702) 873-3700
Fax: (702) 873-6880
E-mail: bruce@medsonix.com
Web Site: www.medsonix.com
Contact: Mr. Bruce Benson, Vice President
MEDSONIX has a new medical breakthrough technology that is FDA registered, holds a US patent, and has 2 university studies completed. This therapy is a non-invasive and drug-free method of dealing with wellness issues by using our acoustic wave system.
Franchisor Background
Established: 2001
First Franchise: 2006
Franchise Units: 1
Company-Owned Units: 1
Total Units: 2
Distribution:
> North America -- Operations in 2 States
> States/Provinces with Greatest Density: 1 in CA, 1 in NV
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 2 FT (FT = Full Time, PT = Part Time)
Space Needs: 800 SF; SF, SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $125K
Total Investment: $125K
Average Total Investment: $125K
Minimum Net Worth: $150K
Fees
>Franchise: $79.9K
>Average Franchise Fee: $79K
>Royalty: 12%
>Advertising: NA
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/20
Passive Ownership: Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:No
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: No
On-Going Support: A,D,E,I (for an explanation click here)
Training: 1 Day Las Vegas, NV.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All states where UFOC accepted.
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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