Vital Care Infusion Franchise Costs, Fees & Profits (2024)

Vital Care Infusion Services distinguishes itself in the medical franchise domain as a premier provider of infusion pharmacy services, delivering critical healthcare solutions throughout the United States.

The company was initiated in 1986 by Johnny Bell, a visionary consultant pharmacist who saw the untapped potential of offering infusion therapy services beyond traditional hospital environments.

With its headquarters in Meridian, Mississippi, Vital Care has since broadened its presence across multiple states, establishing a strong franchise network. This network empowers entrepreneurs to launch and expand their own infusion pharmacy ventures with a solid foundation.

Number of locations

Here’s how many franchised and company-owned Vital Care Infusion Services there have been in the United States over the past few years.

Initial investment

Here’s what you can expect to spend to start a Vital Care Infusion Services franchise.

Type of Expenditure	Amount
Franchise Fee	$50,000 – $50,000
Third-Party Training and Travel and Living Expenses During the 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

Note: The table above provides a snapshot of the main costs associated with starting the most common franchise format (as disclosed in the Item 7 of the Franchise Disclosure Document). For a complete overview of all the expenses involved with the various formats offered by the franchisor, please consult the Franchise Disclosure Document.

Franchise fees & Royalties

Here are the main ongoing fees the franchisor will ask you to pay going forward to run the franchise.

Initial Franchise Contribution

The foundational franchise fee stands at $50,000, required in full at the time of signing the Franchise Agreement. This upfront fee is non-refundable and is considered fully earned upon payment, with no circumstances warranting a refund.

Royalty Payments

Franchise owners are subject to varying royalty rates, including 19% for General Therapies and associated offerings, 10% for Advanced Therapies, and 3% for specific Advanced Therapies, among others. These payments are made for the continuous use of the brand’s trademarks and systems and are non-refundable.

Brand Promotion Contribution

Franchisees may be obligated to allocate up to 1% of their Monthly Gross Sales to a Brand Development Fund, should such a fund be initiated by the franchisor.

Technology Support Charge

A monthly fee, up to 0.5% of Gross Sales, is levied for access to various technological services and products, not including the Pharmacy Software Fee. This charge is subject to adjustments, with franchisees being notified at least 30 days prior to any changes.

Succession Cost

For the signing of a new franchise agreement upon the expiration of the current one, a fee equating to 25% of the prevailing franchise fee is due. For renewals facilitated through a Renewal Addendum, the cost is set at $4,000.

Ownership Transfer Fee

In the event of a franchise ownership change, a Transfer Fee is charged, which is 25% of the current Franchise Fee for a control change and $2,500 plus administrative expenses for a non-control change. Exceptions exist for transfers due to an owner’s death, incapacity, or insolvency, where no fee may be imposed.

Profits

Here’s how much revenue and profits you can expect to make with a Vital Care Infusion Services franchise, as indicated by the franchisor.

How to apply

Opening a Vital Care Infusion Services franchise involves several steps, designed to ensure you are a good fit for the franchise. Here are the main steps to follow to open a Vital Care Infusion Services franchise.

1. Initial Research and Inquiry

• Gather Information: Start by researching Vital Care Infusion Services to understand their business model, services, and the market demand for infusion therapy services.
• Contact Vital Care: Reach out to the Vital Care franchising team through their website or by phone to express your interest and request more information.

2. Application Submission

• Complete Application: Fill out the franchise application form provided by Vital Care, including details about your professional background, financial capability, and business experience.
• Application Review: Vital Care will review your application to assess your qualifications and fit for their franchise model.

3. Discovery and Due Diligence

• Discovery Day: You may be invited to attend a Discovery Day at Vital Care’s headquarters or a regional office, where you can meet the team, learn more about the franchise, and ask questions.
• Due Diligence: Conduct thorough due diligence by reviewing the Franchise Disclosure Document (FDD), consulting with existing franchisees, and possibly seeking advice from legal and financial advisors.

4. Financial Assessment and Approval

• Financial Review: Vital Care will evaluate your financial information to ensure you have the necessary resources for the initial investment and operational costs.
• Franchise Approval: Once your finances and qualifications are verified, and you’ve passed all evaluations, you’ll receive formal approval to proceed.

5. Franchise Agreement and Fee Payment

• Sign Agreement: Upon approval, you will sign the Franchise Agreement, which outlines all the terms and conditions of your franchise ownership.
• Fee Payment: Pay the initial franchise fee as outlined in the agreement to secure your franchise rights.

6. Training and Support

• Comprehensive Training: Vital Care provides an extensive training program that covers all aspects of running an infusion pharmacy, including operational procedures, marketing, compliance, and patient care.
• Ongoing Support: After completing training, you’ll receive continuous support from Vital Care in various areas such as clinical operations, billing, and marketing.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.