Start a Dr. Fulmes Rejuvenation Techniques Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $35K - $48K

Units as of 2020: 1 0.0% over 3 years

Since starting his medical practice in 2016, Dr. Mychailo Fulmes has sought to treat patients with colorectal issues. Evident in his educational background and professional experience, Fulmes has helped many patients recover from their diagnosis by using particular ways of treatment that do not always involve surgery. Dr. Fulmes Rejuvenation Techniques headquarters are located in Brooklyn, New York. It began to franchise in 2020.

Dr. Fulmes Rejuvenation Techniques services include colorectal treatments, preventive care, integrative medicine, colon and rectal surgery, and experimental treatments. Dr. Fulmes Rejuvenation Techniques is currently seeking new franchisees across various locations nationwide in the quest to help people live their best lives.

Why You May Want to Start a Dr. Fulmes Rejuvenation Techniques Franchise

With over thirty years of experience in the medical field, Dr. Fulmes has striven to treat patients with utmost care and attention; every life counts to him. He brings this to Dr. Fulmes Rejuvenation Techniques. They also combine well-researched traditional medical practices with surgeries and other treatments alternatives.

If you dream of operating your private medical practice and are as passionate as Dr. Fulmes Rejuvenation Techniques, then there are a few boxes you should check before moving forward. You should have excellent communication and sales skills, be goal-oriented, possess time management skills, and have experience in a relevant field. If you have all that, then starting a Dr. Fulmes Rejuvenation Techniques may be for you.

Opening a Dr. Fulmes Rejuvenation Techniques franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make a Dr. Fulmes Rejuvenation Techniques Franchise a Good Choice?

A unique aspect of Dr. Fulmes Rejuvenation Techniques may be that its treatments are designed to enable the body to heal itself with minimal pain, a short recovery period, and only a few side effects. Franchisees with a passion for the medical field should hire staff for their practice and work to manage the business operations.

To be part of the Dr. Fulmes Rejuvenation Techniques team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open a Dr. Fulmes Rejuvenation Techniques Franchise

If awarded a franchise, franchisees may receive support from the Dr. Fulmes Rejuvenation Techniques brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through marketing and construction. Potential Dr. Fulmes Rejuvenation Techniques franchisees may receive both classroom and hands-on training before opening their location.

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Dr. Fulmes Rejuvenation Techniques franchising team questions.

Company Overview

About Dr. Fulmes Rejuvenation Techniques

Industry	Health & Wellness
Related Categories	Miscellaneous Health Services, Miscellaneous Personal-Care Businesses
Founded	2016
Leadership	Dr. Mychailo Fulmes, CEO
Corporate Address	2647 Coney Island Ave. Brooklyn, NY 11223

Business Overview

Franchising Since	2020 (4 years)
# of Units	1 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Dr. Fulmes Rejuvenation Techniques franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$24,900
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$34,550 - $48,000
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$24,900
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$24,900
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	to 1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Dr. Fulmes Rejuvenation Techniques has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	6 hours
Classroom Training	7 hours
Ongoing Support	Grand Opening Site Selection
Marketing Support	Social Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes