Frequently Asked Questions
Our sales support team has years of sales experience within our industry. Our staff includes a call center and sales support training to help your franchise increase business and revenue.
We have developed several service offerings that truly make a SharpsMD® franchise unique. In addition to our main service offering of medical waste transport and disposal, we offer online compliance, reusable container, disposable containers and spill kits, and our sharps mail back system.
Regulatory Assistance & On-Site Training
Every state has their own rules and regulations for the transportation and
disposal of medical waste. Plus, there are federal regulations. Navigating
your way through all of this can be a tedious process which is why we
designed a state of the art software program that will enable you to know
all of the rules and regulations and assist you in acquiring permits in a
timely manner. It not only helps you stay current with the regulatory
requirements but it will also do the same for your clients. This is an
important added value for your customer.
Supply Chain Purchasing
Our advantage is your advantage in purchasing supplies. The more supplies we purchase the better the margin to the bottom line.
Customer Target Marketing
We have proven marketing pieces that engage a new potential customer to call and inquire about service.
What is the standard royalty fee?
An ongoing royalty fee of 8% of net sales is due on a monthly basis. At least 2% of the royalty will be used by us
for the marketing and advertising for SharpsMD® businesses and the system.
What is the standard franchise fee?
The inital franchise fee is $35,000 per territory for a standard SharpsMD® franchise which serves a population of 500,000.
What are the minimum financial requirements?
Depending on the number of territories that you wish to open, you must have a minimum net worth of $150,000. Please refer to the Franchise Disclosure Document for more detailed information.
How much does it cost to build a SharpsMD® Franchise?
An average warehouse unit of 750 to 1,000 square feet with a small office located inside of the warehouse unit requires a minimum investment of $95,000. This amount will vary depending on the size of the unit and the geographical area. Please review the Franchise Disclosure Document for more information.