The healthcare sector in Quebec offers a multitude of promising franchise opportunities for motivated entrepreneurs.
What is the budget to open a franchise? What are the networks for investing? We tell you everything about the health franchise market in Quebec.
Is it profitable to open a health franchise?
Between 2017 and 2022, the franchise sector in Quebec grew by 21.1%, or $6.9 billion. Sales were $32.7 billion in 2022 (not including pharmacies, grocery stores and car dealerships) according to the Quebec Franchise Council. Embarking on entrepreneurship while being supervised by the franchisor attracts future business leaders. Although each company has its own conditions for recruiting new franchisees, it is profitable to turn to a proven concept rather than opening a point of sale as an independent. This saves time and allows you to take advantage of the brand image of a brand that works in a network. Among the sectors that stand out as models of success in Quebec are pharmacies.
How to create a Bien Chez Soi home care business?
Bien Chez Soi was founded in 2008 by Alison Green, a registered nurse who wanted to offer high-quality home care and well-being services to Quebec families. The company meets the growing demand for home care services for the elderly and people with disabilities. In 2014, Bien Chez Soi began to develop as a franchise, in order to meet the growing demand for its services throughout Quebec. Today, the company has more than 40 branches across the province. By choosing the Bien chez soi health brand, franchisees will above all contribute to taking care of the Quebec population by prioritizing their quality of life. They benefit from the franchisor’s support and resources in terms of operational support.
The initial investment and the amount required to open a Bien Chez Soi franchise are each $50,000 CAD. This includes franchise fees, start-up costs, and working capital. Franchisees should also be willing to invest in continuing education and business development. There are many opportunities in this sector, since the population over 65 is expected to double by 2050, according to the Institut de la statistique du Québec.
Health and medical franchises looking for candidates
Opto-Réseau is a group of independent health professionals in Quebec. The brand has more than 83 independent clinics and is constantly evolving and developing its network. Opto-Réseau’s business is to offer comprehensive optometry services with a patient-centered approach and its commitment to offering high-quality services at competitive prices. The advantage of franchising is that it allows new members to join at no cost while maintaining their independence. It offers continuous training and allows business leaders to benefit from its central purchasing office.
There are many other health franchises in Quebec in which it is possible to invest. This is the case of Norgil Canada, the leader in hair care, which offers its franchisees complete training, adapted assistance and territorial exclusivity. The brand recruits candidates with experience in hairdressing, health and naturotherapy as well as those in retraining. This is an opportunity to join a growing and constantly evolving network.