Federal Injury Centers Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$65,300 - $195,000
Franchise Fee
$15,000
Min Cash Required
$25,000
Total US Locations
56
Business Summary
Federal Injury Centers offers franchises for businesses that either train healthcare practitioners to handle U.S. Department of Labor/Office of Workers' Compensation Programs injury claims from a medical facility or provide management, marketing, and facility services to medical practices that offer such training and services. These businesses operate under the Federal Injury Centers brand, focusing on services for injured federal workers.
Corporate History
Federal Injury Centers, LLC was established on January 6, 2020, and began offering franchises in February 2020. The company's core business involves operating a franchise system for clinics specializing in U.S. Department of Labor/Office of Workers' Compensation Programs injury claims. Key personnel, Christopher Helms (President) and Thomas Giampa (Vice President), previously held leadership roles at Future Healthcare Systems, Inc. from 2015 to 2019, while Joseph Giampa (Partner) was a healthcare consultant during the same period. Federal Injury Centers also manages 'Managed Facilities' similar to the franchised clinics.
Financial Overview
Investment Range
$65,300 - $195,000
Franchise Fee (Low)
$15,000
Franchise Fee (High)
$49,000
Minimum Cash Required
$25,000
Royalty %
8.5%
Equipment Costs (Low)
$5,800
Equipment Costs (High)
$53,000
Working Capital
$37,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
Federal Injury Centers' financial statements show a net income of $937,394 for the year ending December 31, 2023, with total current assets of $244,768 and total current liabilities of $13,865, indicating a strong current position. Members' equity was $115,539 as of December 31, 2023. The company also disclosed a $100,000 legal settlement paid in 2023, which has been fully satisfied. The auditor issued an unqualified opinion, indicating that the financial statements present fairly, in all material respects, the company's financial position and results of operations.
Financing Details
Federal Injury Centers does not offer any direct or indirect financing to its franchisees. Additionally, Federal Injury Centers does not guarantee any notes, leases, or other obligations that franchisees may incur.
Performance Metrics
Total US Locations
56
Franchised Units
56
Corporate Units
0
Avg Square Footage
3,750
Franchising Since
2020
Legal & Compliance Analysis
Recent Litigation
Yes
Bankruptcy
Yes
Litigation Count
2
Litigation Summary
Federal Injury Centers was involved in two lawsuits that were mutually settled in June 2023. One case, filed on September 27, 2021, by a franchisee entity against Federal Injury Centers, LLC, alleged unjust enrichment and sought damages. The other case, filed on May 3, 2023, by Federal Injury Centers, LLC against the franchisee entity, sought injunctive relief and damages for copyright and trademark infringement, unfair competition, and false designation of origin. Federal Injury Centers, LLC paid $100,000 as part of the global settlement for both actions, without admitting any wrongdoing.
Bankruptcy History
Federal Injury Centers discloses that its Vice President, Thomas Giampa, filed for personal Chapter 7 bankruptcy on August 29, 2013, in the U.S. Bankruptcy Court in the District of Massachusetts. This bankruptcy was discharged on December 15, 2013.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew their Federal Injury Centers franchise, franchisees must be in compliance with their franchise agreement and all related agreements, provide 180 days prior written notice of their intent to renew, sign the then-current franchise agreement and related agreements, execute a general release in favor of Federal Injury Centers, and pay a renewal fee. Owners and their spouses must also guarantee the terms of the new agreement, which may have materially different terms.
Training & Support Program
Franchisor Assistance
Federal Injury Centers assists franchisees with various aspects, including granting the franchise rights, defining the designated territory, and loaning the confidential Operations Manual. Before opening, the franchisor reviews and approves the proposed clinic site and provides lists of approved suppliers, signage, equipment, furniture, and fixtures. Federal Injury Centers also lists the franchisee's clinic on its website and provides initial training for the franchisee's managing owner and one manager. After opening, Federal Injury Centers may require additional supplemental or system-wide training (for which fees and expenses may apply), communicates operating standards, provides marketing standards and approval, and supplies lists of approved vendors. However, Federal Injury Centers does not provide assistance with hiring employees.
Initial Training Hours
416
Training Location
Dayton, Ohio
Ongoing Support
After opening, Federal Injury Centers provides ongoing support through supplemental training, which may be required or offered at the franchisee's location for a fee. The franchisor continuously communicates operating standards, marketing guidelines, and approved vendor lists. Franchisees may also be required to attend an annual system conference, with an associated fee and personal travel expenses. Federal Injury Centers does not provide direct assistance with employee hiring but does require employees to wear approved uniforms and adhere to system standards.
Franchise Requirements
Ideal Candidate Profile
Federal Injury Centers seeks franchisees who are either licensed healthcare providers authorized to offer medical services under the OWCP and possess an OWCP provider number, or individuals operating in states that permit non-licensed professionals to own such businesses, provided they partner with or hire licensed healthcare providers with an OWCP Number. The managing owner of the franchise must hold at least a 25% ownership stake, complete initial training, and secure all necessary licenses and permits to operate the business.
Industry Experience Required
Yes
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
commercial
Owner Participation
supervisory
Territory Type
limited
Territory Size Requirements
Federal Injury Centers defines the designated territory for each clinic as the smaller of either a 10-mile radius around the clinic location (measured by road travel) or an area encompassing a population of 50,000 to 100,000 people, up to 20 miles from the clinic. In cases where a clinic is located within a facility that has a captive market, the territory may be restricted to the physical boundaries of that facility.
Staffing Notes
Federal Injury Centers requires that a Managing Owner or an approved Operating Manager continuously manage and supervise the clinic on-site. Franchisees are solely responsible for hiring, managing, and supervising their employees, although all employees must wear approved uniforms and adhere to system standards. Managers and employees with access to confidential information are required to sign confidentiality agreements.