Next Day Access

Overview

Next Day Access is a franchise specializing in providing mobility and accessibility solutions, helping individuals with disabilities or mobility challenges to live more independently. The company offers a wide range of products, including wheelchair ramps, stairlifts, porch lifts, ceiling lifts, pool lifts, grab bars, and more. Their unique selling point is their ability to deliver and install these products quickly, often the next day, which is a significant advantage in the accessibility market.

History

Next Day Access was founded in 2010, leveraging the experience of its affiliate company, American Access, which has been in the wheelchair ramp industry since 1997. The company's franchising operations began in 2012, and since then, it has expanded to 33 locations across the United States. The founders aimed to address a gap in the market by offering quick and reliable accessibility solutions, a mission that continues to drive the company's growth.

Investment Breakdown

Investing in a Next Day Access franchise requires a moderate capital outlay. Here are the key financials:

Initial Franchise Fee: $83,499
Total Investment Range: $180,500 – $261,500
Liquid Capital Required: $100,000
Net Worth Required: $250,000
Royalty Fee: 8%
The franchise offers financial support through third-party financing, and there are discounts available for veterans.

Industry Snapshot

Next Day Access operates in the senior services and home accessibility industry, a sector that is experiencing significant growth due to the aging population. The demand for home modifications and accessibility solutions is rising as more people choose to age in place rather than move to assisted living facilities. This market trend positions Next Day Access in a favorable spot, with a focus on rapid service delivery and high-quality products, catering to a demographic that values both speed and reliability in service.