Nora Mental Health

Nora Mental Health is a pioneering force in the mental health sector, offering franchisees a comprehensive support system and leveraging technology, particularly the NorApp, to boost both client and staff satisfaction while increasing revenue.

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Nora Mental Health Franchise Cost and Requirements for 2024

Background

Need More Reasons to Join the Nora Mental Health Family?
Low Cost of Entry

With the average cost to start a medical or mental health franchise being well over $100,000, our model allows you to get up and running for less and still have access to all the resources and support that come with being a part of our franchise family.

Every Staff Member Produces Revenue

Every single one of your employees or contractors will produce income as they see clients, which means every employee contributes positively to the bottom line.

No Mental Health Experience Needed

Our extensive training program will allow you to become a successful franchise owner even if you have no prior experience in mental health or healthcare. You do not need to be a licensed mental health clinician in order to own an Nora Mental Health franchise.

A Proven System
Nora Mental Health offers operational systems that are tested and proven to succeed, rapidly. Utilizing our experience, support, marketing and operational systems plus your drive to succeed will create your own thriving Nora Mental Health clinic!

Multiple Sources of Revenue
Nora Mental Health Clinics generate significant income by providing a range of mental health services in the office, out of the office, offering medication management services, collaborating with local and state organizations...and more!

Recession Resistant
In contrast to other businesses, the healthcare and mental health industries have been immune to economic downturns because insurance companies are legally required to cover the services we offer.

Low Overhead
Nora Mental Health clinics are lean operations requiring no receptionist and no administrative staff. This means your costs are fixed, and as your clinic grows, so does your profit margin.

Tele-Therapy Utilization
Insurance companies are covering tele-therapy services which allows you to have staff clinicians working virtually, taking up no office space and saving you money on overhead.

Conversion Model
If you already have a practice but no longer wish to deal with all the minutiae, are having a hard time growing or would like to join the Nora family, we offer a conversion option to convert your existing clinic to an Nora Mental Health clinic for half the cost!

Staff and Client Retention
Our proven methods of supporting and supervising our team members drastically reduces turnover because we are dedicated to taking care of our team. Lower clinician turnover rates also lead to higher client/patient retention rates.

Semi-Absentee
The Nora Mental Health clinic is a great option for those who want to run a business without having to be on-site all the time. Nora clinics can be run semi-absentee when you have a licensed Clinical Director on staff.

Team Synergy
We value all of our team members and franchisees and we put a strong emphasis on creating a fun atmosphere to work and a fun experience for all of us! This includes our annual convention. We believe owning a mental health clinic should not be a drag and it isn't!

Company Details

Established: 2018
First Unit Franchised: 2023
Franchised Units: 3
Company Owned Units: 6
States AVAILABLE: Alabama - AL, Arkansas - AR, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Massachusetts - MA, Michigan - MI, Mississippi - MS, Missouri - MO, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Tennessee - TN, Texas - TX, Vermont - VT, West Virginia - WV, Wisconsin - WI, Wyoming - WY

Locations SOLD OUT: Alaska - AK, Arizona - AZ, Colorado - CO, Utah - UT, Montana - MT, Nashville, KC, Columbus, Youngstown, Jacksonville

Canada Franchises: No
International Franchises: Yes

Support and Training Offered By Nora Mental Health

Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: Yes
Training:
Our extensive training program, combined with our detailed operations manual, will teach franchisees all they need to know about running their own Nora Mental Health clinic.

Our training topics are:

Nora Mental Health Principles and Standards
Culture
Business Basics
Insurance and Billing
Policies and Procedures

Training takes places online or at one of our locations.

Ongoing coaching is also provided once the franchisee opens with monthly franchisee meetings and weekly conference calls for the first 12 weeks.

Private, exclusive webinars, articles, and books will also be available to all franchisees.

2024 Franchise Requirements Needed to Own a Nora Mental Health Franchise.

What does a Nora Mental Health Franchise Cost?

Nora Mental Health franchise fees for 2024:

Cash Investment: $80,000-$200,000
Total Investment: $80,000-$200,000
Minimum Net Worth: $100,000
Franchise Fee: $40,000
Royalty: 6%
Ad: $100 Per Month Per Clinician
Item 19: Yes
Average Number of Employees: 6
Visa Candidates: Yes
Passive Ownership: Yes
Home-Based: No
B2B: No
Master Franchise Opportunities: International
Veteran Discount: Yes

three-unit Minimum

Is Nora Mental Health a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Nora Mental Health is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Nora Mental Health a Home Based franchise?

No. Nora Mental Health is not a home based franchise opportunity.

What Do Nora Mental Health Franchise Owners Make?

Click here to find out how much Nora Mental Health franchisees make. Nora Mental Health offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Nora Mental Health a Master Franchise Opportunity?

No. Nora Mental Health is not a master franchise opportunity.

Does Nora Mental Health Offer a Veteran Discount?

Yes. Nora Mental Health franchise does offer a veteran discount.

Does Nora Mental Health Work with E2 Visa and EB-5 Visa Candidates?

Yes. Nora Mental Health franchise does work with E2 Visa and EB-5 Visa candidates.

Is Nora Mental Health Looking for Franchisees in Canada?

No. Nora Mental Health franchise is not looking for Canada franchisees.

Is Nora Mental Health Looking for International franchisees?

Yes. Nora Mental Health franchise is looking for International franchisees.

Where can I see Nora Mental Health's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Health, Beauty & Nutrition, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Nora Mental Health Franchise Reviews

Nora Mental Health Franchises for Sale

Click Here to inquire about existing Nora Mental Health franchises for sale. We may have Nora Mental Health franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.