Ellie Mental Health FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for a business that operates an outpatient counseling and therapy clinic under the “Ellie Mental HealthTM” service mark providing counseling, medication management, and therapeutic products and services, by licensed clinical counselors and therapists and prescribers.
Corporate Information
Ellie Fam LLC is a Minnesota limited liability company formed on September 6, 2019. Their principal business address is 1345 Mendota Heights Road, Mendota Heights, Minnesota 55120. From their inception to about June 2021, they did business under their company name and “Ellie Family Services®”. In June 2021, they rebranded “Ellie Family Services” to “Ellie Mental HealthTM”. They currently do business only under their company name and “Ellie Mental Health”. In June 2021, they began offering franchises for Ellie Mental Health businesses.
Investment
The total investment necessary to begin operation of a business that operates a new startup Ellie Mental Health clinic (ranging from 4 Qualified Clinicians and no Qualified Prescribers to 7 Qualified Clinicians and 1 Qualified Prescriber) is $278,500 to $480,350. This includes $90,000 to $91,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin operation of a business that operates an Ellie Mental Health clinic converted from an existing clinic (ranging from 4 Qualified Clinicians and no Qualified Prescribers to 7 Qualified Clinicians and 1 Qualified Prescriber) is $212,100 to $345,775. This includes $50,000 to $51,000 that must be paid to the franchisor or their affiliates.
The total investment necessary under an Area Development Agreement is $116,000 to $194,000 (to develop 2 to 4 startup Ellie Mental Health clinics). This includes $110,000 to $187,500 that must be paid to the franchisor or their affiliates. The total investments for a startup Ellie Mental Health clinic also apply to each Ellie Mental Health clinic that you develop under an Area Development Agreement, and you will pay to the franchisor a Development Fee based upon the number of Ellie Mental Health clinics that you commit to open (credited against the initial franchise fee due under each Franchise Agreement).
