Assisting Hands Home Care

Franchise Opportunity

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Assisting Hands Home Care

Franchise Opportunity

Introduction to Assisting Hands Home Care

Assisting Hands Home Care is a leading provider of in-home care services, offering personalized assistance to seniors and others needing non-medical support. Established in 2006, the franchise has expanded significantly, emphasizing exceptional customer service and compassionate care. With a proven business model and a supportive leadership team, Assisting Hands presents a compelling opportunity for entrepreneurs interested in the senior care industry.

Franchise Overview

Assisting Hands Home Care was founded in 2006 and began franchising in 2007. The company has grown to over 200 franchise units across the United States, providing non-medical assistance to clients in their homes. Services include personal care, companionship, and homemaking, allowing clients to maintain independence and dignity. The franchise operates in a recession-resistant industry, with a growing demand for in-home care services due to an aging population.

  • Founded in 2006; franchising since 2007.
  • Over 200 franchise units across the United States.
  • Provides non-medical in-home care services.
  • Operates in a recession-resistant industry.
  • Growing demand due to an aging population.
The Assisting Hands Home Care Brand

Assisting Hands Home Care's brand is built on compassion, reliability, and personalized care. The franchise focuses on meeting the unique needs of each client, ensuring they receive the support necessary to remain in their homes. With a commitment to exceptional customer service, Assisting Hands has established a strong reputation in the senior care industry, differentiating itself through comprehensive training programs and ongoing support for franchisees.

  • Emphasizes compassion and personalized care.
  • Strong reputation in the senior care industry.
  • Comprehensive training programs for franchisees.
  • Ongoing support and resources for business growth.
  • Focus on exceptional customer service.
Franchise Investment Requirements
  • Initial Franchise Fee: $55,000
  • Total Initial Investment: $94,500 to $176,400
  • Liquid Capital Requirement: $100,000
  • Net Worth Requirement: $300,000
  • Royalty Fee: Sliding scale of 5% to 4% of gross revenue.

Initial Franchise Fee

$55,000 - $55,000

The franchise fee grants the rights to operate under the Assisting Hands Home Care brand and access to proprietary systems.

Total Initial Investment

$94,500 - $176,400

Includes franchise fee, operational setup, licensing, training, and marketing.

Royalty Fees

5%

Sliding scale of 5% to 4% of gross revenue.

Minimum Cash on Hand Required

$100,000

Recommended to cover operational costs and initial business development.

Net Worth Required

$300,000

Ensures financial stability and long-term success of the franchise.

Part-Time / Full-Time

Full-Time

Requires full-time involvement for optimal business growth.
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Location Availability
  • Franchise opportunities available throughout the United States.
  • Assistance with territory selection and analysis.
  • Focus on markets with strong demand for in-home care services.
  • Exclusive territories granted to franchisees.
  • Opportunities for multi-unit ownership in select markets.

Support and Training
  • Initial Training: Business operations, caregiver training, recruitment, billing, scheduling, and marketing.
  • Proprietary Software: Access to billing and scheduling systems.
  • Marketing Support: Local and national marketing strategies.
  • Ongoing Business Consultations: Continuous operational guidance.
  • Peer Network: Community of franchisees for shared learning and collaboration.

Earnings Potential
  • Average gross sales per location: $784,000.
  • Estimated EBITDA: $117,000 annually (assuming a 15% profit margin).
  • Multiple revenue streams enhance profitability.
  • Established brand recognition aids in client acquisition.
  • Earnings potential influenced by effective management and local market conditions.

Assisting Hands Home Care Franchisees: Who is a Good Fit?
  • Strong leadership and team management abilities.
  • Passion for helping others and community involvement.
  • Experience in business management or sales.
  • Financial stability to support investment requirements.
  • Willingness to be actively involved in daily operations.

Advantages of an Assisting Hands Home Care Franchise
  • Established brand with a strong reputation.
  • Multiple revenue streams enhance profitability.
  • Comprehensive training and ongoing support.
  • Access to proprietary systems and marketing resources.
  • Growing demand for in-home care services.

Challenges to Assisting Hands Home Care Franchise
  • Significant initial investment and operational costs.
  • Competition within the senior care industry.
  • Managing and retaining qualified caregivers.
  • Ensuring consistent quality and customer satisfaction.
  • Requires active involvement in business operations.

Conclusion

Assisting Hands Home Care presents a compelling franchise opportunity for entrepreneurs interested in the senior care industry. With a strong brand reputation, comprehensive support, and a growing demand for in-home care services, franchisees are well-positioned for success. However, financial planning and active engagement in operations are key to maximizing profitability.

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