Why Senior Home Care?
According to the U.S. Census Bureau, beginning in 2010 and continuing over the next 20 years, an average of 10,000 people per day will turn age 65. And according to the AARP, 67% of them will need some type of long-term care in the future. Only five percent (5%) reside or will reside in nursing homes. Some live in assisted living facilities or in hospice, but the majority of America’s aging population will remain at home and will need in-home care.
One in three Americans voluntarily provides unpaid, informal care each year to one or more ill or disabled family members or friends. The need for Senior Care Franchises is significant, and will only continue to rise as the Baby Boomers generation reach their senior years.
By building strong relationships with referral sources and understanding how to communicate successfully with them, our franchisees continue to grow their business with a high rate of satisfied customers.
What is the initial franchise fee?
The initial franchise fee is $55,000 for a single unit franchise. Additional franchises may be purchased by qualified individuals purchased at a discount.
What is the royalty fee?
Assisting Hands Home Care charges a sliding-scale royalty fee of 5% – 4% of the weekly gross revenue.
A royalty fee is a standard practice in the franchise industry, and is used to support the franchisor in creating and maintaining ongoing programs and systems that improve the overall company. Royalty fees allow us to continue to grow, thus building brand recognition.
How long does the franchise agreement last?
The term of the franchise agreement is ten years, with options for two additional ten-year renewals.
How many Assisting Hands Home Care franchises are there in the United States?
There are currently 180 Assisting Hands Home Care franchises with 101 offices throughout the United States and Canada.
How much money will I make?
Profitability varies greatly depending on a number of factors, including number of clients, location, capacity and operating costs, as well as the ability of the franchisee to manage and control the business. However we do provide Financial Performance Representations in our Franchise Disclosure Document for all franchisees operating longer than one full year. Our franchise representative will be glad to share this information with you at the appropriate time. We also encourage you to talk with our franchise owners to learn how they built their Assisting Hands business.
In line with national trends, demand for home care services throughout the United States is growing rapidly. Our franchise owners across the nation fill this need by providing exceptional caregivers to individual clients in their residences at scheduled sessions and times, up to 24 hours per day. They facilitate the maintenance of quality of life for those in need of medical and non-medical assistance, while allowing clients to remain in the comfort of their own homes.
There are prime franchise territories available throughout Missouri, including the following areas:
- Kansas City
- St. Louis
- Columbia
- Springfield
Is an Assisting Hands Franchise the Right Fit for You?
Assisting Hands Home Care is one of the leading, and fastest growing, in home care franchises. With over 200 territories, we’ve developed a proven and scalable business model, and a leadership team that is second to none in the industry.
Our leadership team has a diverse background and a wealth of experience in many aspects of business operations including finance, marketing, and home health franchising, in addition to more than 25 years in the health care industry.
With 101 offices across 28 states, we couple proven marketing strategies with quality care to generate client referrals. By building strong relationships with referral sources and understanding how to communicate successfully with them, our franchisees continue to grow their business with a high rate of satisfied clients.
Take The Next Step
Building a senior home care business can be the most rewarding experience of your life. We understand that you have lots of questions and we’re here to help you answer them. Please click the button below to get in touch and take the next step in becoming an Assisting Hands franchise owner. You will be contacted by our team shortly.
