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Description

How To Open an Assisting Hands Home Care Franchise?

To embark on your journey as an Assisting Hands Home Care franchisee, the initial step is to complete an ownership application. Following this, you will receive a Franchise Disclosure Document (FDD) detailing essential information about the franchise. A series of interviews and discussions may follow, leading up to a discovery day where you can interact with current franchisees and company executives. Once you meet all qualifications and requirements, you will be awarded your franchise, allowing you to start providing in-home care services to clients in your designated territory.

What Makes Assisting Hands Home Care a Compelling Franchise Opportunity?

Assisting Hands Home Care offers a robust business model that caters to a growing demographic, particularly the elderly population requiring in-home care. With an initial investment ranging from $94,500 to $176,400, which includes a franchise fee of $55,000, this franchise provides a pathway to operate in a stable and expanding market. Franchisees benefit from comprehensive training and ongoing support, which equips them to navigate the complexities of the care industry. The brand's commitment to quality service enhances your ability to attract clients and build a reputable business.

Why Consider Starting an Assisting Hands Home Care Franchise?

The demand for in-home care services is on the rise, driven by an aging population desiring to maintain their independence. Assisting Hands Home Care provides both non-medical and qualified medical assistance, offering a diverse range of services such as personal care, companionship, and skilled nursing. For those passionate about helping others and making a difference in their communities, this franchise represents an opportunity to blend business interests with meaningful work. Franchisees can leverage the brand's established reputation to gain a competitive edge in the marketplace.

Is an Assisting Hands Home Care Franchise Right For You?

Owning an Assisting Hands Home Care franchise requires a commitment to high-quality service and operational excellence. With the potential to earn substantial revenue—some franchise locations have reported gross revenues exceeding $8 million annually—this opportunity can be financially rewarding. However, it's essential to assess your personal skills, financial readiness, and the specific needs of your community before committing. Understanding the competitive landscape and engaging with existing franchisees can provide valuable insights into whether this franchise aligns with your business aspirations.

Assisting Hands Home Care Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Healthcare & Senior Care
A more specific division within the broader industry.

Category

Home Healthcare
Available financing options to help start the franchise.

Funding Year

2006
The main organization that owns the franchise brand.

Parent Company

Assisting Hands Home Care, LLC
The key individuals guiding the franchise’s strategy and growth.

Leadership

Todd Leff
The official business address of the franchisor’s headquarters.

Corporate Address

5700 E. Franklin Road, Suite #105, Nampa, Idaho 83687
The total amount required to launch the franchise.

Initial Investment

$94,500 - $176,400
The initial fee paid to join the franchise system.

Franchise Fee

$55,000
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

4%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

0.50%
The minimum liquid capital you must have on hand.

Cash Required

$94,500 - $176,400
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$300,000 - $500,000
The typical yearly revenue generated per franchise location.

Average Revenue

$1,017,844
The middle value of yearly revenue among franchise locations.

Median Revenue

$1,032,314
The smallest reported annual revenue among franchisees.

Lowest Revenue

$182,965
The largest reported annual revenue among franchisees.

Highest Revenue

$10,021,397
The estimated timeframe to recover your initial costs.

Breakeven Time

12 Months
The estimated period to recoup your total investment.

Investment Payback

30 Months

Assisting Hands Home Care Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

175
The number of locations owned by independent franchisees.

Franchised Units

170
The number of locations owned and run by the franchisor.

Corporate Units

5
Units 2021 2022 2023
Total Units 146 156 175
Net Change YoY 10 19
Franchised Units 142 151 170
Net Change YoY 9 19
Corporate Units 4 5 5
Net Change YoY 1 0

Company Background

Assisting Hands Home Care is a leading provider of in-home care services, dedicated to enhancing the quality of life for seniors and individuals with disabilities. Established with a vision to offer compassionate and personalized care, Assisting Hands Home Care operates across the United States, with numerous franchise locations. Their services include personal care, companionship, respite care, and specialized support for those with chronic illnesses, ensuring clients receive the assistance they need to maintain independence in the comfort of their homes.

Franchise Opportunity

Investing in an Assisting Hands Home Care franchise offers a unique opportunity to join a growing industry focused on senior care. With an aging population and increasing demand for in-home services, franchisees can tap into a lucrative market while making a positive impact in their communities. The franchise provides comprehensive training, ongoing support, and a proven business model, empowering entrepreneurs to build a successful business that aligns with their personal values of care and service.

Corporate Structure

Assisting Hands Home Care, LLC was founded in 2006 and is headquartered in Palm Harbor, Florida. The company has established a strong franchise network, enabling entrepreneurs to operate under the Assisting Hands brand while benefitting from corporate support and resources. The franchise system is designed to maintain high standards of care and operational efficiency, ensuring consistent service delivery across all locations.

Royalties

Franchisees pay an initial franchise fee and ongoing royalties of 5% of gross sales. Additionally, there is a marketing contribution of 2% of gross sales to support brand promotion and local advertising efforts. These fees help maintain the quality and consistency of the Assisting Hands Home Care brand while providing franchisees with the necessary tools to grow their business.

Company Mission

The mission of Assisting Hands Home Care is to provide compassionate, high-quality in-home care that enhances the quality of life for clients and their families. The franchise prioritizes individualized care plans tailored to each client's unique needs, ensuring they receive the support necessary to live dignified and fulfilling lives. Through a commitment to excellence, integrity, and respect, Assisting Hands aims to be a trusted partner for families seeking care solutions.

Brand Story

Founded by a team of healthcare professionals and entrepreneurs, Assisting Hands Home Care was established to address the growing need for personalized care in the home setting. The brand's commitment to quality and compassionate care quickly set it apart from competitors. Over the years, Assisting Hands has expanded its reach through franchising, allowing passionate individuals to join the mission of providing exceptional care. Today, Assisting Hands Home Care is recognized as a trusted leader in the in-home care industry, reflecting its dedication to enhancing the lives of those it serves.

Frequently Asked Questions

The total investment required to start an Assisting Hands franchise ranges between $94,500 and $176,400. This includes an initial franchise fee of $55,200 payable to the franchisor.