Boost Home Health Care Franchise
Boost Home Healthcare is a Best Life Brands franchise focused on providing nurse-inspired clinical excellence, one patient at a time. Over the past decade, Boost Home Healthcare has provided high-quality healthcare for patients in our community, resulting in our reputation of responsibility, compassion, and professionalism.
Our home health program includes many healthcare, rehabilitation, and clinical services to enhance at-home healing and support recovery. We offer a full spectrum of home health, ranging from nursing care, physical therapy, occupational therapy, and speech therapy. It's proven that most people recover quicker in the comfort of their own homes. At Boost Home Healthcare, we make the desire to receive care at home a reality.
To buy a franchise with Boost Home Health Care, you'll need to have at least $70,000 in liquid capital and a minimum net worth of $750,000. Boost Home Health Care charges a franchise fee of $60,000.
Franchisor Details
Total Units: 7
Year Founded: 2021
Franchising Since: 2021
Home Office: Troy, MI
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $70,000
Net Worth Required: $750,000
Total Investment: $255,150 – $410,250
Franchise Fee: $60,000 - $150,000
Royalty Type: 3.5% for Medicaid transactions, 5% for Medicare or private/commercial insurance
Vetern Discount: VetFran and First Responder
*Boost Home Health Care is currently accepting inquiries from the following locations: Alaska, Arizona, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, Wisconsin, Wyoming
Values & History
Our brands exist to help people live their best lives possible, and our all-star team supports franchisees who want to create a meaningful business opportunity for themselves through these values:
- High-Quality Care: We understand the nuances surrounding the home health industry, and we go above and beyond to ensure our patients receive the compassionate care they deserve.
- Strong Culture: We focus on our core values to ensure we meet needs along the entire continuum of home care.
- Knowledgeable and Caring Support System: By providing continuous training, education, resources and support, we cultivate a kind and experienced team that offers excellent home-based healthcare.
Industry Performance
Studies show by the year 2040, about one in five Americans will be over the age of 65. That’s up from about one in eight in 2000. The demand for clinical home healthcare is only increasing, and home care offerings will be needed more than ever in coming years. This offers a prime opportunity to join the growing home healthcare space.
- Home health is part of the senior care industry – a healthy, competitive market generating $300 billion/year.
- In 1998, the gross output in home health was approximately $36 billion. In 2018, it was nearly $87 billion. Freestanding home health agencies had an aggregate profit margin of 15% in 2017.
- Profit margins of for-profit agencies checked in at 16%. Nonprofit agencies saw margins of 11%.
- With continuous growth in recent years, now is the time to invest.
Investing in a Boost Home Healthcare franchise provides a promising future with unparalleled opportunities for growth and expansion.
Training & Support
Best Life Brands leadership, exceptional staff, and the training and resources arm you with everything you need to start and grow a successful business, including financing, operations, marketing, and HR.
Boost’s Four Phase Training program for new franchise owners is more comprehensive than any other company in our industry and is conducted by professionals with substantial experience in all aspects of home care business operations.
- Introduction and Licensing (licensing and location intro training – 34 Hours)
- Classroom Training (58 Hours)
- Final Opening Training (16 Hours)
- Onsite Training (32-40 Hours at franchisee location during the first 12 months of operation)
Ideal Candidate & Qualifications
You don't need extensive healthcare experience or a ten-page resume. Our most successful franchise owners are those who:
- Have a passion for their community
- Have an entrepreneurial spirit
- Love what they do – helping others live their best lives
- Are willing to incorporate our robust training program
- Want to thrive in a home care business
What will be the role of the owner?
Function of the Owner & Daily Tasks the Franchise Owner is traditionally the face and voice of their business, spending the majority of time building relationships with referral sources. In addition, the owner oversees the operational functions of the business, home health aide recruitment & retention as well as financial management. Boost is an owner/operator model and is not suitable for absentee ownership. Teams with two spouses tend to do very well at Best Life Brands franchises.
Purchasing a Boost Home Health Care Franchise
Initial Franchise Fee: $60,000+. Net Worth Required: $750,000. Total Investment: $255,150 – $410,250. Liquid Capital Required: $70,000.
Boost Home Health Care is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Boost Home Health Care is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.