FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
FranNet Verified BrandFranchise Costs
| Liquid Capital Required: | $75,000 |
| Net Worth Required: | $300,000 |
| Total Investment: | $82,050 - $152,000 |
| Franchise Fee: | $48,000 |
| Royalty Type: | 5% - 4% (sliding scale) |
Franchisee Options
| Financing: | Available |
| Training: | Available |
| Veteran Discount: | Yes |
Franchisor Details
| Incorporated Name: | Assisting Hands Home Care, LLC |
| Total Units: | 140 |
| Year Founded: | 2006 |
| Franchising Since: | 2007 |
| Home Office: | Nampa, Idaho |
About Assisting Hands Home Care
One of the leading in-home care service franchises available, Assisting Hands provides exceptional, personalized, dependable care for clients while providing franchisees with a scalable business model that's met with continuous success under a leadership team with more than 25 years of experience in the healthcare industry. While most of our care is directed towards seniors, anyone requiring assistance remaining in their home due to disability or illness is a potential client. Our services directly support the choices of each client as they seek to remain in their own homes, reclaim their independence and dignity, and live rich and fulfilling lives.
Values & History
Franchising since 2006, Assisting Hands now has nearly 50 units operating across the US thanks to its proven model of success for franchise owners and clients alike. Our core purpose is to provide exceptional in-home care that enriches the lives of our clients and provides peace of mind for their families, and we deliver on that promise with a compassionate, comprehensive approach to assisted living service that is derived from an overall spirit of real concern for the welfare and satisfaction of those who need our care.
Industry Performance
As the number of seniors in the population continues to climb the need for home health care providers becomes more apparent. The home care industry as a whole brought in over $99 billion in total revenue for 2019, experiencing annual average growth of 3.7% over the last five years and projected to swell to 5.8% over the next year. About 20% of the US population, roughly 54 million people, are currently senior citizens and about 10,000 people will reach the age of 65 each day for the next twenty years.
Purchasing a Assisting Hands Home Care Franchise
Entrepreneurs interested in an Assisting Hands franchise will need to have a minimum net worth of at least $150k and access to at least $50,000 in liquid funds. A variety of financing options are available through third-party lenders for those that qualify. The expected initial investment potential ranges between $66,450 and $135,000 for most franchisees.
Ideal Candidate & Qualifications
The best candidates for ownership will be dedicated to service excellence and administration of compassionate, quality care for those in need within the community. A background in business management is helpful, but not necessary. No medical experience is necessary, as franchisees will be expected to lead their team of professionals and focus on growing and improving their business.
Training & Support
New franchisees will participate in a full week of training that includes both classroom instruction and onsite guidance. All aspects of business operation are covered, complete with caregiver training, recruitment strategies, billing, scheduling practices, customer service, cash flow management, and marketing strategies. Ongoing support through additional tools and services are also available, from a company-based intranet and proprietary software systems to regional marketing and PR materials.
FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
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Available In:
Assisting Hands Home Care is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming