Executive Home Care Franchise
To buy a franchise with Executive Home Care, you'll need to have at least $200000 in liquid capital and a minimum net worth of $400000. Executive Home Care charges a franchise fee of $44900. They also offer a discount for veterans.
Franchisor Details
Total Units: 22
Year Founded: 2004
Franchising Since: 2013
Home Office: Hackensack, New Jersey
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $200,000
Net Worth Required: $400,000
Total Investment: $97,750 – $169,900
Franchise Fee: $44,900
Royalty Type: 5%
Vetern Discount: Yes
*Executive Home Care is currently accepting inquiries from the following locations: 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 Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
Devotion to the client experience is what puts Executive Home Care at the forefront of the industry. Founded in 2004, Executive Home Care has won countless awards and accolades for its complete range of services, leading to consistent growth and expansion since it began franchising in 2012. Our philosophy is simple: "When you take care of your caregivers and clients, they will take care of you and your business." Our mission to provide compassionate quality home health care services to our clients allows them to remain safe and independent in the comfort of their homes while growing the success of our franchise owners.
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.
Training & Support
Complete training covering all business concepts and practices is provided. Our dedicated Opening Services team will assist with pre-opening planning and business development, foundational home care and industry training under the brand, and many other fundamental tasks. Franchise owners then move to a five-day on-site comprehensive training that covers more in-depth industry parameters, the franchisor/franchisee relationship, business ownership, care management, and more. On-site support is provided once the doors open, with business coaching, marketing and sales training, and a variety of additional support options available.
Ideal Candidate & Qualifications
Our successful franchisees come from a diverse range of backgrounds, from IT professionals to School Administrators, but all understand the importance of prioritizing quality care. While no medical experience is necessary, Executive Home Care owners must be business-minded individuals willing to hire and lead a team of professional, compassionate caregivers to deliver the necessary services to our clients. Franchise owners will assemble, develop, and manage the team and the business together, so relationship building and leadership skills are essential to the success of the franchise.
Purchasing a Executive Home Care Franchise
Those interested in purchasing an Executive Home Care franchise will need to have a minimum net worth of $200k with access to no less than $100k in liquid funds. The total initial investment is typically about $200k, with a range of financing options available via third-party lenders for qualified candidates.
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Executive Home Care is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
"*" indicates required fields
Executive Home Care is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.