|Liquid Capital Required:||$50,000|
|Net Worth Required:||$100,000|
|Total Investment:||$50,000 - $75,600|
|Financing:||Via 3rd party|
|Veteran Discount:||10% off Franchise Fee|
|Incorporated Name:||touching hearts at home|
|Home Office:||Minneapolis, MN|
|Awards:||Top 100 Most Affordable Franchise; Franchise 500|
About Touching Hearts at Home
A unique, non-medical home care company, Touching Hearts at Home offers a compassionate approach to in-home care for those in need, something we see as a privilege that requires tremendous integrity. Our organization draws on a wealth of experience from a corporate team comprised of industry professionals, making reliable service affordable and improving the lives of our clients. Delivering on the promise of quality care, creating a strong and rewarding partnership for all, and helping franchisees meet their business goals is our driving passion.
Values & History
Founded in St. Paul, MN in 1996, Touching Hearts at Home quickly found a growing interest in its unique approach to in-home care. The organization moved to a franchise model in 2007 and began offering its commitment to compassionate care to clients nationwide. Touching Hearts at Home specializes in quality care with a personal touch, carefully tailored to the needs of each unique client. CEO and founder Renae Peterson brings extensive ownership experience to the non-medical in-home care industry, having owned and operated a senior-care business for 11 years. Renae is also a successful franchisee herself, owning and operating a Merry Maids location, a franchise founded by her brother Dallen Peterson.
Home care providers fill a significant industry need as the number of seniors in the population continues to climb. 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. 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.
Purchasing a Touching Hearts at Home Franchise
Prospective owners of a Touching Hearts at Home franchise will need a minimum of $100k in net worth with at least $50k in liquid funds. Franchise fees for this opportunity run $39,500, with an expected total investment potential between $50k and $75k. Financing is currently unavailable. Veterans are offered a 10% discount from franchise fees in gratitude for their service.
Ideal Candidate & Qualifications
Ideal candidates for ownership have strong social and interpersonal skills, as the nature of our business relies heavily on quality customer care and service. Franchise owners will need to have strong management experience with a determination for business success while being able to put the welfare of our clients first. Marketing or sales experience isn't necessary, nor is any prior medical experience or training, however, possession of these kinds of skills will be a valuable asset for potential owners as they continue to grow their business.
Training & Support
Our comprehensive onboarding process includes several days at the corporate training site in Minneapolis, MN. The hands-on experience typically involves three or four owners learning together as a team, forging stronger bonds that will continue beyond the training session, enabling them to collaborate and support one another as they grow their respective operations. Ongoing support is provided through webinars, on-site visits, conference calls, and annual owners meetings, and no franchise owner is ever more than a phone call away from the advice or answers they need.