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Investment for Home Care Franchise
Franchise.com's #1 Franchise Industry to Own in 2019
If you've ever considered starting a business in healthcare, now is the time! 10,000 people a day turn 65 in the United States according to the Pew Research Center. By 2029, 18% of the U.S. Population will be 65 or older. The average annual costs for in-home care services in the United States is around 20k, according to NRP. According to AARP, 89% of seniors prefer to stay in the comfort of their own home rather than relocate to a senior living community.
Review the investment information below and reach out to learn more.
Expenditure
Low
High
Franchise Fee
$40,000
$40,000
Furniture and Fixtures
$1,700
$3,200
Equipment
$2,150
$4,100
Opening Inventory and Supplies
$2,450
$3,900
Software
$400
$680
Signage
$250
$1,000
Initial Marketing Fee
$500
$500
Market Introduction Program
$500
$5,000
Training, Living and Travel Expenses
$500
$4,500
Three Month's Rent
$3,000
$4,200
Security Deposit
$1,000
$1,400
Miscellaneous Costs
$1,000
$2,000
Professional Fees, Permits and Licenses
$2,000
$10,000
Insurance Premium
$5,000
$8,000
Additional Funds - 3 Months
$25,950
$43,700
Total
$86,400
$132,180
Income Statements*
Location 1
Location 2
* Refer to our 2021 Franchise Disclosure Document to see the full Item 19
Home Care Franchise Opportunity
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