Going into business for yourself means an investment in time, resources, and finances, and an Executive Home Care home health care business is no different. But the good news is our opportunity comes with low start-up costs and our deep industry knowledge to help you establish and grow your franchise more quickly and profitably. Keep reading to find out more about what our investment looks like and all that it gets you.
Our Home Health Care Franchise Cost
Starting a small business requires capital, and depending on what industry you go into, that can be a considerable amount. Opening a quick-service restaurant franchise, for example, can involve an investment of multi-millions of dollars just to get one restaurant up and running. Many other industries require the same, which can deter investors from realizing their dream of business ownership.
An Executive Home Care franchise opportunity is one of the most affordable out there. Our home health care franchise cost factors in just about everything you’ll need to get your in-home senior care business up and running and includes plenty of our support. Below are a few numbers to consider:
Initial franchise fee: $49,900
- Working capital: $40,500 - $50,000
- Furniture, fixtures, equipment, and supplies: $1,000–$5,000
- Technology: $2,000 - $5,000
In total, you can expect to pay between $100,950 and $143,700 as an initial investment to open your first Executive Home Care franchise, with many of our franchisees choosing to open more than one because they save! Second and third territories require a reduced franchise fee of $39,000 and $34,500, respectively, and we offer a 10% discount to qualified veterans.
A Home Health Care Business with Plenty of Perks
When you become part of the Executive Home Care brand family, you get immediate access to a time-tested business model that has an answer for just about every question you may have about how to run your franchise. From where and how to find and hire qualified caregivers and staff to how to reach new clients to how to stay on top of best practices, our industry expertise is at the heart of our business model and allows our franchisees to operate smoothly and profitably.
Our corporate team also conducts ongoing research and development that will keep you ahead of the curve and the competition. The senior care industry is a robust and multi-faceted one, so we make sure our franchisees stay up-to-date on the very latest in technologies, trends, and consumer preferences.
To find out more about our opportunities and how to open a home health care franchise with Executive Home Care, reach out to our knowledgeable team today!