When you decide to become a small business owner, you’ll need to make an investment in time, resources, and money to make your goals a reality. An Executive Home Care franchise opportunity is no different. But by taking advantage of our senior healthcare offering, you’ll have access to a time-tested business model and our ongoing support as part of our senior care franchise cost. Best of all, because we’ve already helped so many others start their franchises, we’ve structured our investment to factor in just about everything you’ll need to get your location up and running. Here, we’ll take a closer look at the numbers and what they get you.
Becoming part of the Executive Home Care brand means paying an initial franchise fee, money all franchisors require new owners to pay, although that amount varies. In our case, you’ll be asked to pay $49,900. This fee grants you immediate access to our proven business model, proprietary logo, operations manual, marketing materials, and other valuable resources. You’ll also be expected to show a range of $45,000 to $68,000 in working capital and can expect to pay anywhere from $2,000 to $5,000 in necessary technology.
After your franchise doors open, you’ll be required to pay us 5% of your gross monthly sales. This fee allows us to continue developing new marketing materials, carry out important research and development and helps to offset the cost of your onboarding. In total, you can anticipate spending between $100,950 and $143,700 as a total initial investment in your new Executive Home Care franchise. This investment range includes our one-time franchise fee and factors in other expenses like payroll, licensing and insurance, rent and utilities, local marketing, and more.
An investment in an Executive Home Care franchise means you’ll be positioned as a leader in the in-home senior care industry as part of a highly respected and recognized brand. We have years of experience that we share with our franchisees to help them operate their businesses smoothly and successfully. Below are just a few of the perks that come with our brand investment.
· A Flexible Business Model: The Executive Home Care business model is built on multiple potential revenue streams that will let you meet important needs in your senior community and make you the go-to source for quality senior care.
· An Exclusive Territory: Our franchise development team will work with you using state-of-the-art demographics tools to build you a territory of contiguous zip codes with healthy household incomes and a population of at least 300,000 people.
· Robust Technology: Thanks to our nimble technology, you’ll possess a key advantage in scheduling, time and attendance, billing, payroll, and client care portal. We provide billing and payroll support for all franchisees so they can concentrate on building their business.
· Training and Support: We take an individualized approach to franchise training and support to meet your unique needs, allowing for a practical and hands-on experience. Our initial and ongoing guidance is augmented by expert marketing and sales assistance, among other resources.
As you can see, our Executive Home Care franchise cost is all-inclusive and is meant to prepare you to take full advantage of a robust and recession-resistant senior home care industry. We’re excited to keep growing and would love for you to be a part of our brand’s success!
To find out more information about an Executive Home Care senior care franchise opportunity, reach out today.
If you’re ready to be your own boss and are looking for a way to add meaning to your life while building a meaningful career, look no further than Executive Home Care. We’re a leader in the senior home care industry, and when you partner with us to open your senior care services franchise, you’ll be helping senior citizens in your community live comfortably and safely in their own homes while providing peace of mind to their families.