#365
At a Glance
Products & Services: Nonmedical in-home care services
Number of Locations: 99
Total Investment: $75.5K - 99.4K
Founded: 2010
Began Franchising: 2010
About FirstLight HomeCare
Based in Cincinnati, Ohio, FirstLight HomeCare franchisees provide nonmedical in-home care for seniors, mothers just home from the hospital, those recovering from surgery and other clients needing companionship or personal care.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 99 | 0 | 0 | 0 |
| 2011 | 33 | 0 | 0 | 0 |
| 2010 | 15 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $75,500 - $99,400
Franchise Fee: $33,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $33,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $75,000
Operations
Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 5 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: Website, SEO
Franchise Ranking History
Franchise 500®: #365 (2013),
Fastest-Growing: #46 (2013),
Top New: #25 (2013),
Related Stories
- How International Franchisors Are Making a Name for Themselves in the U.S.
- The Pros and Cons of Franchising Your Business
- Small Used Jewelry Business Leads to a Growing Pawn-Shop Franchise
- How 2 Businesses Stumbled Upon Franchising as the Key to Growth
- How a Coffee Franchise With Russian Roots Made it in the U.S.
Franchise Search
Featured Franchises For Sale
Advertisement
Fund Your Franchise Today
Use your existing IRA or 401k funds to purchase a franchise—with no tax penalties.Click HERE to learn more.
From the Entrepreneur Bookstore
