This ad will close in
Next
301/500
Back

FirstLight HomeCare

2014 Franchise 500
#301
At a Glance

Products & Services: Nonmedical home care

Number of Locations: 62

Total Investment: $85K - $120K

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
2013 62 0 0 0
2012 44 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. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $85,000 - $120,000
Franchise Fee: $38,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $60,000
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®: #301 (2014), #365 (2013),
Fastest-Growing: #46 (2013),
Top New: #17 (2014), #25 (2013),

Franchise Search

Find Franchise Opportunities for Sale

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise penalty-free. ($50k min)

Featured Franchises For Sale

International Franchise Expo - June 19-21, 2014

From the Entrepreneur Bookstore

Franchise Bible 7E
Franchise Bible 7E
By Erwin J. Keup and Peter Keup
More Info