Home Health Mates
At a Glance
Products & Services: In-home medical & senior care
Number of Locations: 3
Total Investment: $89.85K - 134.35K
Founded: 2006
Began Franchising: 2008
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 3 | 0 | 0 | 0 |
| 2010 | 5 | 0 | 0 | 0 |
| 2009 | 4 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $89,850 - $134,350
Franchise Fee: $27,000 - $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 7 years, renewable
Franchise Fee: $27,000 - $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 7 years, renewable
Financial Requirements
Net Worth: $200,000
Liquid Cash Available: $65,000 - $90,000
Operations
Number of employees needed to run franchised unit: 2 - 3. Absentee ownership of franchise is allowed..| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: up to 5 days. At franchisee's location: up to 5 days.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: PR firm
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.
Related Franchises
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
