Preferred HealthStaff

At a Glance

Products & Services: Home care, medical staffing

Number of Locations: 3

Total Investment: $62.1K - $94.7K

Founded: 2009

Began Franchising: 2014

Franchise Units

Year U.S. Canadian International Company Owned
2014 1 0 0 2
2013 N/A N/A N/A 2
2012 N/A N/A N/A 2
2011 N/A N/A N/A 1
2010 N/A N/A N/A 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $62,120 - $94,661
Franchise Fee: $35,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: 20% off franchise fee
Financial Requirements
Net Worth: $140,000
Liquid Cash Available: $56,000
Operations
Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 3-5 days. At franchisee's location: 3-5 days. Additional training by computer : up to 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

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