Visiting Angels

Visiting Angels

#96

Initial Investment

LOW: $63,750
HIGH: $104,500

Change in Units

+6.6% +34 UNITS (1 Year)
+10.4% +54 UNITS (3 Years)

Company Profile

Founded

1992

Franchising Since

1998 (18 Years)

Corporate Address

937 Haverford Rd., #200 Bryn Mawr, PA 19010

CEO

Lawrence Meigs

About Visiting Angels

After working as a social worker in a nursing home and listening to families express frustration about limited alternatives to nursing facilities or assisted living centers, Jeffrey Johnson began Visiting Angels in 1992 to provide experienced in-home caregivers to seniors. With franchisees nationwide, Visiting Angels offers living assistance services including hygiene assistance, meal preparation, light housekeeping, errands and shopping and companionship services.

Financials

Financial Requirements

Initial Investment

$63,750 - $104,500

Net-worth Requirement

$100,000

Liquid Cash Requirement

$40,000 - $50,000

Ongoing Fees

Initial Franchise Fee

$37,950 - $61,950

Ongoing Royalty Fee

3.5-2%

Ad Royalty Fee

2.5-1.5%

Franchise 500® Rank History

Highest Rank: 82

Lowest Rank: 269

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 5.5 days

Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 1

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: July 31st, 2015

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