- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$37K - $273K
- Units as of 2024
-
18 40% over 3 years
Company Overview
About Helping Hand Security
Industry | Services (Other) |
---|---|
Related Categories | Security Services |
Founded | 2015 |
Parent Company | Helping Hand LLC |
Leadership | Chase Minnifield, CEO |
Corporate Address |
4809 Chaffey Ln. Lexington, KY 40515 |
Social | LinkedIn, Instagram |
Business Overview
Franchising Since | 2022 (2 years) |
---|---|
# of employees at HQ | 2 |
Where seeking |
This company is offering new franchises throughout the US. |
# of Units | 18 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Helping Hand Security franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$30,000 |
---|---|
Initial Investment
|
$37,450 - $273,150 |
Net Worth Requirement
|
$100,000 |
Cash Requirement
|
$50,000 |
Veteran Incentives
|
50% off franchise fee |
Royalty Fee
|
9% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
3 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Helping Hand Security offers in-house financing to cover the following: franchise fee, accounts receivable, payroll |
---|---|
Third Party Financing | Helping Hand Security has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 65 hours |
---|---|
Classroom Training | 32.5 hours |
Ongoing Support |
Meetings & Conventions
Online Support
Proprietary Software
|
Marketing Support |
Regional Advertising
Social Media
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 1 |
Are exclusive territories available?
|
Yes |
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