- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$210K - $274K
- Units as of 2022
-
12
Home Care for the 21st Century provides a range of services for seniors in their own homes. Headquartered in Bradenton, Florida, Home Care for the 21st Century was founded in 1994 and began franchising its concept in 2019.
Home Care for the 21st Century is searching for franchisees to open locations in select states across the United States.
Home Care for the 21st Century strongly believes that seniors are better off at home and seeks to ensure that seniors can stay in familiar surroundings for as long as possible. Home Care for the 21st Century offers a compassionate and professional 24-hour home care service.
Why You May Want To Start a Home Care for the 21st Century Franchise
Home Care for the 21st Century does not allow absentee ownership. Instead, franchisees will be directly involved in running their operation. Because of this, it's important that franchisees reflect the core values of the business. Opening a Home Care for the 21st Century might be a good decision for you if you're positive, passionate about work, honest, responsible, and ambitious. Due to the nature of the work, you would be responsible for maintaining very high standards.
What Might Make a Home Care for the 21st Century Franchise a Good Choice?
Of course, different seniors have different needs. Recognizing this, Home Care for the 21st Century offers eight different business models that the franchisee can follow. Some franchises may provide just one service, while others offer more. The eight models include
Companion Care: Caregivers do chores, remind clients to take medication, prepare meals, and chat with them.
Personal Care: Same as above, but also includes dressing, feeding, and attending medical appointments.
Private Service Provision: The franchisee sends nurses to give needed therapies.
Medicare Skilled Services: The client's physician has prescribed services and your nurse provides them.
Hospice Care: Here, the franchisee works closely with the client and their family to provide end-of-life care.
Medical Staffing: This involves providing health facilities with the staff that they need, whether for temporary or full-time positions.
Non-Emergency Transport: This might involve taking your client to the store, visiting relatives, or attending medical appointments.
Equipment Provision: This model offers a wide range of equipment, from wheelchairs to oxygen tanks, that will help your client live as independently as possible.
To be part of the Home Care for the 21st Century team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set liquid capital requirements.
How To Open a Home Care for the 21st Century Franchise
If you're ready to get started with a Home Care for the 21st Century franchise, start by taking a closer look at your neighborhood. Do you live in an area with a higher population of seniors who might require in-home care? Before making any financial commitment or signing an agreement, speak to existing franchisees and ask the Home Care for the 21st Century business advisory team your questions. Typically, Home Care for the 21st Century offers ten-year franchises.
Franchisees usually receive full training and comprehensive support that includes a focus on business structure. Home Care for the 21st Century may also provide training and marketing materials. During training, they cover everything from hospice care to infusion and wound therapy.
Company Overview
About Home Care for the 21st Century
Industry | Personal-Care Businesses |
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Related Categories | Senior Care, Miscellaneous Health Services |
Founded | 1994 |
Parent Company | 21st Century Home Health Care |
Leadership | Lori McCauley, VP |
Corporate Address |
3911 Golf Park Loop, #104 Bradenton, FL 34203 |
Social | Facebook, Twitter, LinkedIn, YouTube |
Business Overview
Franchising Since | 2019 (5 years) |
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# of employees at HQ | 55 |
Where seeking |
This company is offering new franchises in the following US states: Alaska, Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming |
# of Units | 12 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Home Care for the 21st Century 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
|
$49,500 - $69,500 |
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Initial Investment
|
$209,900 - $273,500 |
Net Worth Requirement
|
$210,000 |
Cash Requirement
|
$200,000 |
Veteran Incentives
|
$2,500 off franchise fee |
Royalty Fee
|
5.4-6.9% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 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.
Third Party Financing | Home Care for the 21st Century has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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 | 24 hours |
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Classroom Training | 64 hours |
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 3 |
Are exclusive territories available?
|
Yes |
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