- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$115K - $212K
- Units as of 2023
183 115.3% over 3 years
Home care services may be increasing in demand, and Nurse Next Door Home Care Services provides caregiving to seniors in many communities. As a Nurse Next Door Home Care Services franchisee, you might be making longer visits to seniors to get to know them better. You may also have the freedom to care for them as you would for your own family. Providing companionship and dependability as part of your caregiving service is typically required.
Why You May Want to Open a Nurse Next Door Home Care Services Franchise
Nurse Next Door Home Care Services is one of the more well-known service providers in the home care industry. There are several unique aspects to being a part of the Nurse Next Door Home Care Services team. Some aspects may be operating in the home care industry with a "heart." Doing this may allow you to genuinely make a difference in people's lives and your community with your Nurse Next Door Home Care Services franchise.
The demand for both medical and non-medical home care (which Nurse Next Door Home Care Services offers both of) is typically high. The number of seniors preferring home care to care facilities may be increasing, and it may be a blessing for them to have your services. You don't typically need a health care background to operate this franchise. Caring for seniors may be good for people who thrive on making people happy.
What Might Make a Nurse Next Door Home Care Services a Good Choice?
To be part of the Nurse Next Door Home Care Services team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
This industry is resilient, as there is usually a need to care for our community's seniors. It may be a great choice of service business for people that love people. If you love being surrounded by people who enjoy helping others, consider starting a career as a Nurse Next Door Home Care Services franchisee.
This also may be an excellent chance to get close to your community. Operating a Nurse Next Door Home Care Services franchise might keep you involved in your community as you help those in need. You can generally be proud of the work that you accomplish in this industry. You may meet other purpose-driven nurses as a Nurse Next Door Home Care Services franchisee.
How to Own a Nurse Next Door Home Care Services Franchise
To be a successful franchisee, you usually need to believe in equal parts profit and purpose. It is typically fairly easy to start a Nurses Next Door Home Care Services franchise as you may not need to have any previous experience. However, you may need to have the right attitude. You may find yourself connecting with others and building relationships. As a result, you should be ready and willing to connect with others in your community.
Leading by example is one of the best ways to showcase the brand values and instill the appropriate culture for your team. You might also need to inspire them, hold them accountable, and help them deliver on Nurses Next Door Home Care Services' philosophy of caring for one’s community.
About Nurse Next Door Home Care Services
|Related Categories||Senior Care, Miscellaneous Health Services|
|Parent Company||Nurse Next Door Professional Home Care Services Inc.|
|Leadership||Arif Abdulla, VP Global Franchise Development|
300 - 1788 W. 5th Ave.
Vancouver, BC V6J 1P2
|Social||Facebook, Twitter, LinkedIn, Instagram, YouTube|
|Franchising Since||2007 (16 years)|
|# of employees at HQ||65|
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
|# of Units||183 (as of 2023)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Nurse Next Door Home Care Services 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$115,115 - $211,600|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|$5,000 off franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|In-House Financing||Nurse Next Door Home Care Services offers in-house financing to cover the following: franchise fee|
|Third Party Financing||Nurse Next Door Home Care Services 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.
|Classroom Training||40 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||Yes|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||2|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Franchise 500 Ranking History
Compare where Nurse Next Door Home Care Services landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Nurse Next Door Home Care Services ranked on other franchise lists? Find out below.
Are you eager to see what else is out there? Browse franchises that are similar to Nurse Next Door Home Care Services.
- Medical/nonmedical home care, medical staffing
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