- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$51K - $144K
- Units as of 2023
-
21 23.5% over 3 years
Executive Home Care was founded in 2004 and began franchising in 2012. The home health business serves seniors, the disabled, and those recovering from an illness or surgery in need of medical help at home. Executive Home Care values connection with their clients and an attitude of service.
Executive Home Care franchisees offer home health services, create and adhere to individualized plans of care, offer Alzheimer's and dementia care, light housekeeping and meal preparation, and companionship and peace of mind for their clients.
Since beginning to franchise, Executive Home Care has opened over 20 locations throughout the United States.
Why You May Want to Start an Executive Home Care Franchise
Executive Home Care values the client experience. Their service relies on a model of C.A.R.E, standing for shared values of Compassion, Attentiveness, Respect, and Excellence. A franchisee considering opening an Executive Home Care franchise will want to look into the company values and be committed to these same values. Potential franchisees should also agree to stay in compliance with state regulations.
An established customer base for Executive Home Care exists in the Northeast, as well as in Florida. Someone in these areas wanting to franchise may want to consider competition and the potential client base. Franchisees may grow if they can establish consistent clients, create an attitude of care and trust, and adhere to specific state guidelines regarding home healthcare.
Franchisees must be prepared to supervise and train a skilled team, demonstrate strong communication and time management skills, and understand the necessity of community ties.
What Might Make an Executive Home Care Franchise a Good Choice?
To be part of the Executive Home Care 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 net worth and liquid capital requirements.
Executive Home Care believes it offers some of the best training and support in the industry. They offer pre-opening training, in-class learning, continuing education, marketing, sales, and advertising resources. These may include website support, print materials, and public relations.
How To Open an Executive Home Care Franchise
It may not necessary to have a background in healthcare if you want to open an Executive Home Care franchise. People in backgrounds from restaurant management to accounting have experienced growth as Executive Home Care franchisees. However, a passion for the local community and dedication to people may make you a much more likely Executive Home Care franchisee candidate.
Before making any financial commitment or signing an agreement with Executive Home Care, perform your due diligence and establish if this is the right opportunity for you. As part of your research, you may want to keep a list of questions on-hand for your initial phone call interview, which may be the first step of your path to becoming an Executive Home Care franchisee. The next steps will include further interviews, a review of your proposed territory, discovery day, and finally, an Executive Home Care franchise agreement.
Company Overview
About Executive Home Care
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Senior Care |
| Founded | 2004 |
| Leadership | Kevin Porter, Brand President |
| Corporate Address |
8100 E. Indian School Rd., #201 Scottsdale, AZ 85251 |
| Social | Facebook, LinkedIn |
Business Overview
| Franchising Since | 2012 (12 years) |
|---|---|
| # of employees at HQ | 12 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 21 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Executive Home Care 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
|
$49,900 |
|---|---|
|
Initial Investment
|
$51,050 - $143,700 |
|
Net Worth Requirement
|
$200,000 |
|
Cash Requirement
|
$200,000 |
|
Veteran Incentives
|
20% off franchise fee |
|
Royalty Fee
|
5% |
|
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 | Executive Home Care 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 | 40 hours |
|---|---|
| Classroom Training | 72 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
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 |
Franchise 500 Ranking History
Compare where Executive Home Care landed on this year's Franchise 500 Ranking versus previous years.
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