Executive Home Care

Executive Home Care

Executive Home Care
Not Ranked

Initial Investment

LOW: $97,750
HIGH: $149,000

Change in Units

+50.0% +5 UNITS (1 Year)
+60.0% +6 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

2004

Franchising Since

2012 (4 Years)

Corporate Address

270 State St. Hackensack, NJ 07601

CEO

Lenny Verkhoglaz

Financials

Financial Requirements

Initial Investment

$97,750 - $149,000

Net-worth Requirement

$200,000

Liquid Cash Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$44,900

Ongoing Royalty Fee

5%

Financing Options

Executive Home Care offers in-house financing to cover the following: accounts receivable, payroll

Executive Home Care has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory

Veteran Incentives


20% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 4 days

Training at headquarters: 5 days

Additional Training: Two visits to franchisee location per year

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

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

Absentee Ownership Allowed

Number of employees required to run: 3

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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: September 30th, 2016

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