Preferred HealthStaff
Home care, medical staffing- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$53K - $94K
- Units as of 2015
-
4 100.0% over 3 years
Company Overview
About Preferred HealthStaff
- Industry
- Personal-Care Businesses
- Related Categories
- Senior Care, Miscellaneous Health Services, Staffing/Recruiting
- Founded
- 2009
- Leadership
- Donna Moyer, Founder and CEO
Franchising Overview
- Franchising Since
- 2014 (7 years)
- # of employees at HQ
- 50
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 4 (as of 2015)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Preferred HealthStaff 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
- $35,000
- Initial Investment
- $53,000 - $94,000
- Net Worth Requirement
- $140,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- 5%
- 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
- Preferred HealthStaff 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
- 3-5 days
- Classroom Training
- 3-5 days
- Additional Training
- Additional training by computer
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField Operations
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional Advertising
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
- 2
- Are exclusive territories available?
- No
Franchise 500 Ranking History
Compare where Preferred HealthStaff landed on this year’s Franchise 500 Ranking versus previous years.
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