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Promoted Opportunities

Touching Hearts At Home
#492

Initial Investment

LOW: $48,400
HIGH: $69,100

Change in Units

+11.1% +5 UNITS (1 Year)
+66.7% +20 UNITS (3 Years)

Company Profile

Founded

1996

Franchising Since

2007 (10 Years)

Corporate Address

7505 Metro Blvd., #340 Minneapolis, MN 55439

CEO

Renae Peterson

About Touching Hearts At Home

Touching Hearts at Home founder Renae Olafson grew up in the family responsible for the founding of Merry Maids, and was a Merry Maids franchisee herself for almost 10 years. She started her nonmedical home care company in St. Paul/Minneapolis, Minnesota, in 1996, and began franchising in 2007. Touching Hearts at Home franchisees offer personal and companionship care, meal prep, transportation, help with medication and Alzheimer's and dementia care services.

Financials

Financial Requirements

Initial Investment

$48,400 - $69,100

Net-worth Requirement

$50,000 - $75,000

Liquid Cash Requirement

$34,500

Ongoing Fees

Initial Franchise Fee

$34,500

Ongoing Royalty Fee

3-5%

Financing Options

Touching Hearts At Home has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs

Veteran Incentives


10% off franchise fee

Units (Locations)

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

Operations & Franchisor Support

Training at headquarters: 5 days

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Security

Marketing Support
Ad Slicks

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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: August 2nd, 2016

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