Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

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

Related Franchises

Related Articles

What Franchisees Need to Know About Vendor Contracts

What Franchisees Need to Know About Vendor Contracts

When you purchase a franchise, you'll most likely be doing business with some outside vendors. Find out what you're legally responsible for.
Rick Grossmann
How McDonald's Origins Became Hollywood Fodder

How McDonald's Origins Became Hollywood Fodder

Franchising goes Hollywood.
McDonald's to Donate Meals to the Homeless in Vatican City

McDonald's to Donate Meals to the Homeless in Vatican City

It seems that the controversial McDonald's location is trying to get on its new neighbor's good side.
Nina Zipkin
The 19 Covenants of a Standard Franchise Agreement

The 19 Covenants of a Standard Franchise Agreement

A quick look at the promises, rights or duties that the franchisee or franchisor owes to the other.
Rick Grossmann
McDonald's India Rolls Out New Breakfast Menu Featuring Traditional Local Dishes

McDonald's India Rolls Out New Breakfast Menu Featuring Traditional Local Dishes

In addition to continental offerings, McDonald's India will offer a masala dosa burger, anda bhurji and more.
Rose Leadem

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

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012