Visiting Angels

Visiting Angels

#96

Initial Investment

LOW: $66,750
HIGH: $107,500

Change in Units

+6.6% +34 UNITS (1 Year)
+10.4% +54 UNITS (3 Years)

Company Profile

Founded

1992

Franchising Since

1998 (18 Years)

Corporate Address

937 Haverford Rd., #200 Bryn Mawr, PA 19010

CEO

Lawrence Meigs

About Visiting Angels

After working as a social worker in a nursing home and listening to families express frustration about limited alternatives to nursing facilities or assisted living centers, Jeffrey Johnson began Visiting Angels in 1992 to provide experienced in-home caregivers to seniors. With franchisees nationwide, Visiting Angels offers living assistance services including hygiene assistance, meal preparation, light housekeeping, errands and shopping and companionship services.

Financials

Financial Requirements

Initial Investment

$66,750 - $107,500

Net-worth Requirement

$100,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$40,950 - $64,950

Ongoing Royalty Fee

3.5-2%

Ad Royalty Fee

2.5-1.5%

Franchise 500® Rank History

Highest Rank: 82

Lowest Rank: 269

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training at headquarters: 5.5 days

Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

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

Number of employees required to run: 1

Related Franchises

Related Articles

Why You Should Buy a Franchise Instead of Starting Your Own

Why You Should Buy a Franchise Instead of Starting Your Own

Hoping to be your own boss? One franchise expert outlines the plus side of buying a franchise
Rick Grossmann
The 10 Hottest Franchise Business Categories

The 10 Hottest Franchise Business Categories

Each of these companies has an unquenched capacity for growth.
Tracy Stapp Herold
To Franchise or Not to Franchise: How to Decide.

To Franchise or Not to Franchise: How to Decide.

Franchising can be a great model, but it's not the only option.
This Holiday Chore Helped A Window-Washing Business Grow

This Holiday Chore Helped A Window-Washing Business Grow

They turned a chore into a business.
172 New Franchise Companies Hoping to be the Next Big Thing

172 New Franchise Companies Hoping to be the Next Big Thing

Fresh opportunities that have emerged in just the past three years.
Tracy Stapp Herold

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 8th, 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