Costs of starting a home care franchise

Starting a home health care business can be very rewarding

Health care franchising is on the rise and the statistics prove it. According to FRANdata reports, there were just 13 home-health franchise brands in 2000 which have now become 56 companies with 45 franchise brands operating in 6,000 locations. With a low investment that yields high revenue due to growing demand, owning a home-health care franchise is highly desirable. Should you be selected as a Nurse Next Door Franchise partner, your costs will reflect the numbers below as disclosed in our Franchise Disclosure Document, Item 7:

Type of Expenditure Amount
(Low) (High)
Initial Franchise Fee $47,000 $47,000
Technology Start-up Fee $8,000 $8,000
Pre-opening Branding & Promotion $7,000 $7,000
Initial Training Program $2,000 $4,000
Office Equipment & Supplies $500 $3,000
Legal & Accounting $5,000 $10,000
Rent $0 $5,000
Utility Deposits $0 $500
Local Branding $3,000 $3,000
Insurance $2,500 $6,000
Vehicle $0 $1,200
Computers & Related Peripherals $500 $3,000
License & Permits $500 $10,000
Additional Branding Collateral $0 $1,000
Additional Funds – 3 to 6 Months/Working Collateral $30,000 $50,000
Total $106,000 $158,700

 

For more information on active ownership, multi-unit passive ownership or our GM model start-up costs, please contact us directly.

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