What Are My Start Up Costs?

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What Are My Start Up Costs? 2017-04-20T12:45:27+00:00

Costs of starting a home care franchise

Starting a home health care business can be very rewarding. Here is a breakdown of our costs:

Type of ExpenditureAmount
(Low)(High)
Initial Franchise Fee$50,000$50,000
Technology Start-up Fee$8,000$8,000
Pre-opening Branding and Promotion$7,000$7,000
Initial Training Program$2,000$4,000
Office Equipment and Supplies$500$3,000
Legal and Accounting$5,000$10,000
Leased Premises$0$5,000
Utility Deposits$0$500
Online Marketing$3,000$3,000
Insurance (excluding Worker’s Compensation)$2,500$4,000
Worker’s Compensation Insurance$1,000$15,000
Vehicle$0$1,000
Computers and Related Peripherals$500$3,000
Licenses and Permits$200$5,000
Consultant and/or Director of Nursing$0$15,000
Accreditation$0$4,600
CallMe Costs (System used to monitor Caregiver attendance in real time)$0$100 (for first 3 months) 12¢ per call
Additional Funds – 3 to 6 Months/Working Capital$20,000$50,000
Total$99,700$188,200
Type of ExpenditureAmount
(Low)(High)
Initial Franchise Fee$65,000$65,000
Technology Start-up Fee$8,000$8,000
Pre-opening Branding and Promotion$7,000$7,000
Initial Training Program$2,000$4,000
Office Equipment and Supplies$500$3,000
Legal and Accounting$3,000$5,000
Rent; Leased Improvements$0$5,000
Utility Deposits$0$500
Online Marketing$3,000$3,000
Insurance (excluding Worker’s Compensation)$3,000$6,000
Vehicle$0$1,200
Computers and Related Peripherals; Equipment$500$3,000
Licenses and Permits$500$2,000
Additional Marketing Collateral; Inventory$0$1,000
Additional Funds – 3 to 6 Months/Working Capital$20,000$50,000
Total$112,500$163,700

This information is from Item 7 of our Franchise Disclosure Document with an issuance date of November 30, 2016.  This is the latest version of our Franchise Disclosure Document.  This version may not be currently registered in any or all franchise registration states.  We will make application to register it in all registration states in due course as required under applicable law.

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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