Assisting Hands Home Care

Assisting Hands Home Care

Assisting Hands Home Care franchise provides a fulfilling opportunity to own a full-time, Owner/Operator business model, offering private duty non-medical (optional skilled services) in-home care and assistance to elderly and disabled adults.

Categories: Health/Medical, Senior Care: Medical/Non-medical

Concept Description

Assisting Hands Home Care is one of the leading in-home care franchises, emphasizing exceptional customer service and personalized care, providing our franchisees with a proven and scalable business model, and a leadership team that is second to none in the industry.

The opportunities in the in-home caregiving industry are strong.

According to an October 2015 report on CNBC.com, “the so-called longevity economy, which serves the needs of Americans over 50, is currently a $7.1 trillion market.”  A few of the differentiating factors between Assisting Hands and other in-home caregiving franchises are:

  1. Expanded business model includes medical equipment, skilled nursing, temporary staffing, home healthcare, and personal care.
  2. “A” markets available. We currently have a total of 171 franchises sold, 17 Area Representatives, and 80 offices dispersed around the country.
  3. Our Family of Franchise Owners (FOFO) is truly a family, and we know how to have fun.
  4. We provide tools to help you be successful, and the support our owners receive is fanatical.

As a member of the International Franchise Association, we are able to gain knowledge of franchising used by 75 different industries, gain insights into new ideas that can be used to improve businesses, build relationships through networking with other members, and have opportunities for advice, help, and problem-solving.

IFA represents its members on a wide range of small business issues, such as health care, litigation reform, minimum wage, and tax issues. Each year we participate in the Franchise Action Network and communicate directly with members of Congress on legislative issues.

Assisting Hands Home Care® couples proven marketing strategies with quality care to generate customer referrals.

Need For Home Care

According to the U.S. Census Bureau, beginning in 2010 and continuing over the next 20 years, an average of 10,000 people per day on average turning will turn age 65 per day. And according to the AARP, 67% of them will need some type of long-term care in the future. Only five percent (5%) reside or will reside in nursing homes. Some live in assisted living facilities or in hospice, but the majority of America’s aging population will age remain at home and will need in-home care.

One in three Americans voluntarily provides unpaid, informal care each year to one or more ill or disabled family members or friends. The need for Senior Care Franchises is significant, and will only continue to rise as the Baby Boomers generation reach their senior years.

By building strong relationships with referral sources and understanding how to communicate successfully with them, our franchisees continue to grow their business with a high rate of satisfied customers.

Unit Option

Single, Multiple, Area Representative/Master Developer

Background

FDD Franchised Units: 202

Corporate Owned Units: 5

Projected New Units: 31

Year Established: 2006

First Year Franchised: 2007

Type of Business: Franchise

Hours of Operation: Regular Business Hours

Number of Employees: Small (1-5)

History:

Assisting Hands Home Care History

Assisting Hands® Home Care grew out of a desire to provide seniors and others needing non-medical assistance at home, with the option that most people prefer – to remain independent, safe, and comfortable in their own homes. Assisting Hands® is a home care franchise company that emphasizes exceptional customer service and highly personalized in-home care to meet the needs of our clients.

One of the founders, Dr. Gail Silverstein, had the personal experience of trying to find assistance for her father at home which led her to realize there was a serious gap in services.

In 2006, she joined Cline Waddell in Boise, ID to establish Assisting Hands® Home Care to provide a better alternative to the elderly, disabled, and others needing a little extra support and assistance to stay home. From a few hours a week to 24/7 care, we can help our clients to remain happy, healthy, and at home.

Today, our Assisting Hands family of franchise owners serves their communities in locations spread throughout the United States. They find fulfillment in their professional lives, while serving the needs of the elderly and disabled in their community.

 

Availability

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Territories: United States, Canada: Willing to Register, International, Canada: Registered

Financials

Liquidity: $150,000

*Investment Range: $94,850 - $176,500

Minimum Net Worth: $250,001, to $500,000

6 Month Cash: $50,001

Franchise Fee: $55,000

Royalty: 5% - 4% or Minimum Royalty*

Royalty Description: The greater of the Percentage Royalty or Minimum Royalty. The “Percentage Royalty” is 5% of Gross Revenues if below $48,000; 4.5% of Gross Revenues if between $48,000; and $95,999 and 4% of Gross Revenues if above $96,000. The “Minimum Royalty” is $50 per week, per Office during your first year of operations, $100 per week per Office during your second year of operations; and $200 per week per Office thereafter

Advertising: Local: The difference between the amount you spent on local advertising each month and your required local advertising requirement

National Advertising: .5% - Yes, you read that right, only 1/2 of ONE percent. Lowest National Ad Fund around!

Ramp-Up: 10 to 12 months

Passive Ownership: Semi- passive after 1 year
Passive Ownership means the owner is working 15 hours or less per week in the business.

Passive Ownership Explain: We are looking for hands-on owner-operators. We would consider a semi-absentee franchisee. However, they would have to hire a General Manager that we would approve, and who would be required to attend our initial training program and have an equity position in the business of at least 10%.

Available Discounts

  • Veterans
  • First Responders

Discount Description: 10% discount off the initial franchise fee for Veterans AND First Responders.

Training, Support and Assistance

Co-Operative Advertising: N/A

Site Selection Assistance: Available

Lease Negotiation Assistance: N/A

Length of Training: 60 hours

Training Description:

Franchisees benefit from our four-phase training program that includes both classroom and onsite instruction. The training program covers all aspects of running the Assisting Hands Home Care franchise business including caregiver training, recruitment and hiring, billing, scheduling and customer service, cash management, marketing and advertising.

The four-phase training program includes:

  • Pre-opening assistance
  • 40 hours of extensive initial training at our national training facility, followed by 20 hours of in-field training at the franchisee’s location
  • Monthly and quarterly webinars
  • Annual company retreat
  • and ongoing support from the Assisting Hands training and support team

Operational and Marketing Tools:

Operational and Marketing tools and support include:

  •  “Value-Added” services include:  medical alert systems, medical equipment, staffing services, remote video monitoring services, and more.
  • Our virtual “Business-in-a-Box” that includes a complete software package and all the administrative components our franchisees need to run their business smoothly, efficiently, and professionally.
  • State-of-the-art technology platform that includes our own Intranet and Extranet, social media, direct access to vendors and suppliers, and more
  • Collateral materials that include printed promotional materials, a bi-monthly newsletter and recruiting materials
  • Customized micro-site for each franchisee
  • Mobile web
  • and much more!

Financing Assistance: Available

Interested in this Concept? Unlock it with the form below.

Presented By:

Brett Ethridge

Legacy Franchise Solutions, LLC

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