- 2025 Franchise 500 Rank
-
#299 Ranked #280 last year
- Initial investment
-
$95K - $176K
- Units as of 2024
-
202 27.0% over 3 years
Assisting Hands Home Care works to provide clients with quality in-home care. This could be caring for the elderly or anyone who needs help due to disability, illness, or recovery.
With more than 140 franchise locations in more than 18 states, Assisting Hands Home Care is a substantial market competitor in a multi-billion dollar business.
Why You May Want to Start an Assisting Hands Home Care Franchise
Clients with Assisting Hands Home Care can have caregivers assist them at their residence at scheduled times up to 24 hours a day. Caregivers interact with clients who may need medical and non-medical assistance. This type of service allows clients to remain in their own homes and maintain a quality of life that may not have been accessible to them before.
To be a franchisee with Assisting Hands Home Care, you do not need a medical background or similar clinical training. You should have good management skills with a deep desire to help those in your community.
Assisting Hands Home Care has been ranked in BIZ Experiences's Franchise 500 multiple times in recent years. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
What Might Make an Assisting Hands Home Care Franchise a Good Choice?
If a franchisee is awarded an Assisting Hands Home Care franchise, they will participate in several days of training. The training consists of classroom lectures and on-site visits. Topics will cover caregiver training, employee recruitment and hiring, billing, scheduling, and more. The company also provides franchisees with software for billing and scheduling and round-the-clock customer support.
Opening an Assisting Hands Home Care franchise may offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive home healthcare industry.
How To Open an Assisting Hands Home Care Franchise
As you decide if opening an Assisting Hands Home Care, make sure you take time to explore the opportunity. Research the brand and your local area to see if an Assisting Hands Home Care franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
To be part of the Assisting Hands Home Care team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. You should also prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Assisting Hands Home Care franchising team questions.
Soon, you may find yourself operating as the newest Assisting Hands Home Care franchisee.
Company Overview
About Assisting Hands Home Care
Industry | Personal-Care Businesses |
---|---|
Related Categories | Senior Care |
Founded | 2006 |
Parent Company | Assisting Hands Home Care LLC |
Leadership | Lane Kofoed, CEO |
Corporate Address |
5700 E. Franklin Rd., #105 Nampa, ID 83687 |
Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
Franchising Since | 2006 (19 years) |
---|---|
# of employees at HQ | 9 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 202 (as of 2024) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Assisting Hands Home Care franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$55,000 |
---|---|
Initial Investment
|
$94,500 - $176,400 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$100,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
5%-4% |
Ad Royalty Fee
|
0.5% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Assisting Hands Home Care has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 20 hours |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Assisting Hands Home Care landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Assisting Hands Home Care ranked on other franchise lists? Find out below.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Assisting Hands Home Care.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Want to Own Multiple Franchise Locations? These Multi-Unit Champions Share Their Best Strategies.
Multi-unit franchise ownership is growing fast, and these strategies can help you succeed.
How to Prepare Your Business — And Yourself — For a Smooth Exit
After decades of building your business, turning it over to someone else can be emotional. But with the right mindset and a strong plan, it can also be your proudest moment.
10 No-Office-Required Businesses You Can Start for as Little as $5,000
With strong Franchise 500 rankings and investment levels starting under $5,000, these brands are ready for new owners to hit the ground running.
Benefit From Strong Brand Awareness with a Moe's Southwest Grill Franchise
Franchisees benefit from robust training, ongoing operational support, and national marketing initiatives powered by industry-leading franchisor Goto Foods.
How This First-Gen College Grad Went From Franchisee to Brand President: 'I've Been in the Trenches'
Susan Valverde built thriving franchises in economically disadvantaged areas. Now she's leading other franchisees to success.
Former Super Bowl MVP Drew Brees Reveals the 3 Core Values a Brand Must Have Before He Invests
The NFL legend is involved with brands like Everbowl, Walk-Ons and Jimmy John's — but only because they met his strict three-part checklist.