Synergy HomeCare vs Home Care Assistance Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Synergy HomeCare vs Home Care Assistance including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Synergy HomeCare Franchise
Home Care Assistance Franchise
Investment $38,991 - $160,718$86,000 - $245,250
Franchise Fee $27,000 - $94,000$55,000
Royalty Fee 5%5%
Advertising Fee 2%-
Year Founded 20002003
Year Franchised 20052004
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee -10% of franchise fee


Business Experience Requirements

 
Synergy HomeCare Franchise
Home Care Assistance Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Synergy HomeCare Franchise
    Home Care Assistance Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support

     
    Synergy HomeCare Franchise
    Home Care Assistance Franchise
    Training - On-The-Job Training: 20 hours Classroom Training: 40 hours Additional Training: At franchisee's location yearly, 2-3 days; Online training & conferences
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations Franchise can be run from home.

    Number of employees needed to run franchised unit: 1 - 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Absentee Ownership Allowed Number of Employees Required to Run: 1 - 4

    Expansion Plans

     
    Synergy HomeCare Franchise
    Home Care Assistance Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Synergy HomeCare

    Join the Fastest Growing Franchise

    in the Fastest Growing Industry

    Turned into a Synergy HomeCare establishment proprietor and go along with one of the quickest developing non-therapeutic home care establishments in North America!

    * #3 in the Franchise Business Review's Franchise 50 Awards!
    * Recognized by Entrepreneur Magazine as one of the Top 500 Franchises!
    * MSNBC Top 10 Business List
    * Recession-confirmation
    * In-home senior care is the quickest developing industry
    * Low start-up expenses
    * Proven framework
    * Turn key operation

    There are presently more than 34 million individuals in the U.S. over age 65 - around 12% of the populace. In 25 years, this age gathering will develop to more than 70 million. With our built up establishment idea, you can help the opportune people give important non-restorative home care administrations - administrations that specifically affect the personal satisfaction of our customers and their families. Prepared for an establishment opportunity that will give you finish control over your budgetary future?

    1. Do the exploration

    Find out about Synergy HomeCare establishments, start-up necessities, history, inquiries and venture required.

    2. Get more data

    Ask for our UFOC and definite data.

    3. Discover what's next

    Find out about the way toward turning into a Synergy HomeCare franchisee.

    "Entrepreneur
    #467 in Franchise 500 for 2020.

    About Home Care Assistance

    "Home


    If you are seeking a stable industry with guaranteed clients and virtually unlimited growth potential, look no further. Senior live-in home care is a rewarding and in-demand business and a perfect match for motivated entrepreneurs. More than any other franchise concept in the senior care industry, Home Care Assistance 1-866-4-LiveIn is poised to help you take advantage of this tremendous opportunity in the emerging senior care market.

    The total investment necessary to begin operation of a single HCA Business is between $86,000 and $146,500. This includes $55,000 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of an Area Development business will be a minimum of $113,500, with no maximum. This includes a minimum of $82,500 that must be paid to the franchisor or an affiliate.
    Veteran Incentives  10% off franchise fee