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Updated RecentlyRight at Home vs The Haven Family Care Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Right at Home vs The Haven Family Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $80,150 - $147,150 | N/A |
| Franchise Fee | $49,500 | $15,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1995 | - |
| Year Franchised | 2000 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Two full weeks of training at our corporate office in Omaha, Nebraska. You'll learn about the administrative and operational sides of the business during this time, as well as specific sales and marketing techniques for a home health care franchise. You'll also receive detailed computer software instruction on our communication and invoicing systems. After your senior care franchise opens, we'll provide on-site guidance to help you establish successful daily routines to help grow and maintain your business. | At The Haven headquarters in Raleigh, North Carolina we train you on everything you'll need to build a solid foundation in the business. Additionally, we give you extensive ongoing training in your own location on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven method for regional business development through networking, PR, local advertising campaigns and direct interaction with business owners and management groups in your area. The result; we will teach you all the skills you need to build a strong regional presence for your assisted living franchising business! |
| Support | *Recruitment and selection systems that help you hire friendly, trustworthy caregivers *Training through Right at Home University, our free, proprietary, Web-based education program *Care Rewards, our extensive incentive and reward programs, keep your staff happy and motivated Ongoing Support At every stage of development for your home care franchise, you'll have access to a team of experienced specialists that will help guide you through any situation. In a recent survey, Right at Home franchisees rated our overall knowledge of their business and support needs a 4 out of 5. | Professional, personal relationship management skills necessary to achieve your goals in building your senior care business. Our support services will provide you with years of accumulated knowledge and expertise through the following individualized support elements: Regional target customer referral identification Senior staff onsite support Direct business development assistance � broker relationships Corporate Website Management SEO for Regional Toll-free technical support Networking with strategic partners and management team members Professional management software Operations manuals Technical data and forms PR and Publicity |
| Marketing | Ad slicks | - |
| Operations |
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| US Expansion | Yes | No |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Right at Home
What is a Home Health Care Franchise?
A home health care franchise from Right at Home serves the needs of individuals who aren't ready for an institutional setting, but need assistance to remain living in the comfort and privacy of their own home. A Right at Home franchise provides trained, insured and bonded caregivers to seniors and disabled adults based upon the needs of each individual client.
As a home health care franchisee, you would be responsible for the administration, training and management of these caregivers. In addition, you would network with referral sources and position yourself as the expert in home health care in your area. At the end of the day, you will have helped an individual maintain quality of life and made your community a better place to live.
Starting a Home Health Care Business
Once in a great while, extraordinary market opportunities present themselves. Right now, our population is aging quickly causing an unprecedented demand for senior home care products and services. Through home health care franchise opportunities, Right at Home provides home health care and assistance for seniors and disabled adults. There's never been a better time to consider a senior home care franchise opportunity with Right at Home.
A Right at Home franchise provides innovative programs, training and procedures that allow you to efficiently and effectively provide a full spectrum of senior home care and medical staffing services. Our senior home health care franchise allows you to offer services such as companionship, personal care, and skilled nursing. As a result, you have the ability to expand the breadth of your services, retain clients for longer periods of time, and distinguish yourself from the competition.
If you choose to convert your existing home care business to a Right at Home Conversion Franchised Business, the franchisor may choose to reduce your Conversion Initial Franchise Fee. The total investment necessary to begin operation of a Conversion Franchised Business ranges from $74,750 to $144,780.
Veteran Incentives 10% off franchise fee
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About The Haven Family Care
The Haven has an impressive potential ROI for a franchise owner. With low overhead, a low start-up cost for a business and applicability in just about any market, the concept is financially sound. A franchise owner after five years in business is projected to do $323,960 in revenue with EBITDA of $65,949 in addition to an operator salary of $56,275. These numbers are extremely impressive in the franchise marketplace and will help make The Haven brand much more marketable and sustainable. We of course will not be guaranteeing any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than we have projected and still have a successful business. 20 percent ROI plus manager's salary - The rule in the franchise industry is that the business model should be able to do at least a 20% ROI by the end of the second year in business. The Haven model easily allows for this standard with EBITDA in year two at $55,894 and 46% ROI on cash for a franchisee by the end of the second year. Financially speaking, this model is as solid and attractive of an offer as you can find in the franchise marketplace. Operationally sound - The Haven model is operationally structured to be efficient and simple in nature allowing for ease of duplication in new markets. The corporate location of The Haven will be used as a goal and ideal example of what this franchise can become. With good management and the guidance of The Haven's franchise program, a franchisee can strive to build an organization as well-managed and structured as the business in Raleigh, NC. Adaptable nationally - The Haven model is certainly adaptable nationally, the concept is almost indiscriminant of the market it is located in. In all markets, the concept has been very successful and proven the sturdiness of The Haven concept. In most parts of the U.S., the population of seniors is increasing as well as the number of disabled people who need home care services. This is a booming market that with good marketing and motivated franchisees could work just about anywhere it seems. Public acceptance - The American public wants to be at home when they need extra care. The idea of going to a nursing home or assisted living facility is generally looked down upon. The key will be for The Haven to continue to provide professional, high-quality service with a focus on truly providing great care to the Residents. That will continue to build brand equity and value for The Haven throughout the franchise system.