| ||||
Updated RecentlyHome Care Assistance vs GEM Health Care Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Care Assistance vs GEM Health Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $86,000 - $245,250 | $79,500 - $109,500 |
| Franchise Fee | $55,000 | $45,000 - $55,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 2003 | 1994 |
| Year Franchised | 2004 | 2006 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
||
| 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/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 4 | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | Yes |
| International Expansion | Yes | - |
Company Overviews
About Home Care Assistance
!["Home]("https://fddexchange.com/wp-content/uploads/2020/01/Home-Care-Assistance.png")
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
About GEM Health Care
GEM Health Care Services, established in 1994, is one of the largest independent and nationally accredited health care agencies in Canada. If you are a health care professional or have a strong business background, this is an opportunity for new challenges and rewarding returns. We're a sound business model with a proven track record reinforced by our information management system. Our franchises are backed by the growth of private health care and our aging population!
If you like being your own boss and are passionate about
health care, a GEM Franchise might be what you’re looking for. We can
offer you the independence of being a small business owner and the
benefits that come from being part of a business network.
Contact us to learn all about opening your own health care services franchise.
GEM franchises offer homecare and staff relief services 24 hours a day / 7 days a week basis.