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Below is an in-depth analysis and side-by-side comparison of Qualicare 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 | $84,550 - $194,550 | N/A |
Franchise Fee | $49,700 | $15,000 |
Royalty Fee | 5% | - |
Advertising Fee | 1% | - |
Year Founded | 2001 | - |
Year Franchised | 2011 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Ideal Candidate: This business is about building relationships and following through on what you say you will do. Your contribution is leadership, integrity and a passion for being successful. If you're the type of person who knows they can make a real difference in people's lives, wants to become independently wealthy and has a strong management, marketing and sales background, Qualicare wants to talk to you! Here are some characteristics of Qualicare business owners: - Strong marketing and/or business management background - Medical background is NOT a requirement - Strong community involvement and a desire to give back - Able to build strong relationships - Entrepreneurial Spirit | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | The Best in Training: Qualicare has a 1 year program for your launch. It begins with 8 weeks of pre-opening, followed by training at our home offices, and then a 3 month quick start program right in your area. Our coaches will continue to work directly with you through our unique and comprehensive marketing program to ensure your success. | 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 | The Best in Support: We're committed to your success, which means being available to answer your questions. In addition, we'll follow-up with one-on-one coaching. Our coaches get involved in your territory, to help you realize the true benefits our business model offers. Nurse Managers � if you don't have your own, you can use ours! All care is Nurse Managed at Qualicare ensuring the highest possibly standards for even the most basic services. Our Nurse Managers are eager to assist you. | 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 | We support the efforts of our business owners with comprehensive on-line and face-to-face training. In addition, we offer regular coaching with one-on-one in-field mentoring that will help you be more effective, sooner. Qualicare's extensive library of marketing tools helps you customise an effective plan that you can easily execute yourself with expertise. | - |
Operations | Qualicare is committed to every business owner in our system. Our priority is to make you successful, so that you represent our quality brand in an exceptional way. Our owners demonstrate that same commitment, by being involved in the daily operations of their location and growing their business. | - |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | Yes | - |
International Expansion | - | - |
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.