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Below is an in-depth analysis and side-by-side comparison of Sarah Adult Day Services vs Hallmark Homecare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $261,000 - $280,000 | $13,900 - $26,900 |
Franchise Fee | $34,900 | $9,900 |
Royalty Fee | 10% | - |
Advertising Fee | - | - |
Year Founded | 1985 | 2012 |
Year Franchised | 2000 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. | - |
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/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations | - |
Marketing | Ad slicks, National media | - |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | No |
Canada Expansion | No | - |
International Expansion | No | - |
At SarahCare Adult Day Care, we create a vibrant and social community for your senior loved one to enjoy their day while receiving the care and support they need. Because our care is provided in centers with a specially trained staff, we can handle your loved one's complex health-related needs. Family caregivers will have peace of mind knowing their aging parent or senior loved one is spending the day in a safe, fun and socially engaging environment while receiving expert care. For you, we simplify and co-ordinate their care so you can spend time enjoying being with your aging loved one instead of feeling stressed and overwhelmed trying to manage their health. For them, we handle the difficult issues that in-home care and assisted living won't and usually aren't qualified to handle - at a cost that is significantly less than other care options such as assisted living, in-home care and nursing home care.
Hallmark Homecare is a breakthrough concept. You don't need significant start-up investment, and you don't even need to quit your day job - you just need an interest in making a powerful impact on the lives of seniors and their families. If this is you, then our innovative model can help you improve your income, enhance your lifestyle, and build wealth and abundance by taking advantage of this unprecedented growth period in the in-home care field.
Hallmark Homecare franchisees search for and recruit professional caregivers, placing them on a direct-hire basis designed to saved clients money. The company was founded by Steve Everhart, who is also the founder and CEO of an in-home care franchise, The Senior's Choice.
Have you ever considered a business: In a rapidly expanding, multi-billion dollar industry? With an affordable start-up investment? That allows you to do meaningful, much-needed work? Where a proven turn-key system is provided? With a short ramp-up period? With low operating overhead and high profit margins? Where you can increase your income in a short time frame, and build your nest egg and security? That's recession-resistant with virtually endless selling opportunities? That requires no previous industry experience? That allows you to enjoy the independence of a home-based business work environment, flexible business hours, and the opportunity to help others and make a powerful impact on their lives?
See more at http://www.hhcopportunity.com