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Below is an in-depth analysis and side-by-side comparison of ELDirect Homecare vs Visiting Angels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $21,900 - $29,700 | $123,460 - $161,150 |
Franchise Fee | $15,000 | $49,950 - $79,950 |
Royalty Fee | 5% | 3.5-3% |
Advertising Fee | - | 2.5 -2% |
Year Founded | 1996 | 1992 |
Year Franchised | 2002 | 1998 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | 10% of current franchise fee | $2.5K |
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/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Classroom Training: 46 hours Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | CCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development |
Operations |
Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | No | Yes |
Leigh and Candra Davis began ELDirect In-Home Senior Care in January
of 1996 after watching their families cope with long-term illness and
the trials of finding quality in-home care. For more than 10 years they
watched their grandmothers deal with Alzheimer's, Parkinson's and cancer
and their parents cope with the ever-increasing needs. Seeing first
hand the family stress, burnout, financial stress and caregiver needs,
ELDirect In-Home Senior Care's services are uniquely created to deal
with these issues and keep clients safe, happy and out of nursing homes.
ELDirect In-Home Senior Care offers America's entrepreneurs one of the most
creative, low cost opportunities to tap into the exploding ELDerly care
market. 10 plus years of family experience, 8 years of business success
in a highly competitive market and 5 years of franchise research come together in one franchising opportunity. Aggressive marketing programs coupled with proven client
acquisition and retention programs give ELDirect In-Home Senior Care
franchise owners the added edge.
ELDirect In-Home Senior Care offers entrepreneurs the ability to choose from hundreds of large, protected
territories. Franchise owners also profit from: Multiple service -
multiple income streams, low initial franchise fee, low ongoing fees and
large profit margins.
Our senior care establishment openings are intended to give the bolster you have to assemble a flourishing business. With around 8,000 Americans turning 65 every day, the requirement for private obligation home care is developing drastically. By 2030, it is anticipated there will be 72 million seniors in the United States. Families are extended thin. Adjusting the necessities of elderly guardians or relatives with profession obligations and bringing up kids has never been more troublesome. Our private obligation mind administrations give the bolster numerous families require.