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Updated RecentlyELDirect Homecare vs 24/7 Nursing Care Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ELDirect Homecare vs 24/7 Nursing 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 | $21,900 - $29,700 | $48,250 - $63,300 |
| Franchise Fee | $15,000 | $34,900 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 1,5% |
| Year Founded | 1996 | 2013 |
| Year Franchised | 2002 | 2017 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | 10% of current franchise 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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 8 hours Classroom Training: 22-24 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Grand Opening |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | - |
| Operations |
Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | Number of Employees Required to Run: 10 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About ELDirect Homecare
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.
About 24/7 Nursing Care
24/7 Nursing Care, Inc is a leading provider of nursing care and companion services for individuals who want to remain independent and outside of a nursing home setting. We believe that the medical and emotional aspects of home health care should go together. The caregivers we place are those that excel both at their job and empathizing with patients. We believe there’s no point in focussing on a patient’s medical needs without addressing the need for tender loving care. As our name suggests, we provide round the clock care, both day and night. No job is too big or too small.
Following the success of our vision in our hometown of Miami, Florida, we were inspired to spread this ethos and offer franchise opportunities nationwide.
Benefits
We at 24/7 Nursing Care are committed to providing excellent nursing and companion services to our clients, whether it is long term or short term. It stands to follow then that we are also committed to the success of our franchisees. We will help you create your very own 24/7 Nursing Care. You will have personal consultant who will guide you through the business development process with everything from licensing and infrastructure to creating a targeted marketing plan for your franchise. With a low cost to start, and very little overhead, you will be sure to see a quick return on your investment.Offering
We have two franchise offerings available:• Own a single 24/7 Nursing Care franchise with a protected territory of 15,000 to 30,000 people who are 65 years old or older.
• Purchase the rights to a larger territory though an area development franchise agreement and create multiple 24/7 Nursing Care home healthcare agencies. larger territory through an area development franchise agreement and create multiple 24/7 Nursing Care home healthcare agencies.