| ||||
Updated RecentlyHome Helpers vs Mastercare Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Home Helpers vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $84,450 - $136,600 | $117,800 - $215,450 |
| Franchise Fee | $48,900 | $28,000 - $37,000 |
| Royalty Fee | 3%-6% | - |
| Advertising Fee | 0.5%-2% | - |
| Year Founded | 1997 | 2012 |
| Year Franchised | 1997 | 0 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | * Available at headquarters: 1 week * Sales & marketing boot camps throughout the year | Initial pre-start up training In house administrative training |
| Support | * Newsletter * Meetings * Toll-free phone line * Internet * Security/safety procedures * Field operations/evaluations | Accounting Home Care Management Software systems Troubleshooting |
| Marketing | * Ad slicks * National media * Regional advertising Other marketing support * Marketing materials, promotional items, intranet | Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support |
| Operations |
Franchise can be run from home. 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (96% of current franchisees are owner/operators) | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Home Helpers
Senior Care is BOOMING!
Ranked #1 in Senior Care for the past five years, Home Helpers gives you the opportunity to build a rewarding business providing exceptional non-medical and personal care in an industry with high profit potential and is a great business opportunity.
Following our proven system, you'll receive comprehensive franchise training, ongoing support, an effective marketing program and much more to aid in your franchises success. Enjoy the benefits that come with franchise business ownership and feel good about helping others.
Call today to learn more! 1-800-216-4196
Entrepreneur Franchise Magazine
Our Track Record of Success
Home Helpers has been a franchise leader in the senior and in-home care markets for many years. In fact, Entrepreneur magazine has ranked us as the #1 Senior Care Franchise and Best of the Best for the past 5 years as well as a Top 101 Home Based Franchise and Top Low-Cost Franchise.
#1 Senior Care Franchise
"Best of the Best"
Top 101 Home Based Franchise
Top Low-Cost Franchise
With offices in more than 500 communities worldwide, we continue to open a new office every few days. And with the senior home care market growing so quickly, the opportunity in home care is tremendous. In fact, year over year, our franchisee owners have seen, on average, as much as a 24% increase in sales and have watched the value of their franchise in home investment continue to increase each year.
The total investment necessary to begin operation of a Home Helpers Home
Care franchised business that offers the minimum required services
(senior care and home care) is from $84,450 to $136,600. This includes
$57,100 that must be paid to the franchisor or an affiliate.
If the population of your territory is greater than 250,000, you must pay an
additional $500 for all or part of every 1,000 people over 250,000.
The total additional investment necessary to offer optional skilled care
services is $36,250 to $56,750 and the total additional investment to
become Medicare certified (also optional) is $160,250 to $267,750, none
of which is paid to the franchisor or an affiliate.
!["Top]("https://d1v10wa6gxsq73.cloudfront.net/images/production/top100_icon3.png")
#44 in Gator's Top franchises.
![""]("https://www.my30minutehit.com/imgs/fbr_top_50_2018_half.png")
In Franchise Business Reviews Top 200.
#142 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
About Mastercare
!["Mastercare]("https://fddexchange.com/wp-content/uploads/2020/10/Mastercare-300x99.png")
.Mastercare intends
for our franchisees to get the biggest bang for their buck in regards to
the territory you are purchasing.
You are opening your franchise to not
only help people in your local community, but also to ensure you are
able to make a living.
Mastercare
Franchise territories will service a population of approximately 75,000
to 250,000 people. For the initial Franchise Fee of $37,000 *,
your territory is designed by zip codes, political or geographical
boundaries. Your territory is PROTECTED, meaning that Mastercare will
not sell another franchise within that defined territory throughout the
life of your contract. We will help you evaluate the demographics of the
area you are considering for your territory based on the geographic
location, population, and isolation, etc.
Mastercare
also understands that small, rural towns need just as much Homecare
(and Healthcare) support as urban areas. Because of geographical
barriers, owning a franchise in a rural area may not allow for as large
of a client base. To encourage services in rural and underserved
populations, Mastercare offers smaller territories, populations between
10,000 and 74,999 people, at a reduced Rural Franchise Fee of $28,000 *.
Royalties under your Franchise Agreement are among the lowest in the industry. The Mastercare franchise royalty fee structure follows a descending scale based on gross revenues.
The franchise is not a home-based business and must be operated from a commercial office location.