Synergy HomeCare vs Visiting Angels Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Synergy HomeCare vs Visiting Angels including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Synergy HomeCare Franchise
Visiting Angels Franchise
Investment $38,991 - $160,718$123,460 - $161,150
Franchise Fee $27,000 - $94,000$49,950 - $79,950
Royalty Fee 5%3.5-3%
Advertising Fee 2%2.5 -2%
Year Founded 20001992
Year Franchised 20051998
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -$2.5K


Business Experience Requirements
 
Synergy HomeCare Franchise
Visiting Angels Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Synergy HomeCare Franchise
    Visiting Angels Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Synergy HomeCare Franchise
    Visiting Angels Franchise
    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/evaluationsNewsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development
    Operations Franchise can be run from home.

    Number of employees needed to run franchised unit: 1 - 1

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		 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
     
    Synergy HomeCare Franchise
    Visiting Angels Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About Synergy HomeCare

    Join the Fastest Growing Franchise

    in the Fastest Growing Industry

    Turned into a Synergy HomeCare establishment proprietor and go along with one of the quickest developing non-therapeutic home care establishments in North America!

    * #3 in the Franchise Business Review's Franchise 50 Awards!
    * Recognized by Entrepreneur Magazine as one of the Top 500 Franchises!
    * MSNBC Top 10 Business List
    * Recession-confirmation
    * In-home senior care is the quickest developing industry
    * Low start-up expenses
    * Proven framework
    * Turn key operation

    There are presently more than 34 million individuals in the U.S. over age 65 - around 12% of the populace. In 25 years, this age gathering will develop to more than 70 million. With our built up establishment idea, you can help the opportune people give important non-restorative home care administrations - administrations that specifically affect the personal satisfaction of our customers and their families. Prepared for an establishment opportunity that will give you finish control over your budgetary future?

    1. Do the exploration

    Find out about Synergy HomeCare establishments, start-up necessities, history, inquiries and venture required.

    2. Get more data

    Ask for our UFOC and definite data.

    3. Discover what's next

    Find out about the way toward turning into a Synergy HomeCare franchisee.

    "Entrepreneur
    #467 in Franchise 500 for 2020.

    About Visiting Angels

    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.

    When you pick a senior care establishment from Visiting Angels, you are cooperating with an organization focused on the development and achievement of your business. We are focused on giving our franchisees a far reaching marking and promoting effort that will drive business to their areas. Our national marking and lead era crusade incorporates promoting in print, on the web, on the radio, and on national TV outlets including Fox News, CNN, Travel Channel, HGTV and that's only the tip of the iceberg. We circulate a huge number of home care drives every month to our senior care establishment areas by means of our national call focus. Our call focus is open 24 hours a day, seven days a week to log and circulate calls to each of our senior care establishment areas around the globe.


    Our senior care establishment proprietors appreciate working with a strong home office that is constantly accessible to give direction and counsel. Only a few ways we bolster our senior care establishment proprietors include:

    International Franchising
    Yearly gatherings
    One-on-one preparing
    Provincial gathering preparing
    Month to month online courses
    Questions and answers library with data assembled from almost 20 years of senior care establishment encounter
    Restrictive "Associated Community" site with exclusive operational, promoting and publicizing pieces
    Advanced and redid sites
    Interior online networking stage permitting you to associate with other Visiting Angels franchisees

    We locate our best franchisees are resolved to merciful care and have an energy for the administrations they give. Our business is an individual one. We work inside the homes of our customers giving customized, one-on-one care administrations. Our Angel allies make it workable for families to keep their friends and family at home. We are the "distinction producers" in our groups. Is it accurate to say that you are set up to have any kind of effect?

    The total investment necessary to begin operation of a Visiting Angels franchise is $123,460 to $161,150. This includes $49,950 to $79,950 that must be paid to the franchisor or affiliate.
    The Initial Franchise Fee for a Visiting Angels franchise is $49,950 for a protected territory of up to 100,000 population, $59,950 for a protected territory of up to 200,000 population, $79,950 for a protected territory of up to 325,000 population (additional protected territory can be purchased for a fee which will be calculated based on the price of the current Franchise Offering at the time of purchase). This sum does not include rent for a business location but does include working capital for the first year.
    Veteran Incentives  10% off franchise fee

    "Ranked   """Top 
     #5 in Gator's Top franchises.
    #191 in Franchise 500 for 2020.