Visiting Angels vs Home Care Assistance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Visiting Angels vs Home Care Assistance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$123,460 - $161,150 | $86,000 - $245,250 |
Franchise Fee |
$49,950 - $79,950 | $55,000 |
Royalty Fee |
3.5-3% | 5% |
Advertising Fee |
2.5 -2% | - |
Year Founded |
1992 | 2003 |
Year Franchised |
1998 | 2004 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$2.5K | 10% of franchise fee |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/Yes |
Payroll |
No/No | No/Yes |
Training & Support |
Training |
Classroom Training: 46 hours
Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference |
On-The-Job Training: 20 hours
Classroom Training: 40 hours
Additional Training: At franchisee's location yearly, 2-3 days; Online training & conferences
|
Support |
Newsletter
Meetings/Conventions
Toll-Free Line
Online Support
Field Operations
Site Selection
Franchisee Intranet Platform | Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
CCo-op Advertising
Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
|
Operations |
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) | Absentee Ownership Allowed
Number of Employees Required to Run: 1 - 4 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
No | No |
International Expansion |
Yes | Yes |
Company Overviews
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
#5 in Gator's Top franchises.
#191 in Franchise 500 for 2020.
About Home Care Assistance
If you are seeking a stable industry with guaranteed clients and virtually unlimited growth potential, look no further. Senior live-in home care is a rewarding and in-demand business and a perfect match for motivated entrepreneurs.
More than any other franchise concept in the senior care industry, Home Care Assistance 1-866-4-LiveIn is poised to help you take advantage of this tremendous opportunity in the emerging senior care market.
The total investment necessary to begin operation of a single HCA
Business is between $86,000 and $146,500. This includes $55,000 that
must be paid to the franchisor or an affiliate. The total investment
necessary to begin operation of an Area Development business will be a
minimum of $113,500, with no maximum. This includes a minimum of $82,500
that must be paid to the franchisor or an affiliate.
Veteran Incentives 10% off franchise fee