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Below is an in-depth analysis and side-by-side comparison of Visiting Angels vs Angel Companions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $123,460 - $161,150 | $55,750 - $81,950 |
Franchise Fee | $49,950 - $79,950 | $30,000 |
Royalty Fee | 3.5-3% | 5% graduated down to 3% |
Advertising Fee | 2.5 -2% | N/A |
Year Founded | 1992 | 2004 |
Year Franchised | 1998 | 2010 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
Business Experience Requirements |
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Experience | - | Medical experience is not required. A successful franchisee will have strong work ethics, possess a vision for their lives, have a willingness to learn, and a drive to succeed. People with demonstrated success in interacting with others and a desire to serve the community by making a difference in people's lives are a good fit for this business. |
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 | Classroom Training: 46 hours Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference | Up to 3 individuals will attend a 40 hour training program at the corporate offices prior to the opening of your business. Six different instructors will review the start up process and provide valuable training on how to manage and grow your business. Field training will include sales, marketing, and live assessment visits in the client's home. |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Franchisee Intranet Platform | Technical assistance in obtaining any required State licensure will be provided. During the first 4 months of operations we will spend a minimum of one day a month at your location to provide operational support and assistance. An Operations Manual will be provided to you and unlimited, on-going phone support is available. |
Marketing | CCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development | - |
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) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.
The Angel Companions organization is perfectly positioned for growth in the senior care franchise industry. Since our concept was founded, we have grown our client base dramatically, and demonstrated our reputation for compassionate care while bringing peace of mind to seniors and their families. It's knowing that we are truly making a difference in people's lives that makes every day special. And that's why we have always been committed to ensuring that not only are we providing quality in-home senior care, but that we also continually work to build a well-balanced team of professionals, improve our operational efficiencies through the use of the latest technologies, and stay abreast of trends and developments in our industry. Now, as the Angel Companions network expands, and strives to bring greatly needed services to seniors and families across the country, we need the help of qualified, motivated people like you to help propel us forward. With the Angel Companions senior care franchise program, you'll have the chance to own an independent business supported by our years of experience and you'll have the chance to make a difference in the lives of others, and in your own life as well! The time is right to get on board with a fast-growing, professionally-backed senior care franchise! For more information on the many benefits of the Angel Companions franchise program, for franchise owners and their communities, visit our Frequently Asked Questions page, request more information, or contact us at [email protected] or 610-644-8780.