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Below is an in-depth analysis and side-by-side comparison of Visiting Angels vs Loved Ones 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 | $100,000 - $300,000 |
Franchise Fee | $49,950 - $79,950 | N/A |
Royalty Fee | 3.5-3% | - |
Advertising Fee | 2.5 -2% | - |
Year Founded | 1992 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2.5K | - |
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 | Classroom Training: 46 hours Additional Training: 5+ regional refresher meetings per year; monthly webinars; annual conference | - |
Support | Newsletter Meetings/Conventions Toll-Free Line Online Support Field Operations Site Selection Franchisee Intranet Platform | - |
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 | 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.
Loved Ones was established in 1996. For over two decades, Loved Ones has provided in home personal care and nursing services that are designed to provide a health care option for a variety of patients who would normally be placed in a nursing home or residential care/assisted living facility. Clinical studies have proven again and again that patients who are maintained and receive necessary care in the safe, familiar environment of their home, surrounded by their loved ones, have a significantly higher level of general health and quality of life.Loved Ones provides a broad scope of skilled/non-skilled nursing and home health services to assist our patients with personal care and the activities of daily living while remaining at home. Loved Ones cares for both the elderly and disabled individuals.Loved Ones partners with franchisees to deliver exceptional care supported by a business model that brings added value into this sector. Loved Ones Offers a franchise system that provides: *Growth in the short term *Sustainability in the long term *Impact that mattersLoved Ones 20 years of experience in home health care, government relations, regulatory compliance, and healthcare administration will build a bridge to your success. Through intensive real world training, continuing education, strategic alliances with highly rated and carefully screened suppliers, and expert operations support, our franchisees gain a partner that provides them with the "Freedom to Care”. Loved Ones walks along side you as you build a business focused on the needs of your neighbors, friends, and Loved Ones.