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Updated RecentlyLoved Ones vs 24/7 Nursing Care Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Loved Ones vs 24/7 Nursing Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $100,000 - $300,000 | $48,250 - $63,300 |
| Franchise Fee | N/A | $34,900 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 1,5% |
| Year Founded | - | 2013 |
| Year Franchised | - | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 8 hours Classroom Training: 22-24 hours |
| Support | - | Grand Opening |
| Marketing | - | - |
| Operations | - | Number of Employees Required to Run: 10 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Loved Ones
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.
About 24/7 Nursing Care
24/7 Nursing Care, Inc is a leading provider of nursing care and companion services for individuals who want to remain independent and outside of a nursing home setting. We believe that the medical and emotional aspects of home health care should go together. The caregivers we place are those that excel both at their job and empathizing with patients. We believe there’s no point in focussing on a patient’s medical needs without addressing the need for tender loving care. As our name suggests, we provide round the clock care, both day and night. No job is too big or too small.
Following the success of our vision in our hometown of Miami, Florida, we were inspired to spread this ethos and offer franchise opportunities nationwide.
Benefits
We at 24/7 Nursing Care are committed to providing excellent nursing and companion services to our clients, whether it is long term or short term. It stands to follow then that we are also committed to the success of our franchisees. We will help you create your very own 24/7 Nursing Care. You will have personal consultant who will guide you through the business development process with everything from licensing and infrastructure to creating a targeted marketing plan for your franchise. With a low cost to start, and very little overhead, you will be sure to see a quick return on your investment.Offering
We have two franchise offerings available:• Own a single 24/7 Nursing Care franchise with a protected territory of 15,000 to 30,000 people who are 65 years old or older.
• Purchase the rights to a larger territory though an area development franchise agreement and create multiple 24/7 Nursing Care home healthcare agencies. larger territory through an area development franchise agreement and create multiple 24/7 Nursing Care home healthcare agencies.