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Investment FAQs

What is the Investment Requirement of an Assisting Hands Franchise

We believe in empowering aspiring franchisees and entrepreneurs who are compassionate about serving seniors, elderly and those with disability. We keep our investment requirements and initial cost some of the lowest in the home care industry. In order to get started, you will need a minimum of $100k in liquid funds and a minimum net worth of $300k.

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What Is The Initial Franchise Fee?

The initial franchise fee is $55,000 for a single unit franchise. Additional franchises may be purchased by qualified individuals at a discount.

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What Is The Royalty Fee?

Assisting Hands Home Care charges a sliding-scale royalty fee of 5% – 4% of the weekly gross revenue.

A royalty fee is a standard practice in the franchise industry, and is used to support the franchisor in creating and maintaining ongoing programs and systems that improve the overall company. Royalty fees allow us to continue to grow, thus building brand recognition.

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How Long Does The Franchise Agreement Last?

The term of the franchise agreement is ten years, with options for two additional ten-year renewals.

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How Many Assisting Hands Home Care Franchises Are There In The United States?

There are currently 195 Assisting Hands Home Care franchises with 90 offices throughout the United States and Canada.

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How Much Money Will I Make?

Profitability varies greatly depending on a number of factors, including number of clients, location, capacity and operating costs, as well as the ability of the franchisee to manage and control the business. However we do provide Financial Performance Representations in our Franchise Disclosure Document for all franchisees operating longer than one full year. Our franchise representative will be glad to share this information with you at the appropriate time. We also encourage you to talk with our franchise owners to learn how they built their Assisting Hands business.

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While Assisting Hands Home Care® does not provide financing directly, we would be happy to refer you to one of the major banks that finance business start-ups, including franchises. Franchisees will need to invest approximately 40-50 percent (40-50%) of the investment for an Assisting Hands franchise out of their own capital.

We do not require a medical background or clinical training. We are looking for individuals who have strong management skills, the ability to make the necessary financial commitment, the drive and energy to be their own boss—and more importantly—a high level of compassion and strong desire to make a difference.

Generally, Assisting Hands Home Care hours of operation are Monday through Friday, 8:30 a.m.-5 p.m. We also provide 24/7 customer coverage.

Yes. Once you choose an available area, your exclusive territory will be determined based upon demographics such as population, as well as your distance from other franchisees.

Yes. For those who qualify, we offer a discounted franchise fee on the purchase of multiple franchise territories.

This can vary depending on your site and when it is available for occupation. On average, most franchisees open their Assisting Hands office three to six months after signing their franchise agreement.

As a new Assisting Hands Home Care franchisee, you will undergo a week of intensive training in the classroom, as well as an on-site visit covering all aspects of the Assisting Hands Home Care franchise business. This training will include caregiver training, recruitment and hiring, billing, scheduling, customer service, cash management, marketing and advertising. After your initial training, you will also receive ongoing support throughout the term of your franchise agreement.

Assisting Hands Home Care provides billing and scheduling software with 24/7 customer support.