What is the initial franchise fee?
The initial franchise fee is $38,500 for a single unit franchise. Additional franchises may be purchased by qualified individuals purchased at a discount.
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.
How long does the franchise agreement last?
The term of the franchise agreement is ten years, with options for two additional ten-year renewals.
How many Assisting Hands Home Care franchises are there in the United States?
There are currently more nearly 100 Assisting Hands Home Care franchises with 40 offices throughout the United States and Canada.
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.