- Visiting Angels Franchise: Care services
- Estimated Number of Units: 600+ Worldwide
- Minimum Investment: $30,000 – $50,000
- Franchise Fees: $25,995
- Expected revenue: $600,000 to $800,000 after 2 years!
Visiting Angels is a senior services homecare franchise. Most agreeable and appealing options a senior can have been safety and independence in the comfort of their own home.
This peace of mind is just as important to seniors as it is to the loved ones that share in their concerns and this safety and care ness is fulfilled by Visiting Angels Franchise.
Contents
Visiting Angels Franchise Opportunities
What are the visiting angels franchise opportunities?
Visiting Angels has hundreds of franchised senior home care agencies across the United States. it chances(opportunities) are available throughout the United States and international
From June 2017 to November 2018, the firm surveyed more than 30,000 franchisees from more than 300 brands on qualities such as leadership, training, values and more.
With more than 600 franchise locations throughout the U.S., the private duty home care company is the most frequently searched for home care name on Google, according to the company’s page on Franchise Business Review.
Ranked:2 senior care and No. 169 on the list overall. Also Ranked by Entrepreneur Magazine as one of the fastest-growing franchises in America
After the creation of 2010, the home care company has grown quickly, with a 29% increase in revenue and a 24% increase in location growth in 2017 alone. Now, with about 260 franchise locations across the country, the company is also seeking franchisees to open offices in select countries.
Visiting Angels Franchise Cost
How much does Visiting angels franchise cost?
| Name of Fee | Low | High |
|---|---|---|
| Initial Franchise Fee | $48,950 – $57,950 – $72,950 | |
| Printing/Supplies | $1,500 | $1,500 |
| Insurances Deposits | $5,000 | $5,000 |
| Workers’ Comp Insurance Deposits | $9,500 | $9,500 |
| Minimum Royalty | $1,485 | $1,485 |
| Travel, Lodging Expenses During Training (per person) | $1,500 | $2,000 |
| Computer | $0 | $3,000 |
| Software | $1,450 | $3,000 |
| Advertising Fee (First 3 Months) | $1,275 | $1,275 |
| Local Ads (first 3 months) | $1,800 | $3,600 |
| Additional Funds (3 Months) | $50,000 | $50,000 |
| ESTIMATED TOTAL | $122,460 | $153,310 |
Visiting Angels Franchise Cost/Other Fee
| Other Fees | |
| Type of Fee | Amount |
| Royalty/Service Fee | 3.5% of total Gross revenues; 3.25% after $95,000 per month revenues are reached; 3.0% after $175,000 per month revenues are reached. Minimum $495 ($625/month in 325K pop. territory) by 2nd month after training; minimum $650 per month ($825/month in 325K pop. territory) in the 24th month; minimum $875 per month ($1,075/month in 325K pop. territory) in the 48th month. Minimum $1,095 per month ($1,295/month in 325 K pop. territory) in the 60th month. |
| Advertising | $600 to $1,200/month local internet advertising (may increase at the franchisor’s option). |
| Cooperative Advertising | $425 per month ($575/month in 325K pop. territory) or 2.5% of Gross Revenues if higher; 2.25% of Gross Revenues after $95,000 per month revenues are reached if higher; 2.0% of Gross Revenues after $175,000 per month revenues are reached if higher; because of 2 month training class: Increases to the minimum $550 (minimum $695 in 325K pop. territory) per month in the 24th month; $750 (minimum $950 in 325K pop. territory) per month in the 48th month; $895 (minimum $1,195 in 325K pop. territory) per month in the 60th month. |
| Additional Training | $2,000 per person (this amount may increase in the future upon written notice from the franchisor). |
| Additional Assistance | Paid by service fee. |
| Transfer | $9,500 to $19,950 or 2% of sale price, if greater; based on sale price. |
| Audit | On underpayment cost of audit plus 10% |
| Renewal Fee | $7,500 |
| Attendance Fee for National Conference | $650, subject to increase |
| Minimum Annual Purchase Requirement | N/A |
| After Due date Fees | 10% of service fee immediately due, 0.167% each day after. |
Visiting Angels Franchise for Sale
What is the visiting angel’s franchise for sale requirements?
Training: Franchisees will receive 45 hours of training during a period of 5.5 days which will enable them to open and operate the franchised business. The franchisor allows franchisees to bring a total of two individuals associated with the franchise (including themselves) to training at no extra charge.
