Franchise Deep Dive: Assisting Hands Home Care’s Franchise Costs, Fees, Profit and Data
The in-home care franchise offers services to seniors and disabled adults, ranging from orthopedic care to fall risk assessments to hospice support.
LAST UPDATED: January 2024
FRANCHISE WEBSITE: Assisting Hands Home Care
NUMBER OF LOCATIONS: 175+
REPORTED COST TO GET IN: $87,950 to $160,150
REPORTED ROI (Item 19): $764,000 (average yearly revenue)
Assisting Hands Home Care is a home-care service franchise that provides elderly and disabled individuals with the care they need to remain as independent as possible in the comfort of their own homes. With the aging population growing rapidly as baby boomers reach retirement age, senior care services are increasingly in high demand.
How Many Assisting Hands Home Care Locations Are There?
Assisting Hands Home Care was founded in 1996 with locations in Boise, Idaho, and in Phoenix. The brand began franchising in 2006 and now offers care services with locations across the U.S. and Canada.
Currently, Assisting Hands Home Care has 175-plus locations across the country.
What Is Assisting Hands Home Care’s Business Model?
Assisting Hands Home Care is a nonmedical, in-home support service primarily for the elderly. It also serves people with disabilities or illnesses who require in-home assistance. Care is individualized to each client’s needs and can be provided at scheduled times up to 24 hours a day. The brand offers Alzheimer's care, dementia care, orthopedic care and hospice support.
The brand does not require franchisees to have previous experience in care or a medical background but is looking for candidates with strong management skills and financial stability, as well as a strong sense of compassion for those the brand serves.
How Much Can Assisting Hands Home Care Franchise Owners Make?
Based on the information given in the brand’s 2023 Franchise Disclosure Document (FDD), the average yearly revenue of an individual Assisting Hands Home Care unit is approximately $764,000.
How Much Does It Cost to Open Assisting Hands Home Care?
The total investment necessary to begin operation of a new restaurant ranges from $87,950 to $160,150. This includes a franchise fee of $55,200.
Franchisees are also required to pay an ongoing royalty fee of 4%-5% of gross sales.
What Is the Franchise Fee for Assisting Hands Home Care?
The initial franchise fee is $55,200. This fee must be paid to the franchisor.
Who’s On Assisting Hands Home Care’s Leadership Team?
- Lane Kofoed — President and CEO
- Dr. Gail Silverstein — Founder & Member of the Board of Directors
- Gail Stout — Senior Vice President
- Andrew Dahle — Chief Operations Officer
- Tyler Moss — Chief Financial Officer
- Deanna Keppel — Vice President
- Catherine Foster — National Marketing Director
- Dan Durney — Director of Franchise Development
What Helpful Articles Can I Read to Learn More About Assisting Hands Home Care?
- Rapidly aging population in The Villages driving demand for in-home care
- Assisting Hands Home Care Youtube
- Franchise Thought Leaders: Why Culture Counts
- The Biggest Home Care Franchises
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