How Much Does it Cost to Open a Right at Home Franchise?

Right at Home*, the in-home care franchise with over 700 territories nationwide, gives franchisees the chance to make a difference in their local communities for a relatively low-cost investment. 

The franchise ensures high-quality service through a robust support system, offering franchisees access to subject matter experts, coaching, peer-to-peer mentorship, and strategic partnerships for effective business development. 

Initial Investment and Ongoing Fees

The total investment range to open a Right at Home franchise is $88,719 to $157,669, according to the brand’s 2023 Franchise Disclosure Document. Franchisees must also have access to $150,000 liquid capital to be considered for approval. Here is a breakdown of the associated costs: 

• Initial Franchise Fee: $49,500
• Real Estate/Rent: $2,550 – $6,150 
• Rent Deposits: $0 – $4,300
• Leasehold Improvements: $0 – $3,000 
• Insurance: $6,000 – $10,000 
• Furniture and Fixtures: $2,700 – $6,000 
• Computer Hardware and Software: $3,750 – $7,750
• Other Office Equipment and Supplies: $1,000 – $6,000
• Training: $3,000 – $8,000 
• Right at Home Personal Care Policy and Procedure Manual: $750
• Setup Fee and First Year Annual Subscription Fee for Right at Home Personal Care Policy and Procedure Manual: $125 – $350 
• Integrity Selling Training Program: $708 
• Coaching for Integrity Selling: $186
• ATS Payment: $200 – $1,125 
• Initial Opening Marketing: $750 – $4,350 
• Permits and Licenses: $200 – $2,000 
• Professional Fees: $300 – $3,500
• Signage: $0 – $4,000
• Additional Funds (3 Months): $17,000 – $40,000
• TOTAL: $88,719 – $157,669

Others fees to consider include: 

• Continuing Royalty: The greater of 5% of Net Billings (“Royalty Fee”) or the Minimum Royalty per Quarter (payable weekly)
• Local Advertising: 1% to 2% of Net Billings (as incurred - includes cost of local and internet advertising) 
• Brand Marketing and Promotion Fee: 2% of weekly Net Billings on the first $1,000,000 of Net Billings plus 1% of weekly Net Billings on the next $2,000,000 of Net Billings for each calendar year (payable weekly)

Right at Home’s Support for Franchisees

Franchisees not only get access to a strong national brand when investing in a Right at Home franchise, but they also receive unmatched support from the franchisor. Here are some key aspects of the support Right at Home offers:

• Initial Support: From the moment you receive approval to open your Right at Home territory, the company provides robust training, tools, resources, and one-on-one attention. This support is designed to not only get your business up and running but also to help you thrive over time.
• Business Performance Coach: Each franchisee is assigned a Business Performance Coach who provides guidance and assistance. Additionally, a network of fellow Right at Home franchise owners is available to help troubleshoot challenges, from day-to-day tasks to long-term strategic planning.
• RightStart Onboarding Process: Right at Home has a well-established onboarding process called "RightStart." This process covers everything from project planning and licensure to hiring staff and opening an office, ensuring a smooth launch for new franchisees.
• Training Program: Right at Home stands out by offering an innovative and comprehensive program that combines virtual and in-person training. These sessions cover a wide variety of topics, including caregiver recruitment and retention, business marketing, administrative functions of business ownership, and more.
• Community Support: Franchisees benefit from a community of fellow owners who share experiences and insights. This network helps new franchisees to address challenges and find solutions for both day-to-day operations and long-term success.

Overall, Right at Home is committed to providing the necessary tools and resources to help franchisees thrive in the in-home care industry. To find out more information on costs to buy this franchise, please visit https://1851franchise.com/rightathome/info.