Visit our franchise video section.
America's #1 Franchise Directory, Trusted for Over 15 Years

Home Instead Franchise Cost & Fees

Date of Incorporation: 1994

Franchising Since: 1995

Headquarters: Omaha, Nebraska


Business Description: A Home Instead Senior Care Franchised Business provides an effective solution for the elderly who prefer to remain at home where the quality of life is enhanced without the stress and hardships of interrupted routines and daily habits.

 

Franchise Offer: Home Instead franchises the operation of in-home non-medical companionship and domestic care services for the elderly utilizing the formats, systems, standards and procedures using certain trademarks, domain names, service marks and other commercial symbols.

 

Financial Assistance:Typically, neither the franchisor nor any agent or affiliate, offers direct or indirect financing , guarantees any notes, leases or other obligations, or has any practice or intent to sell, assign or discount to a third party all or part of any financing arrangements.

 

Training and Assistance: Home Instead provides an initial training program for up to two people without additional cost. The initial training program must be successfully completed by franchisee and by the manager and is conducted in Omaha, Nebraska or at another location. During the initial training program, franchisor will arrange and pay for up to five nights of hotel accommodations for franchisee and the other person attending the initial training program. The franchisee must attend and successfully complete the initial training program and open Home Instead Senior Care business within 30 days after the date of the Franchise Agreement. During the first six months of operation of the Franchised Business, the franchisor will spend a minimum of one day at the franchisee’s office to provide ongoing operations support and assistance. The franchisor will schedule national and other meetings periodically throughout the term of the Franchise Agreement for franchisees.

 

Territory: The franchisee is granted the right to operate a Home Instead Senior Care business within a defined geographic area with an estimated minimum population of 10,000 people over the age of 65 years. The franchisee’s Exclusive Area will be described as a municipality, portion of a municipality, county or metropolitan statistical area or as described in a map. The franchisor will not license the right to another franchisee to open and operate a Home Instead Senior Care business nor will operate a Home Instead Senior Care business within the Exclusive Area.

 

Term of Agreement and Renewal: The term of Franchise Agreement is 10 years. The right to renew is subject to conditions and to the discretionary approval of Home Instead. If the franchisee is in good standing, the franchisee may be granted the right to renew for a term equal to the then customary initial term granted under Home Instead's then-current Franchise Agreement.

 

Obligations and Restrictions: The franchisor requires that either the franchisee personally supervises the franchise business, or the franchisee or his or her corporation, partnership or limited liability company must employ a manager who must be responsible for the full-time on-premises supervision of the business and who has successfully completed the Home Instead Senior Care initial training program. The franchisor may require the manager to have an ownership interest in a corporation, partnership or limited liability company which owns the franchise. The franchisee must offer and provide all the approved non-medical services. Approved services will include companionship services, home helper services and personal care services, and will exclude any medical service, as determined and defined by the franchisor. The franchisor does restrict franchisees from marketing or providing services outside their granted Exclusive Area.

 

Total Number of Units: 1,000

 

Investment Tables:

Initial Investment:

Name of Fee
Low High
Initial Fee $44,000 $44,000
A.C.E.S Software License $784 $3,920
Training and Living Expenses while Training $500 $1,000
Real Estate & Expenses $400 $2,000
Equipment $3,000 $5,000
Signs $50 $750
Miscellaneous Opening Costs including insurance deposit $4,550 $7,500
Inventory $50 $500
Advertising - 3 Months $500 $800
Additional Funds - 3 Months $2,500 $7,000
Estimated Total
$56,334 $72,470

 

Other Fees:

Type of Fee Amount
Royalty Fee 5% of Gross Sales
Initial Training Fee $0

Initial Training for Additional Persons:

  • 1 person, no hotel           - $1,000
  • 1 person, 1 hotel room     - $1,500
  • 2 persons, no hotel room  - $2,000
  • 2 persons, 1 hotel room    - $2,500
  • 2 persons, 2 hotel rooms   - $3,000
Supplemental Training at the Office $500 a day plus expenses.
Transfer Fee $15,000
Audit Fee Cost of audit, including travel expenses, plus interest on amount of underpayment.
Renewal Fee $5,000
Marketing Fund Up to 2% of monthly Gross Sales.
Interest Fee Prime commercial rate plus 3% as reported by the Wall Street Journal (Midwestern edition), but no less than 12% per year.
Insurance Cost of insurance.
Costs and Attorneys' Fees Will vary under circumstances.
Indemnification Will vary under circumstances.

Date of FDD: 2013

The above information has been taken from the FDD of Home Instead.

Franchise Direct's Disclaimer


You may be interested in the following franchises...

Caring Senior Service Grow with us. Care with us. Change lives with us. Our long history of leadership in the homecare industry gives you... Minimum Cash Required: $35,000. Caring Senior Service Franchise.

StartupHomeCare Own your own non-medical senior care agency with only a one-time fee. No royalties and no territory restrictions! Minimum Cash Required: $17,500. StartupHomeCare Business Opportunity.


Your Request List

You can add items by clicking the "Add to Request List" button or checkbox when you find something you're interested in.

You may add up to 15 items to your Request List

Your request list will follow you around the site.

When you are ready to complete your request for free information, click "Submit" in your Request List.

Why not get started by browsing our New Franchise Opportunities or Low Cost Franchise Directory?

You may only enter 15 items in your Request List.

To request information from your selected companies, just fill in the form and click "Submit".

OK, got it

Request Info From:

  •  

Your List is Empty

You can add items by checking the "Request FREE Info" boxes.

* indicates required field

Optional Information

The form is being processed. Please be patient.

 Join our mailing list!

Terms and conditions apply.

TRUSTe online privacy certification