Home Instead
Home Instead Senior Care was founded in 1994 by Paul and Lori Hogan in the USA, after the family had been caring for Paul’s grandmother, Mrs Manhart. With their love, care and a little extra help, she was able to live safely in her own home for many years. This experience inspired Paul and Lori to launch a care business with a difference, to help other families just like theirs.
Our franchise opportunity is a management franchise operating in a geographical territory providing services such as companionship, home help, personal care, dementia care and live in care to individuals who want to remain in their own homes.
There’s an ageing population which presents market opportunity for people who feel passionate about providing quality home care. With people living longer, having fewer children and dementia statistics rising, the need for quality homecare is more relevant than ever.
Today there are over 1200 franchise partners worldwide operating in 12 countries looking after individuals and making a real difference in their community.
Home Instead’s training is unrivalled. With New Owner, 90 and 180-day development programmes, followed by ongoing support from the business development, marketing, care, quality, finance, IT and standards teams, a franchisee is always supported. There’s a 4:1 ratio of franchise offices to National Office employees, who are there to support owners throughout their business life cycle. Our franchise partners also support each other with strong peer collaboration.
Franchise fee is £39,500 + VAT. There will also a need to invest a further £60,000 working capital to cover operating costs until the business reaches breakeven.
Franchise Partners are on target to achieve £1 million turnover by year 4 with operating profits of 15-20%. There is an ongoing royalty fee of 6.5% of annual turnover, excluding VAT
For further information please contact either Imi or Ruth on 01925 730 273 or franchise@homeinstead.co.uk
Social Media:
Twitter: @HomeInsteadFran
Facebook: HomeInsteadUK
LinkedIn: Home Instead Senior Care UK