Top 250 Franchise by Entrepreneur – Rank no.60 – Home Instead Senior Care – US
Products & Services: Nonmedical senior-care services
Number of Locations: 990
Total Investment: $56.33K – 72.47K
Began Franchising: 1995
About Home Instead Senior Care
Home Instead Senior Care was founded in 1994 by Paul and Lori Hogan. Based in Omaha, Nebraska, it provides part-time, full-time and live-in nonmedical service for the elderly who can manage their physical needs but require assistance, supervision, light housework and companionship to remain in their homes. Home Instead Senior Care has locations in the United States, Canada and Western Europe, and offers international master franchise opportunities.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $44,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Liquid Cash Available: $44,000
Number of employees needed to run franchised unit: 9 – 12. Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|
How This Franchise Supports Franchisees
Franchise Ranking History
|Industry||Non-medical in-home care for seniors|
|Founder(s)||Paul and Lori Hogan|
|Headquarters||Omaha, Nebraska, US|
Home Instead Senior Care is an American-based multinational network of franchises specializing in non-medical in-home care for the elderly, in support of aging in place. Headquartered in Omaha, Nebraska, it is the largest senior care franchise in the world, with 850+ independently owned and operated offices worldwide.
Paul and Lori Hogan founded the firm in 1994. The firm has been cited for its business success by organizations such as the Wall Street Journal, Entrepreneur Magazine, Franchise Times, Inc. magazine, the International Franchise Association, and TIME Magazine. CEO Paul Hogan was named Entrepreneur of the Year by the International Franchise Association.
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Home Instead Senior Care Receives Top Award for Franchisee Satisfaction from Franchise Business Review
For the second consecutive year, the Home Instead Senior Care® network was listed No. 1 overall in franchisee satisfaction among all categories, as announced by Franchise Business Review. The announcement of the 2012 Top Franchises was made recently by Franchise Business Review at the International Franchise Association conference in Orlando. Read more…
In 2003 The Home Instead Senior Care Foundation was established as a means to further enhance the health, safety, support services and lives of seniors. The Foundation funds non-profit organizations that specialize in programs and services for seniors, including research and development, education, scholarships, and/or advocacy for the health and well being of the elderly.
As of 2010, The Home Instead Senior Care Foundation had awarded 86 grants totaling more than $875,000+