Rank no. 82 – Visiting Angels – US
Rank no. 82 – Visiting Angels – US
Products & Services: Nonmedical in-home care services for seniors
Number of Locations: 464
Total Investment: $58.45K – 95.19K
Founded: 1992
Began Franchising: 1998
About Visiting Angels
After working as a social worker in a nursing home and listening to families express frustration about limited alternatives to nursing facilities or assisted living centers, Jeffrey Johnson began Visiting Angels in 1992 to provide experienced in-home caregivers to seniors.
With franchisees nationwide, Visiting Angels offers living assistance services including hygiene assistance, meal preparation, light housekeeping, errands and shopping and companionship services.
Franchise Units
YEAR | U.S. | CANADIAN | INTERNATIONAL | COMPANY OWNED |
2013 | 454 | 7 | 3 | 0 |
2012 | 435 | 7 | 3 | 0 |
2011 | 409 | 1 | 0 | 0 |
2010 | 390 | 1 | 0 | 0 |
2009 | 377 | 1 | 0 | 0 |
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $31,950 – $54,950
Ongoing Royalty Fee: 3.5-2%
Term of Franchise Agreement: 10 years, renewable
FINANCIAL REQUIREMENTS
Net Worth: $100,000
Liquid Cash Available: $39,950
OPERATIONS
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Franchise Ranking History