1Heart Caregiver Service Franchise Review
1Heart Caregiver Service is graded based on our most recent FDD research!
Franchise Opportunity Data
1Heart Caregiver Services is a non-medical home care agency specializing in caregiving services and other adults who do not need nursing home care but do require some assistance in meeting their healthcare needs.
What is the upfront investment costs to be a franchise owner of an 1Heart Caregiver Service franchise?
1Heart Caregiver Service has an initial franchise fee of up to $47,500, with a total upfront investment range from $90,110 to $130,660.
- Initial Franchise Fee: $47,500
- Total Investment: $90,110 to $130,660
- Working Capital: $35,000 to $55,000
- Royalty Fee: 5.0%
The upfront cost of any franchise includes multiple fees. Explore this franchise opportunity to better understand the initial costs required to purchase an 1Heart Caregiver Service, such as territory fees, construction and costs, grand opening, marketing, and technology fees.
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How much can I earn by owning a 1Heart Caregiver Service franchised business?
As with any new franchise, there should be a solid return on your investment and profit potential. The specific franchisee's income and the revenue from an 1Heart Caregiver Service business depends on a variety of factors. One way to confirm the potential revenues or profits earned from a 1Heart Caregiver Service franchise investment is to review the franchisor's Item 19 within their FDD. This is called a financial performance representation. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as overall systemwide sales. This type of information is not always helpful to assess profits for you directly. So review average sales data with caution. As a general rule, typically profits and owner's salary are correspond to the overall size of the initial investment. The larger the initial investment, the higher return you should anticipate
For more details and system-specific data on the revenue of an 1Heart Caregiver Service franchise, unlock this franchise
How many franchise locations do they operate?
As of the 2022 Franchise Disclosure Document, there are 10 franchised 1Heart Caregiver Service locations throughout the United States.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Are there any 1Heart Caregiver Service franchises near me?
Based on 2022 FDD information, 1Heart Caregiver Service has franchise locations in 2 states. There could be no locations in several states as each franchise company plans their growth strategy differently.
Based on our research this franchise is growing into new regions and could be available near you. While planning your franchise purchase, you always need to be considering where is a good location for my business. Review the potential customer base to assess that the area you are looking at has a need or want for this business.
One of our advisors will have detailed knowledge about this brand. Unlock to learn more and speak with our advisors.
Last Reviewed: 2022
Sector: Personal Services
Category: Home Care
1Heart Caregiver Service Franchise INFORMATION
10 Years
5 Years
0
10
5.0%
2.0%
EXTRA INFORMATION
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 44 hours. This includes 40 hours of classroom training, 4 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
| Online | 0 |
|---|---|
| On-the-Job | 4 |
| Classroom | 40 |
| Total | 44 |
Do they offer Territory Protections?
1Heart Caregiver Service offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.
Do they have marketing and technology support in place?
Yes, 1Heart Caregiver Service offers comprehensive support for franchisees. Unlock this franchise to find out more.
When did 1Heart Caregiver Service start franchising?
They began franchising in 2014. The average Home Care franchise began franchising in 2011.
Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
Unlock this franchise for instant access to our research reports, including:
- Growth breakdown
- Turnover breakdown
- Financial details
- Initial and renewal terms
- Royalties and ongoing fees
- Important Franchise FAQs
- Our grade and free access to consult with a franchising expert
- How much do franchise owners historically earn?
- Does this brand provide Veteran or First Responder discounts?
- Does this brand use public figures to promote their franchise?
- Does this brand disclose any bankruptcies?
- Is this franchise related with any other franchise brands or private equity investment groups?
- How many new locations have they opened in the last 5 years?
- How many franchised locations have closed in the last 5 years?
- How many new outlets have they sold in the last 5 years?
- How many franchised locations have terminated in the last 5 years?
- Does this brand operate any corporate or affiliate owned locations?
- What is their initial and renewal term lengths?
- Do you have a legal dispute resolution process?
- How long has the franchisor been in business?
- Are they expanding internationally?
- How are the royalty, advertising and marketing funds administered and managed by the franchisor?
- Is your desired franchise territory available?
- What support can you expect to receive from the franchisor?
- Why has new franchisee growth been so high?
- What are the financial requirements to be approved as a franchise owner in this brand?
- Are you required to work in the outlet or is this a passive franchise opportunity?
- Does this brand offer multi-unit discounts for buying more than one franchise?