Boost Home Healthcare Franchise FDD, Profits & Costs (2025)
Boost Home Healthcare, established in 2021, is a premier home health company that provides superior in-home nursing, therapy, and home care services. As a member of the Best Life Brands family, Boost Home Healthcare is dedicated to delivering high-quality, nurse-inspired clinical care, one patient at a time.
The company, headquartered in Bloomfield Hills, Michigan, began franchising in 2021, reflecting its commitment to rapidly expanding its reach and impact.
Since its inception, Boost Home Healthcare has focused on offering a comprehensive range of services, including skilled nursing, physical therapy, occupational therapy, speech therapy, certified home health aide support, and medical social worker assistance.
Boost Home Healthcare differentiates itself through its commitment to clinical excellence and a collaborative approach that involves families, caregivers, and healthcare professionals in unified recovery plans. This emphasis on open communication and continuous improvement sets it apart from competitors in the home healthcare industry.
Initial Investment
How much does it cost to start a Boost Home Healthcare franchise? It costs on average between $155,000 – $310,000 to start a Boost Home Healthcare franchised center.
This includes costs for licensing, staffing, medical equipment, and initial operating expenses. The exact amount depends on various factors, including the size of the service area, the level of services offered, and whether the franchisee chooses to lease or purchase office space.
Type of Expenditure | Amount (Low-High Range) |
---|---|
Initial Franchise Fee | $60,000 |
Travel Expenses for Training | $0 – $5,575 |
Real Estate & Related Expenses – 6 Months | $6,000 – $16,700 |
Office Equipment & Supplies | $1,500 – $2,800 |
Field Equipment & Supplies | $3,850 – $10,200 |
Operational Software & Systems – 6 Months | $10,000 – $19,000 |
Signs | $100 – $575 |
Miscellaneous Opening Costs | $1,200 – $3,900 |
Licensing, Accreditation, and Certification Fees | $15,750 – $25,000 |
Insurance – 6 Months | $3,750 – $7,000 |
Recruiting Expenses – 6 Months | $3,000 – $4,500 |
Additional Funds – 6 Months | $50,000 – $155,000 |
Total Estimated Initial Investment | $155,150 – $310,250 |
Average Revenue (AUV)
How much revenue can you make with a Boost Home Healthcare franchise? A Boost Home Healthcare franchised location makes on average $435,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $784,000 yearly revenue for similar in-home care franchises. Below are a few Boost Home Healthcare competitors as a comparison:
Boost Home Healthcare Franchise Disclosure Document
Frequently Asked Questions
How many Boost Home Healthcare locations are there?
As of the latest data, Boost Home Healthcare operates six franchised units, with no company-owned units.
What is the total investment required to open a Boost Home Healthcare franchise?
The total investment required to open a Boost Home Healthcare franchise ranges from $155,000 to $310,000.
What are the ongoing fees for a Boost Home Healthcare franchise?
Boost Home Healthcare franchisees pay a royalty fee of 3.5% for Medicaid transactions and 5% for Medicare or private/commercial insurance transactions. Additionally, they contribute 2% of gross revenues to a marketing fund for national and regional advertising.
What are the financial requirements to become a Boost Home Healthcare franchisee?
To become a Boost Home Healthcare franchisee, you need a minimum net worth of $500,000 and at least $100,000 in liquid capital. These financial requirements ensure that franchisees have the necessary resources to establish and operate a successful home healthcare business.
How much can a Boost Home Healthcare franchise owner expect to earn?
The average gross sales for a Boost Home Healthcare franchise are approximately $0.44 million per location. Assuming a 15% operating profit margin, $0.44 million yearly revenue can result in $66,000 EBITDA annually.
Who owns Boost Home Healthcare?
Boost Home Healthcare is owned by Best Life Brands, a leading multi-brand organization dedicated to providing services that support individuals through various stages of life.
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