Assisting Hands Franchise FDD, Profits & Costs (2025)
Assisting Hands Home Care is a distinguished franchise in the in-home care industry, established to meet the growing demand for personal and compassionate care for seniors and individuals needing assistance in their homes.
The franchise was founded in 2006 and is headquartered in Nampa, Idaho.
It has since expanded, offering a scalable business model that includes not only non-medical home care but also skilled nursing and temporary staffing options.
This franchise is notable for its comprehensive approach to home care, which not only focuses on providing excellent and dependable care but also emphasizes strong customer service and community impact.
Initial Investment
How much does it cost to start a Assisting Hands Home Care franchise? It costs on average between $88,000 – $160,000 to start a Assisting Hands Home Care franchised center.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors including the location, and whether the franchisee chooses to lease or purchase the property.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $55,000 |
Security Deposits | $500 – $4,000 |
Insurance | $3,500 – $6,000 |
3-Months’ Lease Payments | $1,500 – $6,000 |
Leasehold Improvements | $0 – $7,000 |
Signage | $700 – $3,000 |
Furnishings | $1,500 – $6,000 |
Computer System and Scheduling Hardware and Software | $2,000 – $4,500 |
Business Licenses and Permits | $150 – $500 |
Licensing and Credentialing | $700 – $15,000 |
Initial Training Expenses | $2,000 – $4,000 |
Open House Expenditure | $1,000 – $6,000 |
Telecommunications Services and Advertising | $1,500 – $3,000 |
Professional Fees | $2,000 – $5,000 |
Convention Fee | $200 |
Additional Funds– 3 months | $15,700 – $34,950 |
TOTAL ESTIMATED INITIAL INVESTMENT | $88,000 – $160,000 |
Average Revenue (AUV)
How much revenue can you make with a Assisting Hands Home Care franchise? A Assisting Hands Home Care franchised business makes on average $784,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $754,000 yearly revenue for similar in-home care franchises. Below are 10 Assisting Hands Home Care competitors as a comparison:
Assisting Hands Home Care Franchise Disclosure Document
Frequently Asked Questions
How many Assisting Hands Home Care locations are there?
As of the most recent data, Assisting Hands Home Care operates 175 locations across the United States. All of these locations are franchise-owned, as the brand primarily follows a franchising model without company-owned units.
What is the total investment required to open a Assisting Hands Home Care franchise?
The total investment required to open a Assisting Hands Home Care franchise ranges from $88,000 to $160,000.
What are the ongoing fees for a Assisting Hands Home Care franchise?
Assisting Hands Home Care franchisees pay a 5% royalty fee on gross revenue, alongside a 2% marketing fee. The royalty supports ongoing training, resources, and operational guidance, while the marketing fee funds national advertising efforts to strengthen brand visibility across all locations.
What are the financial requirements to become a Assisting Hands Home Care franchisee?
To qualify as an Assisting Hands Home Care franchisee, applicants need a minimum net worth of $350,000 and at least $100,000 in liquid capital. These financial requirements ensure franchisees are well-prepared for the initial investment and operational costs involved in launching and running the business.
How much can a Assisting Hands Home Care franchise owner expect to earn?
The average gross sales for a Assisting Hands Home Care franchise are approximately $0.78 million per location. Assuming a 15% operating profit margin, $0.78 million yearly revenue can result in $117,000 EBITDA annually.
Who owns Assisting Hands Home Care?
Assisting Hands Home Care is owned and led by Lane Kofoed, who serves as the President and CEO. Kofoed, who joined the company in 2009, has a background in business, accounting, and management consulting, and has played a crucial role in the expansion and operational oversight of the franchise network.
Disclaimer
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