9 Super Home Healthcare Franchises for Entrepreneurs to Buy
The home healthcare market is booming. With an aging population and greater desire to continue to live at home rather than in a hospice or care center, and greater financial ability to do so, there are many opportunities to take advantage of this growing market.
The question is, which is the best home healthcare franchise to buy?
We’ve put together this list of some of the absolute best franchise opportunities today – and listed them in alphabetical order.
Always Best Care
Always Best Care has been providing care services for seniors in their homes since 1996 and has operated a franchise model since 2007. It operates across several areas:
In-home senior care
Assisted living services
Home health care
It operates a protected territory policy. As a new franchisee, you will receive six weeks of business training as well as ongoing local support. Always Best Care has been named as one of the fastest-growing franchises in the senior care sector by Entrepreneur Magazine.
Your total investment? Around $125k.
A leading non-medical home care franchise business, Assisting Hands (franchising since 2006) offers senior in-home care, Alzheimer’s and dementia care, personal care, and skilled therapy for elders.
Currently operating more than 140 franchises, Assisting Hands offers home care up to 24 hours per day.
As a franchisee, you will be awarded a protected territory and can buy more than one franchise location. You receive a week of intensive training in the classroom and on-site visits. Your training covers all aspects of the business, and you also receive ongoing support.
With experience in executive management, marketing/sales, or business development, you could be the ideal franchisee for Assisting Hands.
Total investment ranges from around $80k to $150k.
Founded in 2002, and franchising since 2005, BrightStar Care offers a range of home care services from bathing to high-tech nursing. It has more than 330 franchises operating in the United States. Its business model includes relationships with businesses in areas such as commercial insurance and workers’ compensation to help drive referrals to franchisees.
More than 70% of its franchisees have no healthcare background, and you will undergo an extensive multi-week training program as a new owner. You will also benefit from ongoing support for your business.
Total investment is between around $105k and $175k.
Founded in 1996, ComforCare focuses on an aging population who want to ‘age in home’. The services it offers includes:
As a franchisee, you will benefit from multiple revenue channels, and a business that has received World-Class Franchise Certification from the Franchise Research Institute for 10 years running.
If you want to translate your career success into a new business in the home care sector, are highly motivated and willing to follow a proven system, ComforCare wants to speak to you. In return for your investment, you’ll receive extensive training and ongoing support, as well as a protected territory.
Total investment is between around $80k and $185k.
Home Helpers has been operating as a franchise business since 1997, and now has more than 300 franchise locations. It has experienced record annual growth every year and was named as a Top 500 Franchise by Entrepreneur Magazine in 2021.
Services that it offers include companion and personal care; direct-link monitoring; wellness calls; and meal and nutrition planning.
As a new franchisee, you will receive two years of onboarding, operations training, and business planning support.
Total investment amount ranges from around $95k to $140k. Home Helpers also has one of the most attractive veteran’s discounts of 20% off the initial fee.
Homewatch Caregivers is the longest established of the home healthcare franchises under the spotlight in this article. Founded in 1980, it has been operating as a franchise business since 1996, and now boasts more than 200 franchise locations in six countries.
Homewatch Caregivers provide many diverse types of care, including after-surgery; after-hospital; companion care; nursing services; personal care; respite; and transportation.
Franchisees are supported by an initial week-long training program in Denver, a Market Action Plan, a Business Implementation Plan, and monthly webinars among other support.
If you are goal-oriented and seek an active role in your business, a total investment amount of around $80k to $140k is what you need to own a Homewatch Caregivers franchise. If you are a veteran, you could receive a 30% discount on the franchise fee.
Nurse Next Door
Founded in 2001 and operating franchises since 2006, Nurse Next Door centralizes its referrals via a 24/7 call center. As a franchisee, you’ll be active in your community. This is a great business for those who are currently caregivers, though no experience is necessary. Services your business could provide include:
Home nursing care
Your training includes a five-day foundation training week in Vancouver, and ongoing coaching and support.
Total investment amount is between around $120k and $200k.
Right at Home
Right at Home was founded in 1995 in Nebraska, and now has over 500 franchises. It offers a package of services that it calls ‘Right Transitions’, to assist hospitals and other providers. These services include:
Initial training covers all business aspects, and lasts for two weeks before you open your business. You’ll also have a single support person assigned to help you through the first 12 to 18 months.
If you have previous management experience and at least $150k in liquid assets, this could be a fantastic opportunity for you.
Synergy HomeCare specializes in nonmedical home care (companionship and personal care) across all age groups. It first franchised its business in 2005, and now has around 400 franchisees.
You’ll receive marketing, support, and training as you build your business, as well as a protected territory. With multiple revenue streams, your business will benefit from high resistance to recession.
Total initial investment amount ranges from around $40k to $160k.
How do you select the best home care franchise opportunities?
These are only a few of the fantastic home healthcare businesses in which you could buy a franchise. However, to benefit from this growing market, you must select the best for you. Where should you start?
Take the Franchisee Aptitude Test today.