Home Care Franchise Cost: What You Need to Know

Starting your own Touching Hearts at Home franchise is an exciting and rewarding opportunity. Understanding the costs involved in a home care franchise is crucial to ensuring your success from day one. This detailed breakdown covers all the key financial factors you need to know about our franchise opportunity.

What Are Some Financial Qualifications?

Financial stability plays a key role in the success of your franchise. For a Touching Hearts at Home franchise, we typically look for candidates who can demonstrate financial readiness and capability. These qualifications help ensure that you are well-prepared to handle the costs and operational responsibilities that come with running a successful franchise:

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 Liquid capital
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Net worth
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Minimal Credit Score

Affordable & Low-Cost Home Care Franchise Options

At Touching Hearts at Home, we believe in full transparency when it comes to financial matters, especially with your initial investment. Our franchise cost is designed to make it affordable while providing you with the necessary tools for a successful business launch. Your total investment will likely fall between $63,885 and $93,085, depending on several factors like location, real estate, and operational expenses.

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$49,500
Initial Franchise Fee
$2,230 to $2,500
Professional/Business Licensing and Miscellaneous Expenses
$2,000 to $5,500
Real Estate and Improvements
$500 to $8,000
Training Expenses
$2,500 to $4,500
Insurance
$2,600 to $4,600
Office Equipment and Technology
$4,785 to $17,485
Three Months’ Reserves
1%-6% of revenue
Monthly royalties

Request a copy of our Franchise Disclosure Document (FDD) for more information.

Top 5 Frequently Asked Questions About In-Home Care Franchise Costs

The cost to open a home care franchise ranges from $50,000 to $150,000, depending on factors such as the franchise brand, location, and services provided. This includes franchise fees, training, equipment, and setup costs for operations.

Factors affecting franchise costs include location, territory size, franchise brand, and services offered. Other factors, such as staff training, marketing, and office setup, also contribute to the overall investment.

The in-home franchise cost covers initial fees, comprehensive training, ongoing support, and access to the franchise brand and business model. Additional costs may include office space, equipment, marketing, and employee salaries.

Yes, most home care franchises charge ongoing royalty fees based on a percentage of your monthly revenue. Franchisees may also be required to contribute to a marketing fund, in addition to covering operational expenses.

Many Home Care Franchisors offer financing options or collaborate with third-party lenders to help franchisees secure funding. Additionally, some franchises may accept SBA (Small Business Administration) loans to help cover startup costs. It’s important to discuss financing options with the franchisor during the discovery process.

Many home care franchises, including Touching Hearts at Home, offer financing options. Some options may include SBA (Small Business Administration) loans, third-party financing, or assistance in securing small business loans to help franchisees cover startup costs.

What Our Senior Care Franchise Cost Gets You

When you invest in a Touching Hearts at Home franchise, you're not just paying for a business opportunity—you're gaining access to a proven system designed to set you up for long-term success. Our franchise includes:

Ongoing Research and Development: Stay competitive with your business by continually updating on industry trends and innovations.
Proven Business Model: A structured and scalable system that makes it easier to run your business while growing sustainably.
Comprehensive Training: Our training program covers all the essentials, from operational procedures to customer service, ensuring you’re fully prepared.
Cutting-Edge Technology: Access to advanced tools that streamline operations and help you leverage industry opportunities.
Ongoing Corporate Support Receive expert guidance on best practices, operational standards, and profit coaching.
Expert Marketing Assistance: Benefit from a team of marketing professionals who manage campaigns on your behalf, plus a marketing toolbox for targeted local efforts.
Franchisee Network: Join a community of supportive franchisees who share feedback, provide mentorship, and offer encouragement.
Networking Opportunities: Attend our annual conference to connect with fellow owners for shared learning and collaboration.
Dedicated Website and Social Media Support: Your own personalized website, along with expert assistance to grow your social media presence.
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Some Financing Options

There are various financing options available to help fund your Touching Hearts at Home franchise, including:

Small Business Loans: Many franchisees secure traditional business loans to cover startup costs. These loans often offer competitive interest rates and repayment terms designed for new business owners.
401K Financing: You can use your retirement funds to invest in your future without early withdrawal penalties. This option enables you to leverage your existing retirement savings while maintaining your long-term financial goals.
Home Equity Lines of Credit: Tap into your home’s equity to finance your franchise investment. It can provide flexible access to funds while potentially offering lower interest rates than other types of financing.
Personal Savings: Using your savings is an option for those who have the capital to make an upfront investment. This approach enables you to avoid debt and maintain full control over your franchise from the outset.

Get Started

Ready to take the next step toward a new career with Touching Hearts at Home? Reach out to our team, and we’ll guide you through the process and help you explore available financing options to get you started!

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