Franchise FAQ

is visiting angels a good franchise

by Kenneth Schulist Published 1 year ago Updated 1 year ago
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Why choose visiting Angels home care franchisees?

All of our franchisees receive timely and extensive ongoing learning information each week (weekly Q & As, weekly essays on home care). Visiting Angels also provides support in obtaining home care clients through our national marketing efforts based at our headquarters in Havertown, Pennsylvania.

What services does visiting angels provide?

With locations across the country, Visiting Angels provides a variety of services to support individuals living on their own. What is Visiting Angels? Visiting Angels is a care agency for seniors and others who need in-home assistance. The company is a network of franchises specializing in affordable and flexible home care across the U.S.

How do I find visiting Angels locations?

Visiting Angels has over 600 locations in all 50 states. By entering your zip code, you can see the location nearest you and begin filling out information about what you're looking for. This primarily includes contact information, a mailing address, and if you're interested in a free in-home consultation.

Are visiting Angels premiums tax deductible?

Long-term care premiums paid to Visiting Angels could be tax deductible. Is Visiting Angels worth it? Visiting Angels provides comprehensive, customized in-home and elder care, specializing in affordable services that help individuals age in place comfortably.

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How much can you make with a Visiting Angels franchise?

Many of our franchisees are unfamiliar with home care prior to owning their franchise – we equip them with the skills they need for success. Proven Viability. The average Visiting Angels franchise makes nearly $1.3 million in revenue each year, with a profit margin of 15 - 18%%.

How much do Visiting Angels owners make?

The estimated total pay for a Owner at Visiting Angels is $109,230 per year.

Are homecare franchises profitable?

Home care franchisees can be very profitable, many earning a million or more in revenue from a single unit. For example, at Home Care Assistance, the average revenue of sites open for at least 12 months is $1,430,307. The average revenue of sites open for at least 48 months is $1,827,610.

Who owns Visiting Angels franchise?

Lawrence MeigsIn 1998, Lawrence Meigs co-founded Visiting Angels to fulfill a vision for a home care company with a difference—putting caring first. He then opened the very first Visiting Angels franchise location in Havertown, PA.

How long has Visiting Angels been in business?

Visiting Angels has been providing compassionate senior care to families across the United States since 1998. Our network of home care franchised agencies is committed to providing families with the best possible in-home care services.

How much do home care franchise owners make?

So, how much money do home care franchises actually make? In 2021, Senior Helpers franchises open for 60+ months earned $1,229,889 in average gross annual revenue. Among franchises open 48 to 59 months, average gross annual revenue was $1,137,732 in the same period.

Why in home care franchises are booming these days?

Populations in the United States and across the developed world are aging. Because more and more people are also living longer lives, there is a greater likelihood that they will, at some point, need some level of care.

Is elderly care business profitable?

With Baby Boomers stepping into their old age rapidly, the demand for home care has never been higher. As the market expands with 10,000 seniors every day, running a non-medical home care business can be very profitable.

Are senior care franchises profitable?

According to Franchise Business Review, the average profit on senior-care franchises is $98,723 per year. That lands you almost half a million ($493,615) after five years of profit.

What is the purpose of visiting angels?

What Services Do Visiting Angels Provide? Visiting Angels provides companion care and personal care services. Our home care services are designed to provide assistance with those activities that elders need help with in order to be able to stay at home safely and with dignity.

How much does a Right at home franchise cost?

Right at Home Franchise Costs & FeesName of FeeLowHighInitial Franchise Fee$49,500$49,500Real Estate/Rent$2,550$6,150Rent Deposits$0$4,300Leasehold Improvements$0$3,00014 more rows

How much does it cost to start a home health care business in Florida?

Initial Investment for a Home Care Franchise in FloridaType of ExpeditureLOWHIGHInitial Franchise Fee-*Based on State Restrictions$49,500 *Based on State Restrictions$69,500 *Based on State RestrictionsRent and Lease Security Deposit$1,000$3,500Utilities$300$500Office Furniture$1,500$3,00010 more rows

What is a home care franchise?

As a home care franchise owner, you will hire your own team of caregivers and other medical professionals to handle the day-to-day tasks of providing home care to your clients. Instead, some of the most important attributes of a successful home care franchise owner are commitment, grit and determination to succeed.

How do I start a home care agency in Georgia?

To start your home care business, you will need to apply for your home care license in Georgia. This license is referred to as a Private Home Care Provider license. A home care license application with home care policies will need to be compiled and submitted electronically to the State of Georgia with a fee of $500.

Get to Know Visiting Angels

We are America's Choice in Senior Home Care. We offer non-medical services to Seniors. Visiting Angels has been fine-tuning our systems throughout the past two decades and has blazed the trail for more than 600 non-medical, private duty home care agencies throughout the United States.

Get Visiting Angels Information Today!

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Background

The senior care industry is a booming industry as Americans - and the total global population- are growing older. According to reports, about 17% of the population will be over the age of 65 by 2050. This means that more people with require care.

Support and Training Offered By Visiting Angels

In terms of support and training, franchise owners can expect assistance with national marketing and advertising; monthly webinar teleconference trainings; an optimized website; and fresh industry news distributed to you everyday. They will have there for you with any questions that you have.

Franchises Similar to Visiting Angels

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.

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