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Home Instead Senior Care
Home Instead Senior Care is a non-medical, in-home care service chain and franchise. The company offers hospice care services in addition to companionship, with a goal of helping seniors maintain their daily routines in the comfort of their own home. In the midst of competition, Home Instead thrives within its market by claiming to not only provide exceptional service but form genuine relationships with its seniors and their families.
Facts & figures
Home Instead Senior Care Franchise Opportunities - History
Paul and Lori Hogan founded Home Instead in 1994 in Omaha, Nebraska. The company was built with a goal of improving the lives of aging adults and those who care for them. Paul and Lori began expanding their office locations within the first year of opening and sold their first franchise in 1995.
In 2003, the Hogans established the Home Instead Senior Care charity foundation to offer programs and services for the elderly, such as education, scholarships and health advocacy. Home Instead currently has over 1,100 locations across 12 countries, all but 5 of which are franchised.
Home Instead Senior Care Franchise Cost / Initial Investment / Home Instead Senior Care Franchise Income
The cost to open a Homes Instead Senior Care location is $108,900 to $124,910. This is inclusive of the upfront franchise fee of $55,000. The franchise charges franchisees a 5% royalty on gross sales and franchisees are mandated to contribute 2% of gross sales into the system's national advertising fund.
Home Instead Senior Care Franchise System Size and Composition
There are approximately 1,131 Home Instead Senior Care units operating worldwide. 598 units are franchised within the U.S., 528 are franchised outside of the U.S., and 5 are company-owned units.
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