8/10

Franchimp Summary Rating

8 /10
Lower than 29% of peers

Franchise Summary

Description
The franchisee will receive a franchise and license to own and operate a FirstLight Home Care business, providing non-medical care services to individuals 18 years of age or older, needing assistance with personal care, as well as those requiring companion care, dementia care, and assistance with the activities of day-to-day life, for an initial term of 10 years with the right, on payment of a renewal fee and compliance with other conditions, to renew for additional successive 10-year renewal terms.
Company Background
FirstLight Home Care is the only franchise that offers non-medical care services to individuals 18 years of age or older who need assistance with personal care and those requiring assistance with activities of daily life. FirstLight Home Care provides a variety of in-home, live-in and onsite services for seniors including Alzheimer's and dementia care, companion care, meal preparation, medication management, grooming and hygiene assistance.
Franchise Opportunity
The number of elderly people is growing rapidly, and the need for home care services will continue to increase as a result. In fact, by 2025 it's estimated that 3 million Americans will require some form of long-term care! (source) FirstLight Home Care provides non-medical in-home care services including companion care, dementia care and assistance with activities of daily living to seniors over 18 years old who are unable to perform personal or household tasks unassisted due to physical limitations. We're looking for franchisees across North America who want to own their own business helping others live independently at home. Only one out of every 100 applicants get accepted into our program! Our proven operating system allows you the freedom and flexibility to run your business your way while we provide comprehensive support from day 1. As a family owned company since 1996 we've been providing quality service locally for 20 years now and have helped thousands of families find affordable solutions when they
Corporate Structure
FirstLight HomeCare Franchising, LLC is an Ohio limited liability company, formed on December 7, 2009. Their principal business offices are 7870 East Kemper Road, Suite 440, Cincinnati, Ohio 45249. FirstLight HomeCare began offering franchises in March 2010.

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of FirstLight HomeCare Franchisees

FirstLight HomeCare Franchise System Development in 2022

FAQ

How much investment do I need to start my own FirstLight HomeCare business?
Franchisees typically require at least $125 to $199 investment to get their FirstLight HomeCare business started
What are the initial franchise fees for FirstLight HomeCare?
Franchisees typically need to pay at least $55 in fees directly to FirstLight HomeCare in order to earn the right to launch their business
How much money can I make with a FirstLight HomeCare franchise? What are the average revenues for a typical FirstLight HomeCare business?
We haven’t done the math on how much revenue a typical FirstLight HomeCare brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $544,621 revenue, so we would expect FirstLight HomeCare to generate a similar amount
How long do I need to commit to running a FirstLight HomeCare unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $125,675 to $199,660 which is Much Lower than the $0 to $0 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

Franchises in the Same Industry

Popular Franchises

Is this your Franchise?

Update your profile with photos, videos, useful information, and start connecting with prospective franchisees today

CLAIM THIS FRANCHISE