Initial Training Expenses
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As incurred

Assiting Hands Home Care

Table of Content
1. Franchise Snapshot
2. Franchise Overview
3. Performance and Metrics
4. Our Take
5. Additional Resources

1. Franchise Snapshot

Franchise Status
Active
Basic Information
Industry
Healthcare
Category
Home & Senior Care
Investment Range
$94,500 - $176,400
Total US Locations
190
Franchise Units
185
Founding Year
2006
Started Offering Franchises
2006
Management Capacity
Owner Operator
Job Count
3-5
Prior E2 Investors?
Yes
Prior Visa Franchise Clients?
Yes
Royalty Fee
5%
Marketing Fee
0.5%
Franchise Fee
$55,000
Headquarters (City, State)
Nampa, ID
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

*Information presented in these videos may change over time and may not reflect the most current franchise offering. Prospective franchisees should review the latest Franchise Disclosure Document (FDD) and consult directly with the franchisor for updated information.

2. Franchise Overview

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Overview

The company was founded on the principles of caring for others in a way that they would also want to be cared for which is made evident through their nationwide team of trained professionals who feel called to give care. Providing non-medical in-home healthcare in the privacy of a client's home or Assisted Living Facility, 24 hours a day, 7 days a week is why the clients can confidently rely on Assisting Hands Home Care even if they require overnight care. What do they care for? Aging, illness, or disabilities can put a person in an unexpected state of home care needs which often times can create an urgency for care. They are prepared and ready to step in to offer the care the client or they loved ones would want. Their certified, bonded, and insured caregivers have the compassion and skills necessary to help overcome the challenges the client may be facing.

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Management team / founders

One of the founders of Assisting Hands Home Care is Dr. Gail Silverstein, who has more than 25 years of experience coordinating and leading health care programs in both the public and private sector. It was Gail’s understanding of the health care industry, along with the personal experience of trying to find assistance for her father at home, that led her to realize there was a serious gap in services. She joined with Cline Waddell of Boise, Idaho to establish Assisting Hands Home Care. Together Gail and Cline launched Assisting Hands to provide a better alternative for the elderly, disabled and others needing a little extra support and assistance to stay home! Today, the Assisting Hands family of franchise owners serve their communities and care for others in locations spread throughout the United States.

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Focus of owner for daily business operations

As a Assisting Hands operator, the main facets of the business entail: 1. Establishing and building upon relationships with referral networks within the community; 2. Recruiting and hiring of competent homecare workers; 3. Supervising and ensuring homecare workers are trained.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
5%
6%
6%
Marketing Fee
0.5%
1.5%
2%
Franchise Fee
$55,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Initial Franchise Fee
$55,000
Lump sum
Security Deposits
$500
$4,000
As incurred
Insurance
$3,500
$7,000
As incurred
3-Months’ Lease Payments
$1,500
$6,000
As incurred
Leasehold Improvements
$0
$7,000
As incurred
Signage
$700
$3,000
As incurred
Furnishings
$1,500
$6,000
As incurred
Computer System and Scheduling Hardware and Software
$2,000
$4,500
As incurred
Business Licenses and Permits
$150
$500
As incurred
Licensing and Credentialing
$700
$10,000
As incurred
Initial Training Expenses
$2,000
$4,000
As incurred
Professional Fees
$2,000
$7,200
As incurred
Convention Fee
$200
As incurred
Recruiting Expense
$2,500
$6,000
As incurred
Advertising, Marketing and Promotion
$2,250
$6,000
As incurred
Additional Funds– 3 months
$20,000
$50,000
As incurred
TOTAL ESTIMATED INITIAL INVESTMENT
$94,500
$176,400
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
N/A
2021
142
151
+9
Franchised
2022
151
170
+19
N/A
2023
170
185
+15
N/A
2021
4
4
0
Company-Owned
2022
4
5
+1
N/A
2023
5
5
0
N/A
2021
146
155
+9
Total Outlets
2022
155
175
+20
N/A
2023
175
190
+15
Net Unit Growth (Recent year)
Net Unit Growth (Recent 3 years)
Franchise Health Metrics
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Assiting Hands Home Care
Industry median
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Franchisor company financial information, if disclosed by the franchisor.
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
0
% of Franchisees with Completed Litigation
0
Number of Bankruptcies Disclosed
0
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

Assisting Hands Home Care is one of the leading in-home care franchises, emphasizing exceptional customer service and personalized care, providing our franchisees with a proven and scalable business model, and a leadership team that is second to none in the industry.