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1Heart Caregiver Services

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Healthcare
Category
Home & Senior Care
Investment Range
$97,625 - $144,510
Total US Locations
30
Franchise Units
27
Founding Year
2014
Started Offering Franchises
2014
Management Capacity
Owner Operator
Job Count
5-10
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
5%
Marketing Fee
2%
Franchise Fee
$55,000
Headquarters (City, State)
Tarzana, CA
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
N/A
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.

2. Franchise Overview

Reports - Elements Webflow Library - BRIX Templates
Overview

1Heart Caregiver Services is a non-medical home care company specializing in senior caregiving services. They are a national franchise of non-medical home care specializing in caregiving services to the elderly and other adults who require some assistance in meeting their healthcare needs. Services include: elderly companionship, homecare, In-home care, Alzheimer and dementia care, care express, custom care, and round the clock care.

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Management team / founders

1Heart Caregiver Services was founded by Belina Calderon-Nernberg. Growing up in a country where culture dictates that children are expected to take care of their parents when they’re older, Belina knew that this was her duty and responsibility. Their team is comprised of Staffing and Client Care Managers who will work closely with the client starting with the initial Assessment, making the Plan of Care and carefully selecting the perfect caregivers to suit the needs, interests and preferences of their loved one.

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Focus of owner for daily business operations

As a 1Heart Caregiver Services 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
Franchise Fee
$55,000
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
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
Franchised
Total Outlets
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
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
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*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

*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.