Initial Inventory
connect-item
connect-item
Before Beginning Operations

1Heart Caregiver Services

1. Franchise Snapshot

Why this franchise?
  • This is some text inside of a div block.
  • This is some text inside of a div block.
  • This is some text inside of a div block.
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?
connect-item
Prior Visa Franchise Clients?
connect-item
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.

Users - Elements Webflow Library - BRIX Templates
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.

Password - Elements Webflow Library - BRIX Templates
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
Franchise Fee
$6,924
$10,000
At Signing of Franchise Agreement
Operating Software
$6,924
$10,000
As Incurred
Real Estate/Rent
$6,924
$10,000
Before Beginning Operations
Real Estate/Rent
$6,924
$10,000
Before Beginning Operations
Leasehold Improvements
$6,924
$10,000
Before Beginning Operations
Insurance
$6,924
$10,000
Before Beginning Operations
Office Supplies
$6,924
$10,000
During Training
Training
$6,924
$10,000
Before Beginning Operations
Signage
$6,924
$6,924
Before Beginning Operations
Furniture, Fixtures & Office Equipment
$6,924
$10,000
Before Beginning Operations
Computer Equipment Services & Software
$6,924
$10,000
Before Beginning Operations
Dues & Subscriptions
$6,924
$10,000
Before Beginning Operations
Licenses & Permits1
$6,924
$10,000
As Incurred
Legal & Accounting
$6,924
$10,000
Additional Funds – 3 months of Operations
$6,924
$10,000
TOTAL
$6,924
$10,000
$6,924
$10,000
$6,924
$10,000
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
2022
+3
10
13
Franchised
2023
13
13
+6
2024
13
27
+6
2022
3
3
+6
Company-owned
2023
3
3
0
2024
3
3
0
2022
13
16
+3
2023
16
26
+10
2024
24
30
+6
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
0
0
0
0
0
0
0
0
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
0%
10 Year Cumulative Defaults
0%
3 Year Predicted Default Rate
0%
*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
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

*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.