VIEW RANKINGS FOR BEST COMPANIES BY PRACTICE AREA:
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Our Selection Process For
Best Healthcare & Senior Care Franchises
Best Healthcare & Senior Care Franchises
Our Selection Process For
Best Healthcare & Senior Care Franchises
Best Healthcare & Senior Care Franchises
Best
Top 10 Healthcare & Senior Care Franchises
|
Rank |
Company Name |
Industry |
Franchising |
Franchise |
Cash |
Total |
Royalty |
Financing |
Growth Prospect 
|
Marketing Support
|
Training
|
Ongoing Support
|
Value
|
Overall Score 0100GVGE |
Change in Rank |
Key Facts For Miracle Ear, Inc
-
- Franchising Since:
- 1948
-
- Franchise Units:
- 1,216
-
- Cash Investment:
- $25,000
-
- Total Investments:
- $119,000 - $287,500
-
- Royalty Fee Rate:
- $48.80/aid
-
- Financing Available:
- 1
-
- Website:
- www.miracle-ear.com
Positive0%
Negative0%
Neutral0%
Key Facts For Griswold Home Care
-
- Franchising Since:
- 1982
-
- Franchise Units:
- 248
-
- Cash Investment:
- $75,000
-
- Total Investments:
- $94,000 - $116,000
-
- Royalty Fee Rate:
- 3.5-4.5%
-
- Financing Available:
- 1
-
- Website:
- www.griswoldhomecare.com
Key Facts For Executive Care
-
- Franchising Since:
- 2004
-
- Franchise Units:
- 5
-
- Cash Investment:
- $100,000
-
- Total Investments:
- $104,796 - $172,100
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- 1
-
- Website:
- www.executivecarehomehealth.com
Positive0%
Negative0%
Neutral0%
Key Facts For Diet Clinic Health Care P...
-
- Franchising Since:
- 2012
-
- Franchise Units:
- 5
-
- Cash Investment:
- $10K
-
- Total Investments:
- $15K
-
- Royalty Fee Rate:
- 10%
-
- Financing Available:
- 1
-
- Website:
- www.dietclinic.in
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Negative0%
Neutral0%
Key Facts For BrightStar Care, Inc
-
- Franchising Since:
- 2002
-
- Franchise Units:
- 264
-
- Cash Investment:
- $48K
-
- Total Investments:
- $93.3 - 172.5K
-
- Royalty Fee Rate:
- 5-6%
-
- Financing Available:
- 1
-
- Website:
- www.brightstarcare.com
Key Facts For Stay at Home
-
- Franchising Since:
- 2007
-
- Franchise Units:
- 11
-
- Cash Investment:
- $45,900
-
- Total Investments:
- $65,900 - $88,900
-
- Royalty Fee Rate:
- 5%
-
- Financing Available:
- 1
-
- Website:
- stayhomeweb.com
Positive0%
Negative0%
Neutral0%
Key Facts For Age Advantage Home Care
-
- Franchising Since:
- 1998
-
- Franchise Units:
- 6
-
- Cash Investment:
- $39.9K
-
- Total Investments:
- $63.8 - 110.5K
-
- Royalty Fee Rate:
- $50K
-
- Financing Available:
- 1
-
- Website:
- www.ageadvantage.com
Positive0%
Negative0%
Neutral0%
Key Facts For Assisting Hands Home Care
-
- Franchising Since:
- 2006
-
- Franchise Units:
- 75
-
- Cash Investment:
- $35-90K
-
- Total Investments:
- $65.6 - 135K
-
- Royalty Fee Rate:
- 5-4%
-
- Financing Available:
- 1
-
- Website:
- www.assistinghands.com
Key Facts For Oasis Senior Advisors
-
- Franchising Since:
- 2013
-
- Franchise Units:
- 43
-
- Cash Investment:
- $80,000
-
- Total Investments:
- $58.5 - 93K
-
- Royalty Fee Rate:
- 10%
-
- Financing Available:
- 1
-
- Website:
- www.oasissenioradvisors.com
Positive0%
Negative0%
Neutral0%
Key Facts For Caring Transitions
-
- Franchising Since:
- 2006
-
- Franchise Units:
- 165
-
- Cash Investment:
- $34,799 - $63,479
-
- Total Investments:
- $52,850 - $81,530
-
- Royalty Fee Rate:
- 5%+
-
- Financing Available:
- 1
-
- Website:
- www.caringtransitions.net
Evaluation Criteria: Best Healthcare & Senior Care Franchises
Growth Prospect
Entrepreneurs looking to start a healthcare-centric business or a business relating to senior care will most likely look for franchises which offer long-term growth and expansion. We believe it is important for entrepreneurs to feel comfortable with the franchise they are selecting. As a result, we focus on looking at the historical performance of franchises in order to determine their overall prospective growth.
Marketing Support
Another aspect of our evaluation process focuses on the amount of marketing and advertising support which franchises offer to their franchised businesses to help them target those which would be seeking healthcare services or senior care services. It is important to have a targeted and tracked advertising strategy in order to ensure that the target audience is being found and the message is being relayed effectively.
Training
Healthcare services of all types require properly trained, educated, and certified professionals in order to meet local, state, and federal laws and regulations. During our analysis, we investigate how different healthcare services connect with those looking for employment in such fields with the proper credentials. In addition, we investigate the training resources provided to professionals to better assist them.
Ongoing Support
Another aspect of our analysis involves a look at how much support and communication the franchises have with their franchisees in order to ensure that their best practices are being followed. Healthcare services often have a number of requirements which must be met for public health and safety. We investigate how much effort is placed in ensuring franchised businesses are operating with those regulations.
Value
The concept of value can be approached in a number of different ways. During our analysis, we take value as a way of determining how those looking for healthcare services will view the brand and the reputation of the business overall. It is important for the franchise to be established within their industry in order to gain the trust of those which would be looking for services applicable to their needs in health and care.
