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Homecare Advocacy Network

HomeCare Advocacy Network (HCAN) addresses the growing demand for senior home care with a compassionate, relationship-driven approach, inviting purpose-driven entrepreneurs to provide exceptional support to seniors and caregivers, supported by strategic territory selection, comprehensive training, and ongoing operational assistance.

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Homecare Advocacy Network Franchise Cost and Requirements for 2024

Background

As you may know, the concept of "home" holds profound significance, especially for aging baby boomers who desire autonomy and choice in their aging journey. With healthcare consumerism on the rise and a growing preference for care at home over group settings, the demand for home care services has never been higher.

HomeCare Advocacy Network stands out in this thriving market as a beacon of compassionate care and unwavering support for seniors and their families. Established in 2020, with 44 locations anticipated by the end of 2023, HCAN is poised for exponential growth.

What sets HomeCare Advocacy Network apart is our commitment to delivering relationship-driven care that empowers seniors to age with dignity and grace in the comfort of their own homes. Our franchise model offers sought-after markets and the opportunity for local owners like yourself to make a meaningful impact in your community.

The value proposition of an HCAN franchise is unparalleled. With a projected global home care market expected to reach $554 billion by 2028, there has never been a better time to invest in this lucrative industry. Our comprehensive range of services, including personal care, meals & nutrition, memory care, and hospice support, ensures that franchisees can meet the diverse needs of their clients while enjoying the efficiencies of providing care at home.

Moreover, our proven track record of success, coupled with ongoing operational support and training, ensures that franchisees have the tools and resources they need to thrive in this competitive landscape. As a franchise partner, you'll have the opportunity to build a profitable business while making a positive difference in the lives of seniors and their families.

Company Details

Established: 2020
First Unit Franchised: 2020
Franchised Units: 10
Company Owned Units: 0
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: No
International Franchises: No

Support and Training Offered By Homecare Advocacy Network

Financial Assistance Provided: No
Site Selection Assistance: Yes
Specify: National agreement with a real estate placement service
Lease Negotiation Assistance: Yes
Specify: Internal resources with this expertise
Recruiting Assistance: Yes
Specify: Care Giver Recruitment Assistance
Cooperative Advertising: Yes
Specify: Allocation for local and national advertising
Training:
All new franchisees receive 80 hours of training with our leaders. This includes 40 hours at our Omaha, Nebraska office, followed by an additional 40 hours of on-site support. Initial training covers:

Personnel
Customer Relations
Management
Daily Operating Procedures
Marketing
Financial Reporting
Intranet and POS Usage

Going Beyond the Basics

Beyond the practical knowledge you need to start a successful business, our team pursues your genuine success by teaching you how to:

Build a culture of care that attracts caregivers who share your values
Intentionally hire for excellent care and low caregiver turnover
Keep your funnel full for both new caregivers and clients turnover

Craft a reputation in your community that is second to none

Understand licensure and regulations and adapt to changing laws

2024 Franchise Requirements Needed to Own a Homecare Advocacy Network Franchise.

What does a Homecare Advocacy Network Franchise Cost?

Homecare Advocacy Network franchise fees for 2024:

Cash Investment: $144,650 - $186,500
Total Investment: $144,650 - $186,500
Minimum Net Worth: $250,000
Single Unit Franchise Fee: $49,700
Franchise Fee for each additional unit: $10,000
Royalty: 7%
Ad: $750/mo - Marketing & Development Services
Other Fees: NA
Average Number of Employees: 3
Item 19: Yes
Visa Candidates: No
Passive Ownership: Yes
Semi-Passive Ownership: Yes
Specify: Franchisee will need to have a fully train operating principal/ general manager a full time scheduler and maintaining a minimum two full time employee.
Home-Based: No
B2B: Yes
Master Franchise Opportunities: Yes
Veteran Discount: Yes (10%)

Is Homecare Advocacy Network a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Homecare Advocacy Network is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Homecare Advocacy Network a Home Based franchise?

No. Homecare Advocacy Network is not a home based franchise opportunity.

What Do Homecare Advocacy Network Franchise Owners Make?

Click here to find out how much Homecare Advocacy Network franchisees make. Homecare Advocacy Network offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Homecare Advocacy Network a Master Franchise Opportunity?

Yes. Homecare Advocacy Network is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Homecare Advocacy Network Offer a Veteran Discount?

Yes. Homecare Advocacy Network franchise does offer a veteran discount.

Does Homecare Advocacy Network Work with E2 Visa and EB-5 Visa Candidates?

Yes. Homecare Advocacy Network franchise does work with E2 Visa and EB-5 Visa candidates.

Is Homecare Advocacy Network Looking for Franchisees in Canada?

No. Homecare Advocacy Network franchise is not looking for Canada franchisees.

Is Homecare Advocacy Network Looking for International franchisees?

No. Homecare Advocacy Network franchise is not looking for International franchisees.

Where can I see Homecare Advocacy Network's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Recently Added Franchises, Senior Care, Non Food Franchises

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

Yes

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Homecare Advocacy Network Franchises for Sale

Click Here to inquire about existing Homecare Advocacy Network franchises for sale. We may have Homecare Advocacy Network franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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Well Groomed Pets, Tortilla Town, United Slice, Sip Fresh, Atlantic Poke, Zerorez, FRSTeam, Pinspiration, Puddle Pool Services, Fuel Fortress, ohDEER, Trua Senior Living Locators, iTAN, Degree Wellness, Kilwins Chocolates

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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