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Senior Care Franchise Review

Senior Care Franchise Opportunity - Senior Care Franchise Business for Sale

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Senior Cares

Spectrum Home Services

Spectrum Home ServicesSpectrum Home Services is the most unique senior care company in the industry. Our business is about caring, but it is also about providing the necessary services seniors need to stay in their home. No other non-medical in home care franchise can come close to the full spectrum of services we provide. Other companies provide only companionship, meal preparation and very limited, if any, home services. Unfortunately, if the client cannot maintain a clean and safe home all of the companionship services in the world will not prevent them from nursing home placement.By providing a complete package of non-medical senior and home care services Spectrum Home Services has filled a niche historically ignored by non-medical home care, home health agencies and larger health-care institutions. This lack of attention and slow reaction to a changing business climate gives Spectrum Home Services an edge in the senior care market that is expanding rapidly as baby boomers near retirement. Spectrum Home Services is a fast growing company on the cusp of a national trend. We are offering qualified individuals the opportunity to own their own business while doing something they can feel good about. We invite you to learn more about our unique franchise opportunity and how you can make a difference in the lives of seniors by offering the services they really need to stay in their homes.

BACKGROUND

Established: 2000
First Franchised: 2004
Franchised Units: 36
Company Owned Units: 0
Projected New Units (12 Months): 30 -35
Registered: In All States, except North Dakota, and dark in Virginia

FINANCIAL/TERMS

Cash Investment: $50k
Total Investment: $70k - $125k
Minimum Net Worth: $200k
Franchise Fee: $36K = Single, $30K = Additional territories, $175K = Area Development
Royalty: 6%
Ad : Not currently
Average Number of Employees: 3 - 5 to start
Passive Ownership: No

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