
Website: www.nursenextdoorfranchise.com
Franchise Fee: $72,000
Royalties: 5%
Cash Investment: $150,000
Total Investment: $120,000 - $180,000
Net Worth: $125,000
VetFran: Yes
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: No
Why the Home Care industry should be considered:
With 10,000 people turning 65 every day, the private-duty home care market is poised for dramatic growth for decades to come.
Private-duty home care offers a recession resilient business opportunity in uncertain economic times.
Low capital requirements and home based.
WHY Nurse Next Door?
A 24/7/365 centralized Care Services Center manages all scheduling and logistics for all
franchisees - the most demanding aspect of the senior care industry is that it’s 24/7. This
support allows you not to be tied to your desk or phone. You can concentrate on what’s
important - growing your business!
The Brand - In a space as competitive as private-duty home care, you need a brand that
turns heads. The brand is much more than bold pink, but that alone will help you stand out
from the crowd.
Happier Aging - - Nurse Next Door’s philosophy of care. It’s more than the task, it’s about
delivering a WOW client experience. This allows you to be a premium brand in your local
market - attracting more clients and quality staff as well.
Skilled Care - Nurse Next Door offers all components of care, from companionship right up to
skilled nursing. This allows you to be the one-stop-shop for home care, expanding your reach
of clients in the community. It's also a major asset as you build relationships in your local
hospitals and rehab centres.
Enjoy Protected Territory - Based on ZIP, each Nurse Next Door territory is protected for you
to establish a robust business, while working with neighboring Franchise Partners and learning
from each other.
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All
NOT available: None
Available in Canada: No
International Referrals: No
BACKGROUND
Established: 2001
First Unit Franchised: 2006
Franchised Units: 294 Total / 90 Canada / 130 USA / 73 Australia / 1 England
Franchised Units Sold But Not Open: 78 Total / 7 Canada / 67 USA / 3 Australia / 1 England
Company Owned Units: 1
Average Number of Employees: 5 Full Time
Absentee Ownership available: No
Home Based: Yes when allowed by State
B2B: No
Master Franchise Opportunities: No
FINANCIAL DETAILS
Franchise Fee: $72,000
Providing earnings guidance in Item 19 in FDD: Yes
Total Investment: $120,000-$180,000
Liquidity (cash, stocks, bonds) requirement: $50,000
Minimum Net Worth: $250,000
Royalty: 5%
Additional fees: 7% Care Service Center (at 40K in monthly revenue, Franchisees have the
option to ‘unbundle’ from the 7% Call Center and build it out themselves)
Financial Assistance Provided: No
VetFran program: Yes, Franchise Fee $62,000 ($10,000 discount)
Frontline to Franchisee Program - Franchise Fee $62,000 ($10,000 discount)
SUPPORT & TRAINING PROVIDED:
Training and support program details:
Our training is comprehensive and ongoing. It starts with our eight-week Franchise Opener program and continues past launch day with regular calls from your Business Coach and other Franchise Partners.The Franchise Opener is a comprehensive checklist of tasks we will help you through as we count down to your business launch. Items include: setting up your online marketing, hiring, licensing and so much more. The tasks will be broken down week by week and you will work with our different teams to check things off your list one by one. We want you to hit the ground running come launch day!
Our goal during training week is not to turn our new franchise partners into nurses. Our franchise partners can hire those.
Year founded: 2001
Year Franchised: 2006
Home Based: Yes
| Franchise Fee: | $72,000 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | Yes |
| Total Investment Range: |
Single Unit: $120,000 - $180,000 |
| Net Worth Requirement: | $125,000 |
| Royalty: | 5% |
| VetFran Program: | Yes |
There are currently no resales listed for this franchise.