Franchise Home Helpers Home Care

Franchise Fee: $48,900
Royalty: 6-3%
Total Investment: $96,350 – $139,250
Can Be Home Based: Yes
Founded: 1997
Franchised: 1997
VetFran Member: Yes

Service Areas: Florida, Texas, North and South Carolina, Georgia, Louisiana, Alabama, Arizona
Ownership Model: Owner/Operator, Semi-Absentee/GM or Absentee/ Investor, SBA Approved, Vet Fran Discount, Franchise Fees – under 70k, 3rd Party Financing, Franchises operating, total investment range. E2 Visa approved.

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Home Helper Home Care Form

Home Helpers® Home Care has been the industry leader in home care franchising for more than 23 years, and we are still expanding thanks to the success of our owners. Our specialized system, top-notch instruction and assistance, our knowledgeable leadership team, and the skills and zeal of the most driven business owners in the sector all contribute to our success.Our ability to outperform the home care sector for more than 23 years proves that we satisfy both customers and franchise owners. TWO BUSINESS MODELS IN ONE Home Helpers® Home Care is like family when family can’t be there. However, unlike models that restrict your potential for growth to companion care, our owners benefit from the strength of four unique revenue sources. You have access to recurring business through long-term, in-home personal care in addition to respite care and transitional care.Each franchise comes with Direct Link®, our in-house medical alert solution suite, which provides clients and their families with round-the-clock peace of mind through 24-hour technology and monitoring services for even more revenue potential.

What is EBITDA?

EBITDA is an acronym that stands for: “Earnings Before Interest, Taxes, Depreciation, and Amortization.” In many instances, EBITDA serves as a measure of profits and financial performance for a business. It is sometimes a good replacement for net income.

Breaking EBITDA Down

Now, to truly understand EBITDA, you have to break it down entirely. Thankfully, the acronym makes this pretty easy. Let’s take a look:

Earnings: Money earned by the company
Before: This one is self-explanatory
Taxes: The money paid to the government by a company based on its tax rate
Depreciation: Decreases in the value of a company’s capital assets
Amortization: The cost of an intangible asset, spread out over time

EBITDA is a Heavily Used Comparison Too
When it comes to comparing businesses in a specific industry, many financial experts use EBITDA. It’s a commonly used profitability metric that allows financial experts to determine profitability among companies.Using EBITDA has become common for measuring core profit trends. Why? Because of the way it eliminates extraneous factors. It’s also useful for finding more accurate comparisons between companies in similar industries.Additionally, EBITDA works well as a starting point to estimate cash flow. This allows business owners and experts to determine a company’s ability to pay off long-term debts.