Start-Up Costs and Fees |
||
| Grandma's Loving Hands | Sarah Adult Day Services | |
| Investment | 50000 - 75000 | 261000 - 280000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 10% |
| Advertising Fee | 1% +$40/ month | |
| Year Founded | 1998 | 1985 |
| Year Franchised | 2004 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Grandma's Loving Hands | Sarah Adult Day Services | |
| Experience | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. | |
Financing Options |
||
| Grandma's Loving Hands | Sarah Adult Day Services | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Grandma's Loving Hands | Sarah Adult Day Services | |
| Training | ||
| Support | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations | |
| Marketing | Ad slicks, National media | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Grandma's Loving Hands | Sarah Adult Day Services | |
| US Expansion | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| Franchise Fee | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| Royalty Fee | |
| Grandma's Loving Hands | 6% |
| Sarah Adult Day Services | 10% |
| Advertising Fee | |
| Grandma's Loving Hands | 1% +$40/ month |
| Sarah Adult Day Services | |
| Year Founded | |
| Grandma's Loving Hands | 1998 |
| Sarah Adult Day Services | 1985 |
| Year Franchised | |
| Grandma's Loving Hands | 2004 |
| Sarah Adult Day Services | 2000 |
| Term Of Agreement | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | 10 years |
| Renewal Fee | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
Business Experience Requirements |
|
| Experience | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. |
Financing Options |
|
| Franchise Fees | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| Start-up Costs | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| Equipment | |
| Grandma's Loving Hands} | |
| Sarah Adult Day Services | |
| Inventory | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| Receivables | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| Payroll | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
Training & Support |
|
| Training | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| Support | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations |
| Marketing | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | Ad slicks, National media |
| Operations | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas |
| Canada Expansion | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |
| International Expansion | |
| Grandma's Loving Hands | |
| Sarah Adult Day Services | |