Start-Up Costs and Fees |
||
| Sarah Adult Day Services | Grandma's Loving Hands | |
| Investment | 261000 - 280000 | 50000 - 75000 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 6% |
| Advertising Fee | 1% +$40/ month | |
| Year Founded | 1985 | 1998 |
| Year Franchised | 2000 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sarah Adult Day Services | Grandma's Loving Hands | |
| 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 |
||
| Sarah Adult Day Services | Grandma's Loving Hands | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sarah Adult Day Services | Grandma's Loving Hands | |
| 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 |
||
| Sarah Adult Day Services | Grandma's Loving Hands | |
| US Expansion | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
| Franchise Fee | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
| Royalty Fee | |
| Sarah Adult Day Services | 10% |
| Grandma's Loving Hands | 6% |
| Advertising Fee | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | 1% +$40/ month |
| Year Founded | |
| Sarah Adult Day Services | 1985 |
| Grandma's Loving Hands | 1998 |
| Year Franchised | |
| Sarah Adult Day Services | 2000 |
| Grandma's Loving Hands | 2004 |
| Term Of Agreement | |
| Sarah Adult Day Services | 10 years |
| Grandma's Loving Hands | |
| Renewal Fee | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
Business Experience Requirements |
|
| Experience | |
| 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. |
| Grandma's Loving Hands | |
Financing Options |
|
| Franchise Fees | |
| Sarah Adult Day Services | No |
| Grandma's Loving Hands | No |
| Start-up Costs | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
| Equipment | |
| Sarah Adult Day Services} | |
| Grandma's Loving Hands | |
| Inventory | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
| Receivables | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
| Payroll | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
Training & Support |
|
| Training | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
| Support | |
| Sarah Adult Day Services | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations |
| Grandma's Loving Hands | |
| Marketing | |
| Sarah Adult Day Services | Ad slicks, National media |
| Grandma's Loving Hands | |
| Operations | |
| 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) |
| Grandma's Loving Hands | |
Expansion Plans |
|
| US Expansion | |
| Sarah Adult Day Services | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas |
| Grandma's Loving Hands | |
| Canada Expansion | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |
| International Expansion | |
| Sarah Adult Day Services | |
| Grandma's Loving Hands | |