Start-Up Costs and Fees |
||
| Sarah Adult Day Services | Touching Hearts | |
| Investment | 261000 - 280000 | 48900 - 75600 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 3%-5% |
| Advertising Fee | ||
| Year Founded | 1985 | 1996 |
| Year Franchised | 2000 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sarah Adult Day Services | Touching Hearts | |
| 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 | Touching Hearts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sarah Adult Day Services | Touching Hearts | |
| Training | Classroom Training: 32 hours | |
| Support | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | Ad slicks, National media | Ad Templates Social media SEO Website development |
| 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 | Touching Hearts | |
| US Expansion | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sarah Adult Day Services | |
| Touching Hearts | |
| Franchise Fee | |
| Sarah Adult Day Services | |
| Touching Hearts | |
| Royalty Fee | |
| Sarah Adult Day Services | 10% |
| Touching Hearts | 3%-5% |
| Advertising Fee | |
| Sarah Adult Day Services | |
| Touching Hearts | |
| Year Founded | |
| Sarah Adult Day Services | 1985 |
| Touching Hearts | 1996 |
| Year Franchised | |
| Sarah Adult Day Services | 2000 |
| Touching Hearts | 2007 |
| Term Of Agreement | |
| Sarah Adult Day Services | 10 years |
| Touching Hearts | |
| Renewal Fee | |
| Sarah Adult Day Services | |
| Touching Hearts | |
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. |
| Touching Hearts | |
Financing Options |
|
| Franchise Fees | |
| Sarah Adult Day Services | No |
| Touching Hearts | No |
| Start-up Costs | |
| Sarah Adult Day Services | |
| Touching Hearts | |
| Equipment | |
| Sarah Adult Day Services} | |
| Touching Hearts | |
| Inventory | |
| Sarah Adult Day Services | |
| Touching Hearts | |
| Receivables | |
| Sarah Adult Day Services | |
| Touching Hearts | |
| Payroll | |
| Sarah Adult Day Services | |
| Touching Hearts | |
Training & Support |
|
| Training | |
| Sarah Adult Day Services | |
| Touching Hearts | Classroom Training: 32 hours |
| Support | |
| Sarah Adult Day Services | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations |
| Touching Hearts | Newsletter Meetings/Conventions Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | |
| Sarah Adult Day Services | Ad slicks, National media |
| Touching Hearts | Ad Templates Social media SEO Website development |
| 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) |
| Touching Hearts | |
Expansion Plans |
|
| US Expansion | |
| Sarah Adult Day Services | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas |
| Touching Hearts | |
| Canada Expansion | |
| Sarah Adult Day Services | |
| Touching Hearts | 0 |
| International Expansion | |
| Sarah Adult Day Services | |
| Touching Hearts | |