Always Best Care
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With the senior population projected to double in the next 30 years, the demand for quality healthcare for seniors is increasing at an exponential rate. Since 1996, Always Best Care has helped families with non-medical in-home care and assisted living placement services. We’re now adding skilled home health care in select markets. With comprehensive training and ongoing support, Always Best Care has created a revenue model that remains stable throughout both difficult and strong economic times.
Between in-home care, assisted living placement, and skilled home health care, franchisees tap into three sectors of the healthcare industry that serve seniors in the community by providing trusted care, compassionate support and professional advice and have the same basic sources of business.
| |
Operating Units (in the U.S and its Territories) |
12/31/2008 |
12/31/2009 |
12/31/2010 |
|---|
| | Franchised |
24 |
58 |
124 |
| | % Change | -- |
141.7% |
113.8% |
| | Company-Owned |
1 |
1 |
0 |
| | % Change | -- |
0.0% |
-100.0% |
| | Total |
25 |
59 |
124 |
| | % Change | -- |
136.0% |
110.2% |
| | Franchised as % of Total |
96.0% |
98.3% |
100.0% |
Investment Required
The fee for an Always Best Care franchise is $39,500.
Always Best Care provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.
| |
Item |
Established Low Range |
Established High Range |
| |
Initial Franchise Fee |
$39,500 |
$39,500 |
| |
Expenses While Training |
$1,000 |
$1,000 |
| |
Rent (3 Months) |
$0 |
$200 |
| |
Office Furniture & Fixtures |
$1,000 |
$7,500 |
| |
Signage |
$0 |
$200 |
| |
Insurance Premium (1 Year) |
$3,000 |
$6,500 |
| |
Opening Costs |
$300 |
$1,500 |
| |
Advertising |
$1,500 |
$1,500 |
| |
Computer Equipment, Software and Printer |
$1,000 |
$5,000 |
| |
Permits/Licenses |
$125 |
$15,000 |
| |
Professional Fees |
$2,500 |
$5,000 |
| | Additional Funds (3 months) |
$1,000 |
$3,000 |
| |
Total Initial Investment |
$50,925 |
$90,700 |
Ongoing Expenses
Always Best Care franchisees pay ongoing royalty fees equal to 6% of gross monthly sales plus an advertising fund contribution equal to 2% of gross monthly sales. Additional expenses include local advertising expenditures and training for additional and new employees.
What You Get—Training and Support
Always Best Care’s training program includes 40 hours of classroom training and 30 hours of on-the-job training. From day-to-day operations to sales and marketing, Always Best Care’s comprehensive training program equips a franchisee from any professional background to run a successful Always Best Care franchise.
In addition, there is an experienced Area Representative assigned to each franchisee to provide local support.
Territory
Always Best Care grants exclusive territories.
Note: The tables and information regarding the number of operating units, investment required, on-going expenses, training and territory grants were taken from the company’s 2011 FDD. The 2011 write-ups will be incorporated into the 2012 Edition of Bond’s Top 100 Franchises publication.
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