Boost Home Healthcare
Home healthcare- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$155K - $310K
- Units as of 2023
-
6
Company Overview
About Boost Home Healthcare
| Industry | Personal-Care Businesses |
|---|---|
| Related Categories | Senior Care,Miscellaneous Health Services,Health & Wellness |
| Founded | 2021 |
| Parent Company | Best Life Brands |
| Leadership | J.J. Sorenti, CEO |
| Corporate Address | 900 Wilshire Dr., #102 Troy, MI 48084 |
| Social | Facebook,LinkedIn |
More from Boost Home Healthcare
An elevated approach to home healthcare.
When clients want compassion, quality and the comfort of home during recovery, Boost Home Healthcare delivers on all fronts. Our company is built on the strong foundation and trusted reputation of Best Life Brands. Our team meets rigorous training and medical guidelines to provide better than hospital-level care at home. And our nurse-inspired approach delivers exactly what clients need to boost their recoveries.
Are you ready to follow your entrepreneurial dream and grow a successful business of your own? Join the team.
The need for quality home care is on the rise.
The demand for clinical home healthcare is increasing. That means there's no better time to join this growing space. An investment in your Boost Home Healthcare franchise provides a promising future with unparalleled opportunities for growth and expansion.
- Home health is part of the senior care industry, a healthy, competitive market generating $300 billion/year.
- In 1998, the gross output in home health was approximately $36 billion. In 2018, it was nearly $87 billion.
- Freestanding home health agencies had an aggregate profit margin of 15% in 2017.
- Profit margins of for-profit agencies checked in at 16%. Nonprofit agencies saw margins of 11%.
- With continuous growth in recent years, now is the time to invest.
Boost your life and prosperity with our franchise opportunities.
You don't need extensive healthcare experience or a ten-page resume. You just need a passion for your community and an entrepreneurial spirit. Traditionally, the most successful Boost franchise owners are those who love what they do, enjoy helping others and make use of our robust training programs.
You're not on your own when you take the step to franchising. Our five-part journey ensures you're supported and positioned for success every step of the way. It includes:
- Learning More on Informative Calls and Webinar
- Submitting Your Application & Review Disclosure Document
- Meeting the Team Virtually at Confirmation Day
- Signing the Franchise Agreement
- Becoming an Official Boost Home Healthcare Franchisee
Why businessowners love being part of the Best Life Brands family
High-Quality Care
We understand the nuances surrounding the home health industry, and we go above and beyond to ensure our patients receive the compassionate care they deserve.
Strong Culture
We focus on our core values to ensure we meet needs along the entire continuum of home care.
Knowledgeable & Caring Support System
通过提供持续的培训、教育,resources and support, we cultivate a kind and experienced team that offers excellent home-based healthcare.
Business Overview
| Franchising Since | 2021(2 years) |
|---|---|
| # of employees at HQ | 37 |
| Where seeking | This company is offering new franchisees in the following US states: Alabama, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming |
| # of Units | 6(as of 2023) |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Boost Home Healthcare franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
| Initial Franchise Fee
|
$60,000 |
|---|---|
| Initial Investment
|
$155,100 - $310,250 |
| Net Worth Requirement
|
$500,000 |
| Cash Requirement
|
$60,000 |
| Veteran Incentives
|
20% off franchise fee |
| Royalty Fee
|
6-10%/12.5% |
| Ad Royalty Fee
|
2% |
| Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Boost Home Healthcare has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 32-40 hours |
|---|---|
| Classroom Training | 58 hours |
| Ongoing Support |
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
| Can this franchise be run from home/mobile unit?
|
Yes |
| Can this franchise be run part time?
|
No |
| Are exclusive territories available?
|
No |
Additional Rankings
Curious to know where Boost Home Healthcare ranked on other franchise lists? Find out below.
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