A Place At Home Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

A Place At Home Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

Some franchises give you the opportunity to help your community. A Place At Home franchise is one of these: it’s a senior-focused care service provider. 

The company provides several services: care coordination, personal care, staffing solutions to senior care communities, medication administration services, and assistance services to seniors (for example, when they need to find their next accommodation). 

A Place At Home is also a franchise, so you can start providing these services to your community while exploiting a well-known brandname like A Place At Home.

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Of course, before launching a new franchise business, you need to know as much as you can about it. In this article, we’re discussing anything you need to know about the A Place At Home franchise.

A Place At Home Franchise Wiki

As we’ve mentioned, A Place At Home is a service provider aimed at seniors’ needs. The company can provide a range of different services, all aimed at improving the life of a community’s seniors. 

With the A Place At Home franchise, franchisees have the opportunity to build a network of caregivers ready to answer to the needs of their community.

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If you are a caregiver but don’t know how to run a business or how to manage a network of caregivers, you can still apply for this franchise because the main company provides tons of support to their franchisees, helping them understand how to manage a network of resources and grow as a business.

A Place At Home was founded in 2012. The founders of the company experienced in first person how difficult it is for families to assist seniors in today’s frenetic world. From this need, they founded the A Place At Home unit. 

With their franchise program, they were able to help the company grow and reach other communities in the United States. Today, A Place At Home is a wide network of caregivers capable of providing all kinds of services to help seniors in all the different aspects of their life.

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A Place At Home Franchise Benefits

A Place At Home Franchise provides a franchise fee discount for franchisees that already have experience in the field of senior care or assistance. There are reduced fees also for veterans.

A Place At Home Franchise Financial Assistance

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The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

A Place At Home Franchise Cost/ Investment / Price

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When you start a new A Place at Home unit, you need to invest in a small location, equipment, supply, and, above all, in building your network of caregivers (meaning that you’ll need to hire some people).

Because it is a franchise, you need to add the franchise fee to the initial investment, which amounts to $34,500. Summing everything up, you can estimate an initial investment of $59,000 or more (up to $150,000).

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As it often happens, the initial franchise fee isn’t the only required fee (but it’s the only one you need to pay at the beginning of your collaboration). There is also a 5,5% royalty fee and a 1% advertising royalty fee. Both the royalty fees are calculated on your gross revenue.

A Place At Home Franchise Requirements

This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.

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A Place At Home: Terms Of Agreements And Renewal

The information about the length of the initial franchise contract with the A Place At home franchise is not public. This usually happens when details are not standard but can be customized for each specific case.

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Make sure to require information about it when you apply for the franchise program, and also check how much it is the renewal fee. It is the fee you need to pay at the end of the contract to keep owning the franchise and extend the franchise contract.

A Place At Home Franchise: Obligations & Restrictions

There is no public information about A Place At Home’s obligations and restrictions for their franchisees.

Because their ethics are strong, you can expect a lot of restrictions concerning ethics and quality standards, so make sure to carefully read the franchise contract and absorb as much as you can during the training.

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A Place At Home Franchise Profit

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

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How to Apply For A Place At Home Franchise 

To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

A Place At Home Franchise Contact details

Website

A Place At Home Franchise FAQ

Is A Place At Home A Franchise Or A Chain?

A Place At Home is a franchise, meaning that you can become the owner of a new A Place At Home business.

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Who Is The Owner Of A Place At Home?

Dustin Distefano and Jerod Evanich, the founders of the company, are still its owners.

How Many A Place At Home Units Are There?

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Because A Place At Home is a young company, there are only 2 franchised units at the moment.

Is A Place At Home A Good Investment?

The A Place At Home franchise is a good investment in both financial and ethical terms. It’s, after all, an investment in your community. You can help it become a place where seniors no longer have difficulties doing their activities and where they can receive professional help when they need it.

Is A Place At Home Worth It?

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The A Place At Home franchise is totally worth it, even if it is a big investment. As we’ve mentioned, it’s an investment for yourself and for your community. The profit you earn isn’t only in terms of money but also in terms of social improvement within your community.

Is it profitable or not?

Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

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Is a Franchise?

Yes, a franchise.

What is The Difference Between Franchisor vs. Franchisee

Click Here to know about it.

What Is The Difference Between Franchise Vs. Sole Proprietorship

Click Here to know about it.

Conclusion

A Place At Home gives you the opportunity to launch a franchise business that can be a resource for your community. Because of the world, we’re living in, the demand for this type of service is high, meaning that there are great chances of success for a business like this.

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.

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