LifeSpring In-Home Care Network Franchise Analysis

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LifeSpring In-Home Care Network is graded based on our most recent FDD research!

Franchise Opportunity Facts

How much does a LifeSpring In-Home Care Network franchised business cost to open?

LifeSpring In-Home Care Network has an initial franchise fee of up to $45,000, with a overall initial investment range of $182,400 to $309,200.

  • Initial Franchise Fee: $45,000
  • Total Investment: $182,400 to $309,200
  • Working Capital: $100,000 to $180,000
  • Royalty Fee: 6.0%

The initial cost of any franchised business includes multiple fees. Explore this franchise opportunity to better understand the initial costs required to own a LifeSpring In-Home Care Network, such as territory fees, leasehold improvement costs, pre-opening marketing, and furniture and fixtures purchases. As a reminder, franchisors are required to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable to you or not. The franchise system must disclose what conditions any of the initial fees are refundable. A franchise must also provide details of a range of fees if its upfront fees are not uniform within the system. A careful review of the Item 5 upfront fees will give you the answers needed to make a buying decision a LifeSpring In-Home Care Network.

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How much does a LifeSpring In-Home Care Network franchise owner make?

As with any new business, there should be a strong ROI and profit potential. The specific franchisee's income and the profits from a LifeSpring In-Home Care Network business will depend on many factors. One way to check on the potential revenues or profits earned from a LifeSpring In-Home Care Network franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we research and study will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as overall systemwide sales. This type of financial disclosure is not always helpful to determine profits for you directly. So review systemwide sales data with caution. As a general rule, typically earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher profits you should expect to see

For additional information and franchise specific on the profits of a LifeSpring In-Home Care Network franchised business, unlock this franchise opportunity

How many franchise locations do they have?

As of the 2017 Franchise Disclosure Document, there are 6 franchised LifeSpring In-Home Care Network locations throughout the USA.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any LifeSpring In-Home Care Network franchises in my city?

Based on 2017 FDD information, LifeSpring In-Home Care Network has franchised locations in 6 states.

CA
CO
CT
FL
PA
TX

Based on our research this franchise is expanding into new regions and might be available near you. While planning your franchise purchase, you always need to be considering what is a good location for my business. Anlayze the potential customer base to confirm that your city has a need or want for this brand.

One of our franchise advisors will have detailed knowledge about this brand. Unlock to learn more and connect with our researchers.

Last Reviewed: 2017

Sector: Personal Services

Category: Home Care

LifeSpring In-Home Care Network Franchise DATA

Total Investment
$182,400 - $309,200
Franchise Fee
$45,000
Franchise agreement
Initial Term
10 Years
Renewal Term
10 Years
Franchise outlet growth
2013
3
2016
6
Ongoing fees
Royalty
6.0%
ad fees
0.0%
# of franchised outlets
6

EXTRA INFORMATION

Does this franchise provide any initial training and opening assistance?

Yes, they have an initial training program of 150 hours. This includes 106 hours of classroom training, 44 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online N/A
On-the-Job 44
Classroom 106
Total 150

Does this franchise offer Territory Rights?

LifeSpring In-Home Care Network offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.

Do they have marketing and technology support in place?

Yes, LifeSpring In-Home Care Network offers comprehensive support for franchisees. Unlock this franchise to find out more.


When did they start franchising?

They began franchising in 2012. The average Home Care franchise began franchising in 2009.


Do they offer lending support?

No, but you can click here to fill out our affordability calculator and understand your financing options.

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  • How many new outlets have they sold in the last 5 years?
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  • Do they operate any company or affiliate owned outlets?
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  • Do they offer multi-unit discounts for buying more than one outlet?
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