General

Industry

Healthcare Services

Category

Home Care

SBA Identifier

S4362

Year of Founding

2000

Fees

Marketing Fee

Varies

Royalty Fee

Varies

Franchise Fee

$50,000-$50,000

Investment Range

$93K-$169K

Location units

Total U.S. Locations

11

U.S. Franchised Units

10

U.S. Corporate Units

1

Headquarters (City)

San Diego

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2014

Issuance of FDD Data

04/08/2021

What to know about A Better Solution Homecare franchise?

You will operate an agency that markets and provides supplemental non-medical and companion care to clients within their homes and to clients who are in assisted living or nursing facilities, operating under the A Better Solution In Home Care Brand (or in the states of Washington and Florida, the "Caring Solutions In Home Care" Brand) and using the Program.

A Better Solution Homecare is based in San Diego, CA. Scroll down to learn more!

How much does a A Better Solution Homecare franchise cost?

Are you wondering how much is a A Better Solution Homecare franchise? Before starting a A Better Solution Homecare franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a A Better Solution Homecare franchise is $93,300 and can go all the way up to $169,350. Keep in mind, you should also allocate additional funds to live off of while the A Better Solution Homecare business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 A Better Solution Homecare franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a A Better Solution Homecare business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your A Better Solution Homecare franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare A Better Solution Homecare. Hotels to the Home Care, Outdoor Healthcare Services industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2018 3 5 0 8
2019 8 1 1 8
2020 8 4 2 10

Additional Details

How much does a A Better Solution Homecare franchise owner make?

A Better Solution Homecare franchise earnings and revenue can vary significantly from one franchisee to another.
The A Better Solution Homecare franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

A Better Solution Homecare discloses financials at the unit level. In other words, they show how much A Better Solution Homecare franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the A Better Solution Homecare franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like A Better Solution Homecare. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those A Better Solution Homecare owners were making.

Visit the A Better Solution Homecare metrics tab to explore the financials for this business.

What is the A Better Solution Homecare franchise fee?

Owning a A Better Solution Homecare franchise requires Varies royalty fee and Varies marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the A Better Solution Homecare Franchise Disclosure Document

Keep in mind, there is also an initial A Better Solution Homecare franchise fee of $50,000 that is included in the initial investment amount of $93,300 to $169,350. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the A Better Solution Homecare franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the A Better Solution Homecare franchise fee of $50,000.

Visit the A Better Solution Homecare metrics tab to explore the financials for this business, royalty and marketing fees compare to other Healthcare Services franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was A Better Solution Homecare founded?

A Better Solution Homecare started offering franchises in 2014. A Better Solution Homecare was founded 22 years ago in 2000.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many A Better Solution Homecare locations are in the U.S.?

As of 2021, there were 10 locations across the U.S. There are also 1 corporate locations. Most Healthcare Services franchises like A Better Solution Homecare have more franchised locations than corporate locations.

How many A Better Solution Homecare franchises opened over the past few years?

Over the prior 3 years we have data for, A Better Solution Homecare has opened 10 outlets throughout the U.S. Visit the A Better Solution Homecare metrics tab to explore how the openings compare to other Healthcare Services franchises.

How many A Better Solution Homecare franchises closed over the past few years?

Over the prior 3 years we have data for, A Better Solution Homecare has closed 3 outlets throughout the U.S

Visit the A Better Solution Homecare metrics tab to explore how the openings compare to other Healthcare Services franchises.

Is A Better Solution Homecare growing? Are they opening more locations than they are closing?

The net unit growth rate for A Better Solution Homecare over the past 3 years is 233%. Over the last year we have data for, A Better Solution Homecare had a net unit growth rate of 25%.

Without a comparison, this number doesn’t mean much. Compare how the A Better Solution Homecare growth rate compares to 2,000+ other franchises and Industry franchises like A Better Solution Homecare. More info in the A Better Solution Homecare metrics tab.

Is A Better Solution Homecare franchise eligible for an SBA Loan?

A Better Solution Homecare is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

A Better Solution Homecare franchise was assigned the SBA Franchise ID of S4362 on 07/08/2019. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like A Better Solution Homecare that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is A Better Solution Homecare a franchise in the United States?

According to the SBA, A Better Solution Homecare meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that A Better Solution Homecare provides you with an FDD if you are in discussion to buy a A Better Solution Homecare.

What is the A Better Solution Homecare Franchise for Sale Rate?

The A Better Solution Homecare systemwide health and franchisee satisfaction can be measured by the A Better Solution Homecarefranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

A Better Solution Homecare franchise for sale rate over the past 3 years is 36%. Over the last year we have data for, A Better Solution Homecare had a franchise for sale rate of 10%.

Without a comparison, this number doesn’t mean much. Compare how the A Better Solution Homecare franchise for sale rate compares to 2,000+ other franchises and Industry franchises like A Better Solution Homecare. More info in the A Better Solution Homecare metrics tab.

What is the A Better Solution Homecare Franchise Failure Rate?

A Better Solution Homecare franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

A Better Solution Homecare failure rate over the past 3 years is 30%. Over the last year we have data for, A Better Solution Homecare had a franchise failure rate of 20%.

Without a comparison, this number doesn’t mean much. Compare how the A Better Solution Homecare franchise for sale rate compares to 2,000+ other franchises and Industry franchises like A Better Solution Homecare. More info in the A Better Solution Homecare metrics tab.

How can I find out more details on A Better Solution Homecare franchise?

Visit the A Better Solution Homecare metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

A Better Solution Homecare

$131,325

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

A Better Solution Homecare

Varies

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

A Better Solution Homecare

$50,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Healthcare Services

Category

Home Care

SBA Identifier

S4362

Year of Founding

2000

Fees

Marketing Fee

Varies

Royalty Fee

Varies

Franchise Fee

$50,000-$50,000

Investment Range

$93K-$169K

Location units

Total U.S. Locations

11

U.S. Franchised Units

10

U.S. Corporate Units

1

Headquarters (City)

San Diego

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2014

Issuance of FDD Data

04/08/2021

Detailed Franchise metrics for A Better Solution Homecare

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for A Better Solution Homecare below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

A Better Solution Homecare

25%

233%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

A Better Solution Homecare

38%

36%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

A Better Solution Homecare

13%

30%

Industry median

All franchises median

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Business details

Company Name

http://www.homecarefranchisepartners.com/

Business email

**********@******.com

Mailing address

8929 Complex Drive

State headquarters

California

Owner Name

A Better Solution Homecare

Phone

+1 (000) 0********00

City

San Diego

Zip code

92123
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