Introduction
You have navigated to this page because you are considering owning a homecare franchise, possibly an Options franchise, or you are simply curious about the world of franchising. One of the documents you may want to refer to is A Consumer Guide to Buying a Franchise. This 24-page document, which has been published by the Federal Trade Commission (FTC), is an easy read and offers a lot of good information regarding franchising.
The World is Changing, Take Control of Your Future
Background
The home care market for the elderly continues to grow rapidly with the advent of the baby boomers reaching retirement age. In the United States, there were approximately 41 million individuals in 2010 who are 65 and older. Today, 10,000 people are being added to that number each day! By 2030, that number will surpass 70 million at which time one out of five people could be a potential client for a home care franchise. Home care services are offered to an ever-growing market of seniors, making the home care market unaffected by changing economies. Only a few franchising organizations have capitalized on these rapidly growing opportunities. The franchising opportunity is a very attractive proposition for entrepreneurs who have always wanted to be their own boss. Such opportunities become even more attractive during economic hardships when people start searching for sustainable sources of income. We at Options have recognized the potential in providing home care services for the elderly. We are seeking individuals who share our mission to provide excellent and compassionate care. With an uncompromising sense of dedication and compassion, Options franchises bring added comfort to senior care recipients and provide them with an affordable solution while satisfying their preference to remain at home.
Investment in a Franchise
As you begin to seriously consider buying an Options franchise, you want to know early on what the start-up and ongoing costs of your new business will be. We have devised a financial scheme that we believe is very competitive given all the benefits that a new Options franchisee enjoys. For a brief overview of the expected financial commitment a new franchise owner will have towards his/her primary expenditures, examine our franchise costs.
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Franchise Since
2005
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# of employees at HQ
7
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# of Units
14
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Investment Range
$85,800 - $110,400
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Net Worth Requirement
300000
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Cash Requirement
100000
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Royalty Fee
4.75%
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Ad Royalty Fee
0.5%
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Term of Agreement
10 years
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is franchise term renewable?
Yes
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Veteran discounts
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Listen to what our clients say...
https://www.youtube.com/watch?v=ucCF3EKP60c
Sometimes it is best to hear things from someone else, a third party. We are proud of the many happy and satisfied families whom we have served and are currently serving. Here are some excerpts from some of our family members:
"I like the flexibility aspect of your services."
Barbara S. , Power of Attorney of our care recipient
Annapolis , MD (2017-10-17)
"I've probably written this note a hundred times in my head, but it never seems to clearly communicate the gratitude that I have for you and your staff. Knowing that my mom was cared for with such kindness and compassion was a blessing for all of us. Amid all the changing situations, you let us know that we were not alone...even delivering caregivers in the middle of the night... You can be sure that we will continue to tell others about the exceptional people at Options for Senior America."
Robert W. , Son
Greensboro , NC (2020-05-29)
"I am grateful to Rochelle (Options Care Coordinator), and the Options caregivers who were part of this journey with me. It was truly a team effort - a partnership."
Michele K. , Niece of our care recipient
Catonsville, MD , MD (2023-07-04)
"Options was sent to me by the VA (Veterans Affairs), not having family close they’ve been a great help. I have meals cooked for me with each visit. Staff cleans my living areas as well as take me out grocery shopping. This company has been a great help."
Lloyd R. , Our care recipient
Merrillville , IN (2019-10-18)
"Shanique (Options' caregiver) caught on very quickly in helping me with my needs."
Robert C. , Our care recipient
Frederick , MD (2017-08-10)
"Options service is better than I expected. Providers are well trained and caring."
Donald L. , Our care recipient
Arlington , VA (2020-02-19)
"Linda (Options caregiver) is awesome! Love her. Please keep her assigned to my case."
Albert S. , Our care recipient
Severn , MD (2018-07-16)
"You have sent someone who knows what I need and does a great job."
Robert C. , Our care recipient
Frederick , MD (2017-03-29)
"Thank you for the service that you provided for mom. You enriched a great part of her declining days and I'm forever grateful."
Jane Burnette , Daughter
High Point , NC (2020-04-29)
"I like that they are helpful in solving issues that arise."
"I wish everyone cared the way Ms. Chavis (Options branch manager) does. She had a very pleasant and caring tone in her voice."
Deree C. , Mother of our care recipient
Capitol Heights , MD (2017-08-28)
"I like the compassion and professionalism of the employees."
Barabara H. , Our care recipient
N. Chesterfield , VA (2020-08-12)
"Whenever I am asked for in-home care, you can be assured I will recommend your company."
Marie C. , Daughter of our care recipient
Tampa , FL (2018-02-28)
"The experience I have had with the staff and caregivers has been exceptional. No matter what needs my dad or I have brought to the organization, John (Options branch manager) and Lora (Options care coordinator) have found the means to fulfill them. I would recommend their services to anyone."
Norman A. , Son of our care recipient
Owings Mills , MD (2017-07-28)
"I chose Options for their thoroughness, generous agreements, cost, and their understanding staff."
Richard D. , Our care recipient
Middletown , MD (2017-03-21)
"Like LeAnn (Options caregiver) a lot! Very hard worker. She asks my husband if he took his meds - every time. Very willing person. Thank you!"
Vicky S. , Wife of our care recipient
Street , MD (2017-12-15)
"I chose Options because your company has been around for 30 years, and Sandie (Options branch manager) was very professional and knowledgeable."
Joy R. , Daughter of our care recipient
California , MD (2019-03-18)
"My mother is so fond of Sharaze (Options caregiver) -- this was such a great match!"
Susan H. , Daughter of our care recipient
Huntingtown , MD (2020-11-19)
"I like your professionalism, compassion, and adaptability."
Richard D. , Our care recipient
Middletown , MD (2017-08-08)
"We are very happy with the care provided by Demetria, the caregiver assigned to our care. She has been consistent and has a great attitude. The quality assurance visits that they make to our house are very beneficial."
Louise L. , Our care recipient
Baltimore , MD (2022-10-31)
Felicia B. , Daughter
Atlanta , GA (2017-06-30)
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Industry: Non Medical |
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Investment Range: $85,800 - $110,400 |
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Available Locations: AL, AK, AZ, AR, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY |
