Start a Nurse Next Door Home Care Services Franchise in 2024

2024 Franchise 500 Rank: #418 Not ranked last year

Initial investment: $115K - $212K

Units as of 2024: 210 79.5% over 3 years

Home care services may be increasing in demand, and Nurse Next Door Home Care Services provides caregiving to seniors in many communities. As a Nurse Next Door Home Care Services franchisee, you might be making longer visits to seniors to get to know them better. You may also have the freedom to care for them as you would for your own family. Providing companionship and dependability as part of your caregiving service is typically required.

Why You May Want to Open a Nurse Next Door Home Care Services Franchise

Nurse Next Door Home Care Services is one of the more well-known service providers in the home care industry. There are several unique aspects to being a part of the Nurse Next Door Home Care Services team. Some aspects may be operating in the home care industry with a "heart." Doing this may allow you to genuinely make a difference in people's lives and your community with your Nurse Next Door Home Care Services franchise.

The demand for both medical and non-medical home care (which Nurse Next Door Home Care Services offers both of) is typically high. The number of seniors preferring home care to care facilities may be increasing, and it may be a blessing for them to have your services. You don't typically need a health care background to operate this franchise. Caring for seniors may be good for people who thrive on making people happy.

What Might Make a Nurse Next Door Home Care Services a Good Choice?

To be part of the Nurse Next Door Home Care Services team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

This industry is resilient, as there is usually a need to care for our community's seniors. It may be a great choice of service business for people that love people. If you love being surrounded by people who enjoy helping others, consider starting a career as a Nurse Next Door Home Care Services franchisee.

This also may be an excellent chance to get close to your community. Operating a Nurse Next Door Home Care Services franchise might keep you involved in your community as you help those in need. You can generally be proud of the work that you accomplish in this industry. You may meet other purpose-driven nurses as a Nurse Next Door Home Care Services franchisee.

How to Own a Nurse Next Door Home Care Services Franchise

To be a successful franchisee, you usually need to believe in equal parts profit and purpose. It is typically fairly easy to start a Nurses Next Door Home Care Services franchise as you may not need to have any previous experience. However, you may need to have the right attitude. You may find yourself connecting with others and building relationships. As a result, you should be ready and willing to connect with others in your community.

Leading by example is one of the best ways to showcase the brand values and instill the appropriate culture for your team. You might also need to inspire them, hold them accountable, and help them deliver on Nurses Next Door Home Care Services' philosophy of caring for one’s community.

Company Overview

About Nurse Next Door Home Care Services

Industry	Personal-Care Businesses
Related Categories	Senior Care, Miscellaneous Health Services
Founded	2001
Parent Company	Nurse Next Door Professional Home Care Services Inc.
Leadership	Arif Abdulla, VP Global Franchise Development
Corporate Address	300 - 1788 W. 5th Ave. Vancouver, BC V6J 1P2
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since	2007 (17 years)
# of employees at HQ	61
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	210 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Nurse Next Door Home Care Services 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$68,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$115,115 - $211,600
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$125,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$30,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$10,000 off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	1%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	5 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.

In-House Financing	Nurse Next Door Home Care Services offers in-house financing to cover the following: franchise fee
Third Party Financing	Nurse Next Door Home Care Services has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training	40 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	Yes
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	2
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes