- 2024 Franchise 500 Rank
-
#59 Ranked #55 last year
- Initial investment
-
$126K - $200K
- Units as of 2023
-
655 9.7% over 3 years
Interim HealthCare has served diverse communities in the United States since its founding in 1966. It currently operates in many states, boasting over 300 franchises that provide some of the best medical, hospice, and in-home care for thousands of individuals yearly.
Interim HealthCare also has a large international presence, with over 250 franchise locations outside of the United States.
Interim HealthCare is a key player in one of America’s most important industries and was one of the country’s very first nationwide home care franchises. They take pride in taking a well-rounded approach to care through the mind, body, spirit.
As a senior care franchisee, you may have the opportunity to make a positive difference in people’s lives, all while being able to take care of yourself, your family, and your dreams.
Why You May Want to Start an Interim HealthCare Franchise
Interim HealthCare may have a great advantage for you in its ability to offer the option to open both home care and hospice services simultaneously. This can occur in one or multiple locations. Competitors can usually only work in either home care or hospice services at a time, potentially making Interim HealthCare an enticing franchise for entrepreneurs.
The franchise’s support team strives to be one of the best in the industry. With over five decades of experience, it’s not surprising they have taken time to work to develop revolutionary techniques in building in-home care franchises and in making each new member of the family feel at home.
More than anything, the franchise wishes to stay true to its core values of integrity and empathy. If you take the time to look around and consider other home care franchises, it may be easy to see how Interim HealthCare’s proven commitment to such ideals is hard to come by.
What Might Make an Interim HealthCare Franchise a Good Choice?
Interim HealthCare has been ranked in Entrepreneur’s Franchise 500 many times in the past decade. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
To be part of the Interim Healthcare 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 prepare yourself 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.
Interim HealthCare’s expertise in providing medical, health, and hospice staffing services may go unquestioned. And no matter your background or experience, the franchise has a dedicated team to make sure you are well-trained and your transition to day-to-day management is smooth as silk.
How To Open an Interim HealthCare Franchise
To get started with the Interim HealthCare franchise, you should first submit an inquiry form.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions directed to the Interim HealthCare team. If your net worth and available liquid capital match the brand’s requirements, you may qualify to open an Interim HealthCare franchise, and you can get started with an initial investment and relevant training.
Care for your community with an Interim HomeCare franchise!
Company Overview
About Interim HealthCare
Industry | Personal-Care Businesses |
---|---|
Related Categories | Senior Care, Miscellaneous Health Services, Staffing/Recruiting, Health & Wellness |
Founded | 1966 |
Parent Company | Caring Brands Int'l. |
Leadership | Paul Mastrapa, President/CEO |
Corporate Address |
1551 Sawgrass Corporate Pkwy., #230 Sunrise, FL 33323 |
Social | Facebook, Twitter, LinkedIn, YouTube |
Business Overview
Franchising Since | 1966 (58 years) |
---|---|
# of employees at HQ | 70 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 655 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Interim HealthCare 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
|
$50,000 |
---|---|
Initial Investment
|
$125,500 - $199,500 |
Net Worth Requirement
|
$300,000 |
Cash Requirement
|
$100,000 |
Veteran Incentives
|
10% off franchise fee |
Royalty Fee
|
3.5%-5.5% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
10 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.
Third Party Financing | Interim HealthCare 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.
On-The-Job Training | 40 hours |
---|---|
Classroom Training | 40 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 2 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Interim HealthCare landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Interim HealthCare ranked on other franchise lists? Find out below.
Ranked #1 in Senior Care in 2024
Best of the Best
Ranked #59 in 2024
Franchise 500
Ranked #28 in 2023
Top Global Franchises
Ranked #5 in 2024
Top Franchises for Less Than $150,000
Ranked #38 in 2023
Top Brands for Multi-Unit Owners
Ranked #96 in 2023
Top Franchises For Veterans
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