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First Day Homecare Franchise For Sale

Minimum Investment

$25,000

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Established

2020

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Franchise Units

18

payments

Minimum Investment

$25,000

payments

Franchise Fee

$70,000

payments

Total Investment Range

$200,200

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Home Based

No

Description

First Day Homecare is the first and only homecare franchise in the US that specializes in pediatric Private Duty Nursing (PDN) level care. Many people in the homecare industry misinterpret "private duty" to mean private pay, but this is not the case for the care that we specialize in. Our care is almost 100% paid for by major insurance plans such as Medicaid, BCBS, United Healthcare, and others. These insurance plans authorize us to put skilled, licensed nurses in medically complex infant's and children's homes for anywhere from 8 hours per day all the up to 24 hours per day, and these children require this care for years at a time on average, sometimes for the rest of their lives.

This level of care is very rare, there are not many providers out there who know what pediatric Private Duty Nursing really is, which leaves a great market opportunity for First Day Homecare franchise owners. The best part is, our franchise owners do not have to have any healthcare background or knowledge to open up a First Day Homecare location! We've truly built all of the resources our franchise owners will need to operate, from policy manuals, forms, marketing materials, online training for internal staff and the field caregivers, e-documentation for all caregivers, claims and invoicing management, etc.

In addition to pediatric Private Duty Nursing level care, our franchise owners will have the ability to offer traditional homecare services, Medicare Certified Home Health, and pediatric ABA therapy services as well. With First Day Homecare, we're making today the First Day of better days!


Background

Established: 2020
First Unit Franchised: 2023
Franchised Units: 18
Company Owned Units: 1

States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Massachusetts - MA, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, North Carolina - NC, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, South Carolina - SC, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, West Virginia - WV, Wyoming - WY (Coming Soon: New York and Maryland!)
Canada Franchises: No
International Franchises: No


Cash Investment: $25,000 - $75,000
Total Investment: $109,050 - $200,200
Minimum Net Worth: $350,000
Franchise Fee: $70,000 (2nd - $65,000 3rd+ - $60,000)
Royalty: 5%
Ad: 1%
Item 19: Yes
Average Number of Employees: 2
Visa Candidates: No
Passive Ownership: No
Semi-Passive Ownership: No
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes, 10% off initial franchise fee ($7,000 off)




Support Training

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: No
Cooperative Advertising: No
Training:
Franchise owners can expect Pre-training (1:1 live zoom sessions to assist in business formation and early access to resources), Training (3.5 day on-site training at our home office), and Post-Training (never-ending 1:1 live zoom sessions that the franchise owner can request at any time).



Ideal Candidate

OWNER/OPERATOR: Continually hiring field caregiver positions, maintaining accreditation-compliant personnel files for all hired caregivers (background checks, nursing licenses, etc.), matching up hired caregivers to patients in need in your community, scheduling patient visits/shifts within the Electronic Medical Record (EMR) system and monitoring this system during normal business hours for variances, and processing payroll and billing as needed.

IDEAL CANDIDATE
Our ideal candidate is an entrepreneur who has a passion for helping medically complex children and adults. If helping others in need is not something that fills your "cup," you are not the right fit for our system. We are a purpose-driven organization, looking to fill a big gap in the healthcare system, and our ideal candidate will buy into this mission with us. People with healthcare related backgrounds are ideal, but it is not necessary to have any medical background to start up a First Day Homecare location.



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