In this exclusive Franchise Chatter FDD Talk post, you’ll learn the following:

Section I – Estimated initial investment (franchise costs) for an Assisting Hands Home Care franchise, based on Item 7 of the company’s 2024 FDD

Section II – Initial franchise fee, royalty fee, and marketing fee for an Assisting Hands Home Care franchise, based on Items 5 and 6 of the company’s 2024 FDD

Section III – Number of franchised and company-owned Assisting Hands Home Care outlets at the start of the year and the end of the year for 2021, 2022, and 2023, based on Item 20 of the company’s 2024 FDD

Section IV – News updates on the Assisting Hands Home Care franchise opportunity

Section V – Presentation and analysis of Assisting Hands Home Care’s financial performance representations (average revenues and/or profits), based on Item 19 of the company’s 2024 FDD, including information on the:

• 2023 actual gross revenue, number of Assisting Hands Businesses operated by the affiliate during 2023, and number of offices for the 2 Assisting Hands Home Care affiliates that were in operation for 12 months or longer as of December 31, 2023

• 2023 actual gross revenue, number of Assisting Hands Businesses operated by the franchisee during 2023, and number of offices for the 66 Assisting Hands Home Care franchisees that were in operation for 12 months or longer as of December 31, 2023

Section VI – Key ratios, comparables, computations, and analyses for the Assisting Hands Home Care franchise opportunity (exclusive content for Platinum subscribers)

Section I – Assisting Hands Home Care Franchise Costs

• Initial Franchise Fee:  $55,000
• Security Deposits:  $500 to $4,000
• Insurance:  $3,500 to $7,000
• 3 Months’ Lease Payments:  $1,500 to $6,000
• Leasehold Improvements:  $0 to $7,000
• Signage:  $700 to $3,000
• Furnishings:  $1,500 to $6,000
• Computer System and Scheduling Hardware and Software:  $2,000 to $4,500
• Business Licenses and Permits:  $150 to $500
• Licensing and Credentialing:  $700 to $10,000
• Initial Training Expenses:  $2,000 to $4,000
• Professional Fees:  $2,000 to $7,200
• Convention Fee:  $200
• Recruiting Expense:  $2,500 to $6,000
• Advertising, Marketing, and Promotion:  $2,250 to $6,000
• Additional Funds for 3 Months:  $20,000 to $50,000
• Total Estimated Assisting Hands Home Care Franchise Costs:  $94,500 to $176,400

Section II – Assisting Hands Home Care’s Initial Franchise Fee, Royalty Fee, and Marketing Fee

• Initial Franchise Fee:  $50,000 to $55,000

• Royalty Fee:  the greater of the Percentage Royalty or Minimum Royalty. The “Percentage Royalty” is 5% of Gross Revenue per week if below $48,000; 4.5% of Gross Revenue per week if between $48,000 and $95,999; and 4% of Gross Revenue per week if above $96,000. The “Minimum Royalty” is $50 per week per office during the first year of operations; $100 per week per office during the second year of operations; and $200 per week per office thereafter and throughout the remainder of the term.

• National Advertising Fund Contribution:  the greater of (i) 0.5% of Gross Revenue (“Percentage Contribution”); or (ii) the Minimum Contribution. The “Minimum Contribution” is currently $150 per month.

• Local Advertising Payment:  the difference between the amount you spent on local advertising each month and your required local advertising requirement (2% of Gross Revenue during the second full calendar year of operations and each year thereafter; $750 per month during the first partial and full calendar year)

Section III – Number of Franchised and Company-Owned Assisting Hands Home Care Outlets

Franchised

2021

• Outlets at the Start of the Year:  142
• Outlets at the End of the Year:  151
• Net Change:  +9

2022

• Outlets at the Start of the Year:  151
• Outlets at the End of the Year:  170
• Net Change:  +19

2023

• Outlets at the Start of the Year:  170
• Outlets at the End of the Year:  185
• Net Change:  +15

Company-Owned

2021

• Outlets at the Start of the Year:  4
• Outlets at the End of the Year:  4
• Net Change:  0

2022

• Outlets at the Start of the Year:  4
• Outlets at the End of the Year:  5
• Net Change:  +1

2023

• Outlets at the Start of the Year:  5
• Outlets at the End of the Year:  5
• Net Change:  0

Section IV – News Updates on the Assisting Hands Home Care Franchise

Section V – Financial Performance Representations (Average Revenues and/or Profits) for the Assisting Hands Home Care Franchise (Item 19, 2024 FDD)

• As of December 31, 2023, we had a total of 185 franchised Assisting Hands Businesses (“Franchised Locations”), and five affiliate-owned Assisting Hands Businesses (“Affiliate Locations”). The five Affiliate Locations were operated out of five offices. The 185 Franchised Locations were operated out of 82 Offices.

• The information in the tables below is a historical financial performance representation of the 164 Franchised Locations and five Affiliate Locations that were in operation for 12 months or longer as of December 31, 2023 and four Franchised Locations that were open for less than 12 months but owned by existing franchisees that cumulatively report (“Reporting Group”) for the 2023 calendar year (“Reporting Period”).

• 21 Franchised Locations opened in 2023 and were not open for 12 months or longer as of December 31, 2023. Of those 21 locations, four were opened by existing franchisees and are included in this Item 19 because the existing franchisees report Gross Revenue collectively across multiple Franchised Locations and they were not able to accurately separate out the Gross Revenue by individual Franchise Location.

• Six Franchised Locations ceased operations or were terminated during the Reporting Period and have been excluded from the Reporting Group.

• The numbers below have not been audited, but we have no reason to doubt their accuracy.

• All of the Assisting Hands Businesses in the Reporting Group offer similar services and face a similar degree of competition anticipated for the Assisting Hands Businesses offered under the current Disclosure Document.

• Affiliate Locations do not pay the Royalty Fee and are not subject to the Local Advertising Requirement, but do contribute to the National Advertising Fund.

• Assisting Hands provides substantially all of the same services and assistance to Affiliate Locations that it provides to Franchised Locations.

Part 1 – Gross Revenue for the Affiliate Locations During the Reporting Period

Boise, ID

• Number of Assisting Hands Businesses:  4
• Number of Offices:  4
• 2023 Gross Revenue:  $3,378,525

Logan, UT

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• 2023 Gross Revenue:  $429,865

All Affiliate Locations

• Total Number of Affiliate Locations:  2
• Total Number of Assisting Hands Businesses:  5
• Total Number of Offices:  5
• Total 2023 Gross Revenues:  $3,808,390

Part 2 – Gross Revenue for the Franchised Locations During the Reporting Period

Cave Creek, AZ

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $532,826

Phoenix, AZ

• Number of Assisting Hands Businesses:  4
• Number of Offices:  2
• Year Opened:  2009
• 2023 Gross Revenue:  $8,028,791

Dana Point, CA

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2002
• 2023 Gross Revenue:  $475,426

Danville, CA

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2002
• 2023 Gross Revenue:  $182,965

Laguna Hills, CA

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2021
• 2023 Gross Revenue:  $2,007,943

Newport Beach, CA

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2008
• 2023 Gross Revenue:  $2,896,743

Rancho Bernardo, CA

• Number of Assisting Hands Businesses:  6
• Number of Offices:  1
• Year Opened:  2012
• 2023 Gross Revenue:  $1,032,314

Yorba Linda, CA

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $223,293

Broomfield, CO

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2021
• 2023 Gross Revenue:  $451,157

Centennial, CO

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2019
• 2023 Gross Revenue:  $1,965,527

Littleton, CO

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2021
• 2023 Gross Revenue:  $558,005

Boca Delray, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $799,903

Brevard, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2015
• 2023 Gross Revenue:  $8,929,847

Fort Lauderdale, FL

• Number of Assisting Hands Businesses:  4
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $1,606,878

Fort Myers, FL

• Number of Assisting Hands Businesses:  3
• Number of Offices:  1
• Year Opened:  2021
• 2023 Gross Revenue:  $1,145,759

Jackson Beaches, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $696,713

Miami, FL

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2011
• 2023 Gross Revenue:  $3,793,115

Miami Beach, FL

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2016
• 2023 Gross Revenue:  $1,217,271

Naples, FL

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2009
• 2023 Gross Revenue:  $8,817,455

Palm Beach, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2012
• 2023 Gross Revenue:  $4,227,257

Pinellas, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2014
• 2023 Gross Revenue:  $1,030,175

Tampa Bay, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2013
• 2023 Gross Revenue:  $509,545

Tampa Gulf Coast, FL

• Number of Assisting Hands Businesses:  6
• Number of Offices:  2
• Year Opened:  2014
• 2023 Gross Revenue:  $4,495,672

West Broward, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2013
• 2023 Gross Revenue:  $2,355,408

Pasco, FL

• Number of Assisting Hands Businesses:  4
• Number of Offices:  1
• Year Opened:  2015
• 2023 Gross Revenue:  $3,504,508

Polk County, FL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2019
• 2023 Gross Revenue:  $4,265,071

West Orange, FL

• Number of Assisting Hands Businesses:  3
• Number of Offices:  2
• Year Opened:  2021
• 2023 Gross Revenue:  $2,282,944

Winter Park, FL

• Number of Assisting Hands Businesses:  5
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $2,110,239

Volusia, FL**

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $1,413,872

Duluth, GA

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2021
• 2023 Gross Revenue:  $146,980

Forsyth, GA

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $500,073

Arlington Heights, IL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2017
• 2023 Gross Revenue:  $1,405,233

Deerfield, IL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2017
• 2023 Gross Revenue:  $922,578

Elgin, IL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2014
• 2023 Gross Revenue:  $1,374,046

Fox Valley South, IL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2017
• 2023 Gross Revenue:  $886,953

Lombard, IL

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $1,224,656

Matteson, IL

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $904,470

Naperville, IL

• Number of Assisting Hands Businesses:  4
• Number of Offices:  2
• Year Opened:  2009
• 2023 Gross Revenue:  $1,947,461

Palos, IL

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $809,115

Rockford, IL

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $1,064,764

Schaumburg, IL

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2017
• 2023 Gross Revenue:  $1,931,705

Boston NW, MA

• Number of Assisting Hands Businesses:  4
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $2,450,861

Wilmington, MA

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $1,308,414

Columbia, MD

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2016
• 2023 Gross Revenue:  $769,039

Frederick County, MD

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2019
• 2023 Gross Revenue:  $1,754,042

Potomac, MD

• Number of Assisting Hands Businesses:  4
• Number of Offices:  1
• Year Opened:  2014
• 2023 Gross Revenue:  $8,615,789

Clinton Township, MI

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $228,251

Milford, MI

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $2,723,826

Minneapolis, MN

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2012
• 2023 Gross Revenue:  $955,666

Lee’s Summit, MO

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $899,299

Cary, NC

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $205,998

Central, NJ

• Number of Assisting Hands Businesses:  4
• Number of Offices:  1
• Year Opened:  2014
• 2023 Gross Revenue:  $1,902,353

Livingston, NJ

• Number of Assisting Hands Businesses:  4
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $6,744,322

Monmouth, NJ

• Number of Assisting Hands Businesses:  5
• Number of Offices:  1
• Year Opened:  2015
• 2023 Gross Revenue:  $1,826,529

Northwest Las Vegas, NV

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $468,946

Southwest Las Vegas, NV

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $676,686

Brea, OH**

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2020
• 2023 Gross Revenue:  $875,935

Cincinnati, OH

• Number of Assisting Hands Businesses:  7
• Number of Offices:  2
• Year Opened:  2013
• 2023 Gross Revenue:  $10,021,397

North Central, OH

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2019
• 2023 Gross Revenue:  $654,904

Westlake, OH

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $410,002

Happy Valley, OR

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2017
• 2023 Gross Revenue:  $1,538,463

Collegeville, PA

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2010
• 2023 Gross Revenue:  $761,325

Midlands, SC

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2012
• 2023 Gross Revenue:  $478,552

Fort Worth West, TX

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2013
• 2023 Gross Revenue:  $651,556

Frisco, TX

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $873,892

Humble, TX

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2008
• 2023 Gross Revenue:  $468,457

Mansfield, TX**

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2022
• 2023 Gross Revenue:  $1,493,333

Pearland, TX

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2016
• 2023 Gross Revenue:  $890,327

Preston Hollow, TX

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2016
• 2023 Gross Revenue:  $607,171

West Austin, TX

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2016
• 2023 Gross Revenue:  $964,020

West Houston, TX

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2014
• 2023 Gross Revenue:  $817,113

Arlington, VA

• Number of Assisting Hands Businesses:  3
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $4,766,302

Loudoun, VA

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2016
• 2023 Gross Revenue:  $1,091,872

Reston, VA

• Number of Assisting Hands Businesses:  2
• Number of Offices:  1
• Year Opened:  2018
• 2023 Gross Revenue:  $1,577,343

Richmond, VA

• Number of Assisting Hands Businesses:  5
• Number of Offices:  1
• Year Opened:  2019
• 2023 Gross Revenue:  $695,434

Menomonee Falls, WI

• Number of Assisting Hands Businesses:  1
• Number of Offices:  1
• Year Opened:  2017
• 2023 Gross Revenue:  $2,168,746

Southwest Milwaukee, WI

• Number of Assisting Hands Businesses:  3
• Number of Offices:  1
• Year Opened:  2019
• 2023 Gross Revenue:  $406,042

• The “Year Opened” date indicates the year the Franchised Location opened its first Assisting Hands Business and Office.

• **These franchisees each opened an additional Assisting Hands Business during 2023. Because franchisees report all revenue collectively across Assisting Hands Businesses, the figures in the Gross Revenues section include the Gross Revenue from these additional Assisting Hands Businesses. As a result, these franchisees’ reports include higher Gross Revenue than would be expected for the number of Assisting Hands Businesses listed.

• Note:  The totals in the following section were calculated by Franchise Chatter.

All Franchises

• Total Number of Franchises:  77
• Total Number of Assisting Hands Businesses:  168
• Total Number of Offices:  82
• Total 2023 Gross Revenues:  $148,416,863

• The term “Gross Revenue” means the total selling price of all services and products sold at, or from, or through your Assisting Hands Business whether or not sold or performed in connection with your Assisting Hands Business and all income of every other kind and nature related to the Assisting Hands Business operation, whether for cash or credit and regardless of collection in the case of credit.

• Gross Revenue does not include: (i) the amount of any tax imposed by any federal, state, municipal, or other governmental authority directly on sales and collected from customers, provided that the amount of any such tax is shown separately and in fact paid by you to the appropriate governmental authority; and (ii) all customer refunds, valid discounts and coupons, and credits made by the Assisting Hands Business (exclusions will not include any reductions for credit card user fees, returned checks, or reserves for bad credit or doubtful accounts).

• The financial performance representations above do not reflect the costs of sales, operating expenses, or other costs or expenses that must be deducted from the gross revenue or gross sales figures to obtain your net income or profit.

• You may operate up to three Assisting Hands Businesses from one Office, provided that they have adjoining territories. In the past, Assisting Hands allowed certain franchisees to operate more than three Assisting Hands Businesses from one Office.

• Assisting Hands allows franchisees with multiple Assisting Hands Businesses to report a combined Gross Revenue figure to it. Assisting Hands does not collect or require franchisees to provide it with separate Gross Revenue numbers for each Assisting Hands Business they operate.

• Because the Gross Revenue figures above include aggregate totals from franchisees with multiple Assisting Hands Businesses, these figures may include significantly higher Gross Revenue than the typical franchisee would generate operating a single Assisting Hands Business. A breakdown of the Gross Revenue by each Assisting Hands Business would result in significantly lower Gross Revenue for franchisees with multiple Assisting Hands Businesses.

• Some Assisting Hands Businesses have sold this amount. Your individual financial results may differ. There is no assurance that you will sell as much.

Section VI – Assisting Hands Home Care Franchise Ratios, Comparables, Computations, and Analyses (Exclusive Content for Platinum Subscribers) ⬇️