Right at Home
Who are we
What to know about Right at Home franchise? The franchisee will operate a Right at a Home business that provides hands-on personal care, non-medical care, in-home care assistance, and companionship care services to seniors and other adults, and (i) supplemental staffing services for nursing homes, hospitals, and other medical institutional settings; (ii) skilled care and other in-home medical care; and (iii) other related products, materials, and equipment. Right at Home's business model is designed for franchisees to be independently operated businesses. The Right at Home franchisee will recruit, hire, train, and manage their employees who provide care services to clients in their homes. The Right at Home franchisee will also be responsible for all aspects of their business, including but not limited to sales and marketing, finances, human resources, insurance and bonding, client care management, and quality assurance. Right at Home offers a proven business model with a strong track record of success. Every day you will be active in local civic and business groups to boost brand awareness and build relationships, conduct assessments for new clients and families to determine the need for services, and create a customized care plan that matches the family’s needs and budget, manage the finances and office administration tasks, etc. Right at Home is based in Omaha, NE. Scroll down to learn more!How much does a Right at Home franchise cost?Are you wondering how much is a Right at Home franchise? Before starting a Right at Home franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Right at Home franchise is $87,394 and can go all the way up to $156,194. Keep in mind, you should also allocate additional funds to live off of while the Right at Home business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Right at Home franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Right at Home business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Right at Home franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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Franchisees
Updated on Mar 29, 2024Reviews
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Owning and managing a Right at Home senior care franchise over the last 10 years has been rewarding professionally, spiritually and financially. I am a Veteran and it has been meaningful to support my fellow Vets and others in our neighborhood.
Right at Home provides the brand, operating plans and training to help franchisees succeed. With more caring and dedicated partners we will be able to continue to expand our services to care for more seniors that need support aging in place. This has been meaningful work. We help keep our community strong, and it is profitable.
Until you are able to hire, train and support enough top notch caregivers and supervisors it will be stressful to care for your older clients in a consistent caring way
YesPositiveApprovesFair to negative
The concept
Corporate
YesNeutralDisapprovesRight at Home used to be a great franchise system and still is in many ways. But a handful of bad decisions combined with current competitive climate situations have, unfortunately, made it undesirable.
With only a very small number of exceptions, Right at Home corporate staff are genuine, ethical, have good moral values, help franchisees to succeed, are hard working, friendly, and helpful. Over the decade plus time, most Right at Home corporate initiatives have been good for all. Although there was a period where it seemed that a lot of bad decisions were made and franchisees had to comply such as, for example, requirement to use a software that wasn't yet developed well enough for real use, and with extreme cost (transferred from where the franchiser largely covered software development and improvement costs to where the majority became franchisee paid), and where a very costly marketing brand fund was implemented that has done as much to damage franchisees as to help, yet franchisees are stuck paying significant $ for it.
Huge number of franchise systems in this space these days make for too much competition and sale value of franchised business is very low; Current economic trends in the United States have caused a severe shortage of people that will work as caregivers such that it is very difficult to find enough help to succeed and also to have any reasonable profit margins - we shrank nearly 50% in amount of business in the past 3 years due to that while we now turn-away 90% of prospective clients because we don't have enough help; Right at Home franchise system costs more than its worth in royalties and brand fund fees and has even changed their new franchise agreements to have minimum amount of business or face minimum royalty and brand fund fees - I would never have started in the Right at Home franchise system under terms like that given that there are a multitude of bad things that can happen to cause a decrease in business that aren't within the control of the franchisee (COVID and caregiver severe caregiver shortages are good examples) such that a franchisee can get stuck having to significantly overpay on those fees at a time when struggling to survive themselves.
NoNegativeApprovesSolid
Strong macro economic factors Decent margins Franchisee part of a larger franchise organization
Severe labor shortage Low barrier to entry Increased competition Long hours Poor quality of work/life balance
YesNeutralApprovesAs RAH evolves they have done a good job on being innovative and bringing new vendors, concepts and ideas to help us prosper as franchisees.
See above
None at this time.
YesPositiveApproves
How much will it cost
- $49,500