A Place At Home logo

A Place At Home Franchise

Audited Financials
Senior CareEst. 2016Omaha, NE
www.aplaceathomefranchise.com

Risk Score

Pending analysis

Investment Range

$91,195 - $264,512

Franchise Fee

$11,137.5

Total US Locations

37

Business Summary

A Place At Home provides non-medical in-home care services, senior living placement services, care coordination, and health care organization staffing services. The business helps seniors and their families by offering a range of supportive services in their homes or assisting with senior living placement. A Place At Home also works with healthcare organizations to provide staffing solutions.

Corporate History

NorEast Franchise Group, LLC, which operates as A Place At Home Franchise, was established in Nebraska on November 16, 2016. A Place At Home began offering franchises in 2017. An affiliate, A Place At Home, LLC, was established in 2011 and has been operating an A Place At Home business in Omaha, Nebraska, since August 2012. Another affiliate, A Place At Home IP, LLC, established in 2018, owns and licenses the brand's trademarks.

Financial Overview

Investment Range

$91,195 - $264,512

Franchise Fee (Low)

$11,137.5

Franchise Fee (High)

$148,000

Royalty %

5.5%

Marketing %

1%

Equipment Costs (Low)

$5,470

Equipment Costs (High)

$16,262

Working Capital

$2,238

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

The franchisor's financial condition, as reflected in its financial statements, raises questions about A Place At Home's financial ability to provide services and support to its franchisees.

Financing Details

A Place At Home does not offer direct or indirect financing to its franchisees. Additionally, A Place At Home does not guarantee any notes, leases, or other financial obligations on behalf of its franchisees.

Performance Metrics

Total US Locations

37

Franchised Units

36

Corporate Units

1

Avg Square Footage

625

Franchising Since

2017

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their franchise, A Place At Home franchisees must be in compliance with their Franchise Agreement, provide 180 days written notice of their intent to renew, sign the then-current form of Franchise Agreement and related agreements, execute a general release in favor of the franchisor, pay a renewal fee of $5,000, and remodel and upgrade their business to meet current brand standards and specifications. Owners and their spouses must also personally guarantee the terms of the new agreement.

Training & Support Program

Franchisor Assistance

Before opening, A Place At Home provides franchisees with the right to operate their business in a designated territory, access to confidential operation manuals, and a list of approved suppliers and distributors. The franchisor assists with site review and approval for the operations center, provides a business associate agreement if a registered nurse or medical professional is hired, and offers a list of approved signs, equipment, furniture, and fixtures. A Place At Home also identifies and locates the franchisee's business on its website and provides an initial training program for the managing owner and one manager. After opening, the franchisor communicates operating standards, marketing standards, and updates approved vendors. A Place At Home may coordinate an annual conference and require supplemental on-site training if performance standards are not met. The franchisor also offers additional training for replacement operating managers and administers the Brand Development Fund.

Initial Training Hours

46

Training Location

Omaha, NE

Ongoing Support

After opening, A Place At Home franchisees receive ongoing communication and consultations regarding operating standards, procedures, and system requirements, including updates to approved services, products, and suppliers. The franchisor provides ongoing marketing standards and approval for marketing materials. Franchisees may participate in an annual system conference. Supplemental on-site training may be required or requested, and additional training is available for replacement operating managers. The franchisor also administers brand development funds for system-wide marketing and may establish a Designated Marketing Area Marketing Fund.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Home-Based

Owner Participation

Hands-On

Territory Type

Protected

Territory Size Requirements

A Place At Home territories generally consist of a geographic area that includes approximately 40,000 Qualified Residents, defined as individuals over 65 residing within the territory, based on U.S. Census Bureau data.

Staffing Notes

A Place At Home requires the franchised business to maintain at least two managers. In states that mandate an agency administrator, the administrator can be the franchisee, a registered nurse, or another third party. If the business generates over 100 billable hours per week, a full-time salesperson is required in addition to the managing owner or operating manager. Caregiver and registered nurse payroll costs will vary based on customer volume, and some states may require a licensed nurse on staff. Franchisees should review state and local laws to determine if a nurse is required and whether a registered nurse should supervise the business, though the nurse may not provide medical services. Franchisees must comply with screening requirements for healthcare workers.