Risk Score
Pending analysis
Investment Range
$32,530 - $57,550
Franchise Fee
$19,750
Total US Locations
147
Business Summary
ActiKare, Inc. operates an In-Home Care Service Franchise Business that provides affordable non-medical companion and personal care services to clients, primarily individuals 60 years of age and older, in their own homes. These services include assistance with daily activities such as meal preparation, errands, help paying bills, light housekeeping, transportation, and pet care, helping clients to maintain their independence and receive care without traveling to a facility.
Corporate History
ActiKare, Inc. was formed as a Florida corporation on September 5, 2007. The company began offering franchises for its in-home care service business in November 2007. ActiKare, Inc. operates under the trade and service marks "ACTIKARE®" or "ACTI-KARE®" and associated logos, focusing on providing non-medical companion and personal care services to clients. ActiKare, Inc. does not currently operate any company-owned ActiKare® In-Home Care businesses. Its affiliates include Fast-Teks, Inc. (computer services, established 2004), Club Z!, Inc. (in-home tutoring, established 1995), and ML Capital Group, Inc. (operates six franchised ActiKare® businesses and provides support services to two Florida-based ActiKare® franchises).
Financial Overview
Investment Range
$32,530 - $57,550
Franchise Fee (Low)
$19,750
Franchise Fee (High)
$39,750
Royalty %
5%
Marketing %
2%
Equipment Costs (Low)
$550
Equipment Costs (High)
$1,200
Working Capital
$4,500
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
ActiKare, Inc. has audited financial statements that show a generally healthy financial position. The independent auditor, Optimus Financials, Inc., provided an unqualified opinion, indicating that the financial statements present fairly, in all material respects, the company's financial position and results of operations. The company has demonstrated positive cash flow from operating activities, with a significant increase in cash in 2024, and no specific financial health concerns, such as going concern issues, were highlighted by the auditor.
Financing Details
ActiKare, Inc. does not provide any direct or indirect financing options to its franchisees. The franchisor also does not guarantee any notes, leases, or other financial obligations for franchisees. Franchisees are responsible for arranging their own funding through banks or other financial institutions, with the availability and terms of such financing depending on factors like general market conditions, the franchisee's creditworthiness, and available collateral.
Performance Metrics
Total US Locations
147
Franchised Units
147
Corporate Units
0
Franchising Since
2007
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
ActiKare, Inc. has no litigation to report in Item 3 of its Franchise Disclosure Document.
Bankruptcy History
ActiKare, Inc. has no bankruptcy history to disclose in Item 4 of its Franchise Disclosure Document.
Agreement Terms
Initial Term
7 years
Renewal Term
7 years
Renewal Conditions
To renew their ActiKare, Inc. franchise agreement, franchisees must be in full compliance with the current agreement. They are required to complete any new training and refresher programs deemed necessary by the franchisor at no additional cost. Franchisees must also sign the franchisor's then-current form of franchise agreement for area director franchisees, which may contain materially different terms and conditions, including those related to territory and royalties. Additionally, they must sign a general release for any and all claims against ActiKare, Inc. and its affiliates, and pay a renewal fee of $250 prior to renewal.
Training & Support Program
Franchisor Assistance
ActiKare, Inc. offers comprehensive support to its franchisees. Before opening, the franchisor provides a Franchise Package, lends copies of its Franchisee Manual and Marketing Plan, and conducts initial training for the franchisee and up to two additional people. This training includes 10 hours of web-based pre- and post-training and 2-3 days of corporate training at the Tampa, Florida headquarters, online, or a mutually agreed-upon location. After opening, ActiKare, Inc. provides unlimited telephone support during business hours, conducts conference calls on sales techniques, bookkeeping, performance standards, and advertising programs, and issues updates to its System Standards through the Manuals. The franchisor also maintains an Internet website that lists all ActiKare locations and provides a link to each franchisee's customized website page (Sitelet). Franchisees are also provided with a business email account. Following initial training, dedicated support is given for pre-opening phases such as rate setting, establishing marketing campaigns, caregiver recruitment, role-playing, and back-office setup.
Initial Training Hours
40
Training Location
Tampa, FL or online
Ongoing Support
ActiKare, Inc. provides ongoing support to its franchisees including unlimited telephone support during business hours and regular conference calls to discuss sales techniques, bookkeeping, performance standards, and advertising programs. The franchisor maintains and updates its Manuals with mandatory and suggested System Standards. ActiKare, Inc. also operates an Internet website that lists all ActiKare locations and links to each franchisee's customized website page (Sitelet), which includes specific business information and content from the franchisor's website. Franchisees also receive an email account for their business.
Franchise Requirements
Ideal Candidate Profile
ActiKare, Inc. seeks individuals who are willing to undertake the necessary investment and effort to operate an ActiKare® business. Ideal candidates (or their owners/managers) are obligated to participate personally in the direct operation of the ActiKare® Business, faithfully, honestly, and diligently performing their obligations. They must continuously exert full-time and best efforts to promote, enhance, and encourage patronage of all ActiKare® businesses and avoid engaging in any conflicting business activities.
Industry Experience Required
No
Management Experience Required
No
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
hybrid
Owner Participation
hands-on
Territory Type
exclusive
Territory Size Requirements
ActiKare, Inc. grants franchisees a protected territory defined by a population ranging from 100,000 to not more than 250,000 people.
Staffing Notes
ActiKare, Inc. provides optional guidance and assistance to franchisees regarding employee terms and conditions, hiring, firing, discipline, and other employment-related policies, but these are not mandatory System Standards. Franchisees are solely responsible for all employment-related decisions, including wages, benefits, hours, scheduling, duties, supervision, work rules, discipline, hiring, discharge, record keeping, taxes, and other employment terms. ActiKare, Inc. explicitly states it does not exercise control over these essential employment aspects and is not considered a 'joint employer' of the franchisee's employees. Franchisees must inform their employees in writing that they are the sole employer and ActiKare, Inc. does not control their personnel policies.