One You Love Homecare Franchise
Audited FinancialsRisk Score
Pending analysis
Investment Range
$95,400 - $170,800
Franchise Fee
$44,550
Total US Locations
15
Business Summary
One You Love Homecare franchises the right to own and operate businesses that provide non-medical personal care and companion care services. These services are offered by certified nursing assistants, home health aides, personal care aides, and companions to seniors and other adults who have chronic or acute illnesses. One You Love Homecare focuses on providing well-rounded, personalized care on an hourly or live-in basis, ensuring all aides are supervised by registered nurses, licensed, bonded, and fully insured.
Corporate History
One You Love Homecare Franchising, LLC was formed in Pennsylvania on May 4, 2018, and began offering franchises in October 2019. Before this, its affiliate, Parents First Homecare, Inc., was incorporated in Pennsylvania on February 11, 2015. Parents First Homecare, Inc. operated a similar business under the "Parents First Homecare" name from September 2016 until January 1, 2019, after which it began operating under the "One You Love Homecare" brand.
Financial Overview
Investment Range
$95,400 - $170,800
Franchise Fee (Low)
$44,550
Franchise Fee (High)
$59,500
Royalty %
5%
Marketing %
1%
Equipment Costs (Low)
$2,900
Equipment Costs (High)
$15,500
Working Capital
$36,250
Audited Financials
Yes
Offers Financing
No
Audit Opinion
Unqualified opinion
Financial Health Notes
One You Love Homecare appears to be in good financial health. The auditors concluded there is no significant doubt about the company's ability to continue operations, attributing this to positive income and cash flows for the year ended December 31, 2024. However, the company's 2023 financial statements were restated due to errors related to unbilled revenue, other receivables, deferred costs, and deferred revenue, resulting in a decrease in total stockholders' equity of $303,114 as of January 1, 2024.
Financing Details
One You Love Homecare does not offer direct or indirect financing to franchisees. The franchisor also does not guarantee any notes, leases, or other financial obligations of the franchisee.
Performance Metrics
Total US Locations
15
Franchised Units
14
Corporate Units
1
Avg Square Footage
650
Franchising Since
2019
Legal & Compliance Analysis
Recent Litigation
No
Bankruptcy
No
Litigation Summary
One You Love Homecare has no litigation history to report. Item 3 of the Franchise Disclosure Document states that no litigation is required to be disclosed.
Bankruptcy History
One You Love Homecare has no bankruptcy history to report. Item 4 of the Franchise Disclosure Document states that no bankruptcy information is required to be disclosed.
Agreement Terms
Initial Term
10 years
Renewal Term
10 years
Renewal Conditions
To renew, One You Love Homecare franchisees must provide written notice of their intent to renew at least 120 days before their current agreement expires. They must demonstrate the right to operate at their approved location or secure an approved substitute. Franchisees are required to complete all necessary maintenance, refurbishing, renovating, updating, and remodeling of the business premises to meet current brand standards at least 90 days prior to expiration. They must also not be in breach of any agreement with One You Love Homecare or its affiliates, and must have paid all outstanding monetary obligations. The franchisee will need to sign One You Love Homecare's then-current franchise agreement, which may have different terms, satisfy current training requirements at their own expense, sign a general release, and pay a renewal fee of $12,500.
Training & Support Program
Franchisor Assistance
Before opening, One You Love Homecare provides franchisees with online access to its confidential Operations Manual, specifications for computer hardware and software, and assistance with site review and approval. It designates approved suppliers for inventory and supplies and helps plan grand opening marketing campaigns. Franchisees and up to two additional attendees receive initial training, which includes classroom and practical experience, lasting up to 5 days. After opening, One You Love Homecare offers ongoing consultation and advice via telephone, intranet, e-Learning, or on-site visits. It administers the Brand Development Fund, may offer National Account Sales Services, and can hold annual or regional conferences. Franchisees must attend these conferences and pay a registration fee. One You Love Homecare may also provide assistance with pricing, maintain a toll-free customer service number, develop proprietary products and services for franchisees to sell, and offer refresher/ongoing training courses that franchisees may be required to attend for an additional fee.
Initial Training Hours
44
Training Location
Franchisor headquarters in Philadelphia, PA, or remotely
Ongoing Support
After opening, One You Love Homecare provides franchisees with continuing consultation and advice as needed, delivered via telephone, intranet communication, e-Learning systems, and on-site visits. The franchisor administers the Brand Development Fund and may offer National Account Sales Services. One You Love Homecare may also hold annual conferences, regional conferences, or additional training sessions, which franchisees are required to attend, with a current registration fee of $1,000 per person annually plus travel expenses. Franchisees may receive assistance in establishing prices and benefit from a toll-free telephone number for client inquiries and customer service (cost included in the Technology Fee). One You Love Homecare continuously develops new proprietary products and services that franchisees must offer. Refresher and ongoing training courses may be offered, or required, for a tuition rate of $500 per person, with additional expenses up to $2,000 per year.
Franchise Requirements
Ideal Candidate Profile
One You Love Homecare is seeking franchisees who possess strong entrepreneurial, marketing, managerial, professional networking, and relationship-building abilities, along with a focus on customer service and satisfaction. Franchisees (or at least one principal) must personally supervise the business full-time, dedicating their best efforts to daily operations, including being available during normal business hours (9:00 AM – 5:00 PM) to answer calls and emails. Franchisees may delegate some daily tasks to an approved and trained General Manager but must maintain supervisory oversight. All persons providing services to clients must be employees of the franchisee, not independent contractors, and both franchisees and employees must undergo and pass criminal background checks.
Industry Experience Required
No
Management Experience Required
Yes
Sales Experience Required
No
Technical Skills Required
No
Operational Details
Location Type
Hybrid
Owner Participation
full-time
Territory Type
Non-Exclusive
Territory Size Requirements
One You Love Homecare generally defines its Designated Territories based on population. A typical territory will include up to 50,000 adults over the age of 65, as determined by data from the United States Census Bureau, using weighted block groups and monthly postage data updates. The territory boundaries are delineated by postal zip codes within the same state. If a territory has a population greater than 50,000 people over the age of 65, the initial franchise fee will increase by $1.00 for every additional person over 65, up to an additional 10,000 people.
Staffing Notes
One You Love Homecare requires that the franchisee or at least one of their principals must personally supervise the day-to-day operations of the Franchised Business, devoting full-time attention and best efforts. Franchisees are expected to work during normal business hours (9:00 AM – 5:00 PM) and be available to answer phones and emails. While the franchisee can delegate certain daily tasks to an approved full-time General Manager, they must still supervise the overall operations. Each One You Love Homecare business must always have at least one individual who has successfully completed the initial training program. All individuals providing services to clients must be employed by the franchisee, not classified as independent contractors. Both the franchisee and all employees must undergo criminal background checks prior to starting or participating in operations, with routine rescreening as prescribed or upon request. Employees who fail a background check must be terminated immediately. Suggested staff positions include General Manager, Registered Nurse, Caregiver, and Scheduler/Assistant.