Qualicare logo

Qualicare Franchise

Audited Financials
Senior CareEst. 2011Etobicoke, ON
www.Qualicare.com

Risk Score

Pending analysis

Investment Range

$95,700 - $218,700

Franchise Fee

$49,700

Min Cash Required

$15,000

Total US Locations

28

Business Summary

Qualicare of America, Inc. grants franchises to operate businesses offering personal care and companion care services, as well as medical services provided by healthcare professionals like registered nurses, licensed practical nurses, and certified nursing assistants. These services are delivered to seniors and other adults facing chronic or acute illnesses. Qualicare businesses also provide supplemental healthcare staffing services to institutional clients such as hospitals and nursing homes. The business operates under the 'Qualicare' mark and uses the 'Qualicare System', which includes unique programs for client evaluation, processes for service provision, marketing, and sales techniques.

Corporate History

Qualicare of America, Inc. was incorporated in Delaware in 2011 and began selling franchises later that same year. Its ultimate parent company is Clear Summit Group, Inc., which was formed in 2006. Qualicare of America, Inc. operates under the 'Qualicare' brand, which has a predecessor company, Qualicare, Inc., founded in 1995. The assets of Qualicare, Inc. were acquired by Qualicare of America, Inc.'s direct parent, Qualicare Franchise Corporation, Inc., in 2011.

Financial Overview

Investment Range

$95,700 - $218,700

Franchise Fee (Low)

$49,700

Franchise Fee (High)

$49,700

Minimum Cash Required

$15,000

Royalty %

5%

Marketing %

1%

Equipment Costs (Low)

$7,100

Equipment Costs (High)

$22,400

Working Capital

$17,500

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

Qualicare of America, Inc.'s financial statements for 2024 received an unqualified audit opinion, indicating they are presented fairly. As of May 31, 2024, the company holds a significant amount of money, $443,987, as an unsecured, non-interest-bearing receivable from a related party, Qualicare Franchise Corporation. A large portion of Qualicare of America, Inc.'s costs (65% in 2024) were paid to related entities. While the company has positive net income, these related-party transactions and the substantial receivable could impact its overall financial flexibility and cash flow.

Financing Details

Qualicare of America, Inc. does not offer any direct or indirect financing to its franchisees. This means that Qualicare of America, Inc. will not provide loans or guarantees for a franchisee's notes, leases, or other financial obligations. Franchisees must arrange their own funding.

Performance Metrics

Total US Locations

28

Franchised Units

28

Corporate Units

0

Avg Square Footage

650

Franchising Since

2011

Agreement Terms

Initial Term

10 years

Renewal Term

5 years

Renewal Conditions

To renew their agreement, Qualicare of America, Inc. franchisees must notify the franchisor in writing at least 180 days before the current term expires. They must prove they can operate the business from an approved location for the full renewal term, complete all required maintenance and remodeling to meet current standards, and be in full compliance with all agreements, including having satisfied all monetary obligations to the franchisor and its approved suppliers. Franchisees also need to sign the franchisor's then-current franchise agreement, pay a $6,500 renewal fee, and complete any required training at their own expense.

Training & Support Program

Franchisor Assistance

Qualicare of America, Inc. provides comprehensive support to its franchisees. Before opening, Qualicare assists with online access to their Operations Manual, provides specifications for required computer hardware, software, and other equipment, designates sources of supply, helps plan grand opening marketing, and provides an initial training program including online courses and tuition-free home office training. Franchisees are also assigned a licensing coach. After opening, Qualicare offers ongoing consultation and advice on management and operations, which can be delivered via telephone, intranet, e-learning systems, and on-site visits. They maintain and update the ERP software, administer the Brand Development Fund for marketing, and may offer National Account sales services. Qualicare also hosts annual and regional conferences, provides assistance with pricing strategies, and may maintain a toll-free number for client inquiries. They also offer refresher and ongoing training.

Initial Training Hours

195

Training Location

Toronto, ON, Canada, or online

Ongoing Support

After a Qualicare business opens, Qualicare of America, Inc. provides ongoing consultation and advice on management and operations, which can be delivered via telephone, intranet, e-learning systems, and on-site visits. The franchisor maintains and updates the ERP software, administers the Brand Development Fund for marketing, and offers National Account sales services. Qualicare also hosts annual and regional conferences, provides assistance with pricing strategies, and may maintain a toll-free number for client inquiries. Franchisees and their employees may be required to attend refresher and ongoing training courses, with franchisee expenses capped at $2,000 per year for such training.

Franchise Requirements

Ideal Candidate Profile

Qualicare of America, Inc. seeks franchisees (or their Operating Principals if an entity) who will be fully hands-on and dedicate their full-time attention to managing and operating the Qualicare business, without engaging in other business activities. If the franchisee cannot provide full-time, daily supervision, they must employ an approved, full-time General Manager or Specially-Trained Management Person with acceptable qualifications to oversee daily operations. All franchisees and their employees must pass a criminal background check and provide satisfactory references. Ideal candidates are those who are prepared to actively build relationships with clients and their families, providing in-home care services.

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

protected

Territory Size Requirements

Qualicare of America, Inc. defines its franchise territories by U.S. Postal zip codes. Generally, a territory will include an an area with a population of up to 300,000 people. Some territories may have populations greater than 300,000, which will result in an increased initial franchise fee.

Staffing Notes

Qualicare of America, Inc. requires that either the franchisee (Operating Principal) or a designated full-time General Manager/Specially-Trained Management Person actively supervise the business daily. All individuals providing personal care or home healthcare services must be employees of the franchisee, not independent contractors. All employees and the franchisee must pass criminal background checks and provide at least two satisfactory references. Additionally, franchisees are responsible for training their staff using only Qualicare's approved materials.