FirstLight Home Care Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$50,000
Investment required
$72,000 - $200,000
Royalty fee
5.00%

FirstLight Home Care: Leading with Compassion in Home Care Excellence

FirstLight Home Care is a prominent provider of non-medical home care services that was founded in 2009. The franchise was established with the mission to offer compassionate and high-quality care to individuals needing assistance in their daily lives, especially seniors, veterans, and adults with dementia. 

Headquartered in Cincinnati, Ohio, FirstLight Home Care quickly expanded its reach across the United States, launching its franchising operations in 2010.

The franchise differentiates itself in the competitive home care market through its strong emphasis on a "Culture of Care," which prioritizes building trust, maintaining open communication, and fostering meaningful relationships between caregivers and clients.

This approach has helped FirstLight Home Care establish itself as a reliable and caring provider in the home care industry.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

FirstLight Home Care offers 2 types of franchises:

Franchise Type Amount
FirstLight Home Care franchise $125,675 to $199,660 initial investment
Conversion Addendum (converting your business to a FirstLight Home Care) $71,600 to $102,400 initial investment

We are summarizing below the main costs associated with opening a FirstLight Home Care franchise.

For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).

FirstLight Home Care

Type of Expenditure Amount
Initial Franchise Fee $50,000
Training Fee $5,000
Travel and Training Expenses $2,050 to $3,550
Business Premises $0 to $3,300
Start-Up Supplies and Inventory $300 to $900
Employment Screening $275 to $360
Equipment, Signage, Graphics $250 to $2,450
Marketing, Advertising and Promotions $4,500
Grand Opening Marketing $10,000
Other Paid Expenses $5,300 to $7,600
Business Permits, Licenses and Fees $0 to $5,000
Insurance $7,500 to $18,000
Computer Equipment $2,500 to $4,000
Additional Funds: 3 to 6 Months $38,000 to $85,000
TOTALS $125,675 to $199,660

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Number of units

2024
Franchised units

183

195

203

Company-owned units

0

0

0

Total units

183

195

203

Franchise Disclosure Document

Training 

FirstLight Home Care provides a structured and comprehensive training program for its franchisees, which includes the following key components:

  1. Initial Training at the Support Center: Franchisees undergo multi-day classroom training at the FirstLight Home Care Support Center. This training covers core aspects of running the business, including operations, marketing strategies, caregiver recruitment, and client acquisition.
  2. Hands-On Field Training: After the initial classroom sessions, franchisees receive hands-on training in the field. This component allows them to apply their knowledge in real-world scenarios, with direct support from experienced trainers.
  3. Ongoing Education and Support: FirstLight Home Care provides continuous training modules and educational resources. This ongoing training helps franchisees stay updated on the latest developments in home care, regulatory changes, and industry best practices.
  4. Coaching and Operational Support: Franchisees also receive coaching and support from the FirstLight Home Care team. This includes field support and access to a dedicated team that assists with business development and operational challenge

Territory Protection

FirstLight Home Care franchise does offer territory protection to its franchisees, ensuring that each franchisee has exclusive rights to operate within a defined geographical area. 

This protection prevents other FirstLight Home Care franchisees from opening another location within the same territory, thereby reducing direct competition among franchisees and allowing each to maximize their business potential within their designated area.

The protected territory is typically based on a specific population size or number of households, and it is designed to provide sufficient market potential for the franchisee to grow their business. This kind of territory protection is a key factor for prospective franchisees, as it provides a level of security and a clearer path to achieving their business goals without the risk of market saturation from within the brand.

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