First Day Homecare offers in-home care services, including personal care, nursing, and pediatric therapy. The franchise focuses on providing high-quality care and support for individuals in the comfort of their homes.
Key Insights
- First Day Homecare developed through years of hands-on experience that revealed specific opportunities for improvement within the industry, resulting in innovative solutions that address common challenges while creating new possibilities for growth and customer satisfaction.
- Class scheduling accommodates diverse member schedules and preferences while maintaining optimal instructor-to-participant ratios that ensure quality instruction and personal attention, creating convenient options that support consistent participation and fitness progress.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of First Day Homecare gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $138,780 - $248,080, along with a franchise fee of $70,000 - $70,000.
Financial Performance and Revenue
Training and Resources
OHM Fitness provides comprehensive training for new franchisees. Initial training, lasting two weeks, is held at OHM Fitness headquarters. The franchisor offers a robust operational manual and access to a network of support resources. OHM Fitness recommends leveraging these materials for a smooth business launch.
Legal Considerations
Legal considerations for a First Day Homecare franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Franchisees may encounter considerations around differentiating their studio within a local fitness landscape. The model's emphasis on a specific class format presents operational considerations regarding instructor recruitment and retention, alongside the importance of maintaining consistent equipment and product supply. Navigating these aspects efficiently will be key to delivering the intended member experience.
Franchise Datasheet
FAQs
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