Interim HealthCare Franchise

Interim HealthCare Inc. has been a leading provider in the health care industry since 1965, offering a range of services including temporary staffing for registered nurses, nurse assistants, therapists, home health aides, and more. With a history of franchising since 1966, Interim HealthCare is headquartered in Sunrise, Florida, and proudly operates over 630 units.

Franchise Highlights

• Business Established: 1965
• Franchising Since: 1966
• Headquarters: Sunrise, Florida
• Estimated Number of Units: 630

Investment Information

Starting an Interim HealthCare franchise requires an initial investment that ranges from $125,500 to $199,500. This includes a franchise fee of $50,000. Below is a breakdown of the estimated initial costs:

• Initial Franchise Fee: $50,000
• Real Property: $1,000 - $2,500
• Leasehold Improvements, Furniture, and Fixtures: $2,000 - $5,000
• Equipment: $2,500 - $3,500
• Opening Advertising: $3,000 - $4,500
• Vehicle Wrap Marketing Program: $2,500 - $5,000
• Training Expenses: $0 - $2,500
• Start-Up Supplies: $1,000 - $1,500
• Insurance: $8,000 - $10,000
• Utility Deposits: $150 - $500
• Professional Fees: $1,500 - $5,000
• Business License: $1,000 - $4,000
• Regulatory Fees: $1,000 - $2,000
• Additional Funds (6 Months): $51,850 - $103,500

Fees and Ongoing Costs

• Weekly Royalty: 3.5% of Medicaid sales; 4.5% of Medicare sales; 5.5% of all other sales; minimum weekly payment of $100
• National Marketing Fee: 1% of weekly sales
• Medicare OASIS and Billing Fee: $150 per month plus $0.88 to $1.21 per assessment
• Technology Fee: Up to $485 per month
• Software Fees for EMR System: Minimum $125 per month

Training and Support

Interim HealthCare offers extensive training, including up to 40 hours of classroom training at the headquarters in Sunrise, Florida, and up to 40 hours of on-site training at the franchisee’s location. Additional on-the-job training and continuous support are provided to help franchisees succeed.

Exclusive Territory

Franchisees are granted an exclusive geographic area that will have a minimum population of 175,000 and up to 200,000, with at least 25,000 people over the age of 65. The specifics of the territory will be defined in the Franchise Agreement and can be tailored to suit market characteristics.

Terms and Renewal

The initial franchise term lasts for 10 years, with an option to renew for an additional 10 years, provided certain conditions are met. Franchisees must be actively involved in the day-to-day operations of the business.

Financial Assistance

Currently, the franchisor does not directly offer any financing arrangements or guarantee the franchisee's loans or other financial obligations.

Key Takeaways

• Initial investment ranges from $125,500 to $199,500
• Established market presence with over 630 units
• Extensive training and ongoing support
• Exclusive territory rights
• Potential to renew the franchise agreement

For more detailed information and to access the full Franchise Disclosure Document (FDD), please fill out the free information request form on this page.