Hallmark Homecare LLC
Hallmark Homecare LLC
Free for qualified buyers
Investment Range
$109,500 - $279,500
Franchise Fee
$59,500
Royalty
6%
Marketing Fee
1%
Total Units
36
Median Revenue
$2,758,297/yr
AI Summary
Hallmark Homecare is a franchise that operates as a domestic referral agency, placing caregivers to provide in-home, non-medical care and companionship for seniors and other individuals. Key financial requirements include an initial investment ranging from $109,500 to $279,500, a franchise fee that starts at $59,500, and an ongoing royalty fee of 6% of gross sales. The system is experiencing rapid growth, expanding from just two franchised locations at the end of 2022 to 36 by the end of 2024. While financial performance data for select franchisees shows a strong revenue opportunity, a notable risk is the emergence of unit closures, with four locations ceasing operations in 2024 amidst this fast expansion.
Unit Growth
2022
3
2023
25
2024
36
Initial Investment Breakdown
| Category | Low | High |
|---|---|---|
| Franchise Fee – One Protected Territory (2) | $59,500 | $59,500 |
| Franchise Fee – Two to Five Protected Territories (2) | $99,500 | $204,500 |
| Equipment and Supplies (3) | $1,500 | $4,000 |
| Initial Marketing (4) | $2,500 | $6,000 |
| Travel and Living Expenses During Training (5) | $1,500 | $2,000 |
| + 4 more categories (apply to see all) | ||
| TOTAL INVESTMENT | $109,500 | $279,500 |
Financial Performance Data
Access detailed revenue metrics, expense breakdowns, and profitability data from the Item 19 Financial Performance Representation.
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Apply for Free AccessIs Hallmark Homecare LLC a Good Investment?
Based on the FDD data, here are key factors to consider when evaluating a Hallmark Homecare LLC franchise opportunity:
Potential Advantages
- •Strong growth trajectory with 44.0% year-over-year expansion
- •Clean legal record with no disclosed litigation or bankruptcy
- •Financial Performance Representation (Item 19) available for review
Considerations
- •Smaller franchise network may offer less brand recognition
Disclaimer: This analysis is based on publicly available FDD data and should not be considered financial advice. Always consult with a franchise attorney and accountant before making any investment decision.
Frequently Asked Questions About Hallmark Homecare LLC
How much does a Hallmark Homecare LLC franchise cost?
The total initial investment for a Hallmark Homecare LLC franchise ranges from $109,500 to $279,500. This includes the franchise fee, equipment, inventory, real estate, and other startup costs as disclosed in the FDD.
What is the Hallmark Homecare LLC franchise fee?
The initial franchise fee for Hallmark Homecare LLC ranges from $59,500 to $204,500.
What are the ongoing fees for a Hallmark Homecare LLC franchise?
Hallmark Homecare LLC franchisees pay a 6% royalty fee and a 1% marketing/advertising fee on an ongoing basis.
How many Hallmark Homecare LLC franchise locations are there?
Hallmark Homecare LLC currently operates 36 franchise locations. This includes both franchised and company-owned units.
Quick Facts
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