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INTERIM HOMESTYLE SERVICES is the brand name for non-medical services provided by INTERIM HEALTHCARE, the country's oldest health care franchise organization. Interim franchise owners have one of the highest records of stability with an average collective of 20 years.
Franchisor Background
Year Established: 1956
Franchising Since: 1966
Operating Units: |
| Franchised Units: | 267 | | 92.4% | | |
| Company-Owned Units: | 22 | | 7.6% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 289 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 289 | | 100% | | In 39 States |
| Canada: | 0 | | 0% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 289 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Ohio | 26 | | 2. North Carolina | 27 | | 3. Florida | 24 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment: |
| Minimum Net Worth: | $100K |
| Cash Investment: | $35-70K |
| Total Investment: | $35-70K |
| Average Total Investment: | $52K |
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Fees: |
| Initial Franchise Fee: | $10K |
| Average Franchise Fee: | $10K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 0.25% |
Average Number of Employees: 3 Full-time, 0 Part-time
Space Needs (in square footage): N/A
Preferred Sites: Home-based
Other Sites: Exec. Suite
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | No |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | Yes, Member |
| Size of Corporate Staff: | 100 |
| Site Selection Assistance? | Yes |
| Lease Negotiation Assistance? | Yes |
| Financial Assistance? | Yes, Direct |
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Marketing Support: |
| Co-Op Advertising: | No |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Included in Fees |
| Central Purchasing: | Included in Fees |
| Field Operation Evaluation: | Included in Fees |
| Field Training: | Included in Fees |
| Initial Store Opening: | Included in Fees |
| Inventory Control: | Not Applicable |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Sunrise, FL | 1 Week |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 5 |
| General Business Experience: | 5 |
| Specific Industry Experience: | 2 |
| Formal Education: | 3 |
| Psychological Profile: | 3 |
| Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | 1 |
| Asian-American: | N/A |
| Hispanic: | 1 |
| Native American: | N/A |
| Other: | 2 |
| Specific Minority: | Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time. |
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Terms of Contract
| Term of Initial Contract: | 5 Year(s) |
| Term of Renewal Period: | 10 Year(s) |
| Passive Ownership: | Allowed, But Discouraged |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 5
| U.S.: | Yes, All United States |
| Canada: | No |
| Overseas: | Yes, Latin America, Mexico, Europe |
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