Right at Home Named Top Franchise to Buy by Forbes Magazine
Leading Senior Care Franchise Ranked as the No. 1 Low-Investment Franchise Opportunity
OMAHA, Neb. - July 19, 2016 // PRNewswire // - For the third consecutive year, Right at Home, a leader of the fast-growing in-home care industry, has been recognized by Forbes as one of "America's Best Franchises to Buy." This year, Right at Home snagged the No. 1 spot in the lowest-investment level category out of a selection of more than 3,300 active franchise brands.
"We're honored to be recognized - and recommended - by a well-respected source like Forbes in the best franchises to buy list," said Brian Petranick, president and CEO of Right at Home. "As we continue moving forward in our efforts to shape and revolutionize the in-home care industry, we're proud of our family of franchisees who have helped us get to where we are today."
To create the list, franchise industry research firm FRANdata ranked the best and worst franchises to buy according to the entry cost: the lowest-investment level franchises cost up to $150,000; medium-investment opportunities cost between $150,001 and $500,000; and the highest-investment level franchises are more than $500,000 to purchase. According to Forbes, FRANdata looked at five-year growth rates and five-year continuity rates, reviewing how often an individual franchise has changed ownership, among additional factors, to create the rankings.
"Receiving such an accolade is great validation for our continuous efforts to find ways to strengthen and enhance the entire Right at Home system," said Eric Little, chief development officer for Right at Home. "As we've continued to grow, we have never wavered in our dedication to finding only the most-qualified and passionate franchisees to help us continue to make as big of a difference as possible in the lives of our senior and disabled clients and their families."
Right at Home has long separated itself from the competition by emphasizing both training and support, focusing on the Right People providing clients with the Right Care. With more than 517 locations in eight countries and more than 22,400 caregivers and 18,500 clients, Right at Home is able to incorporate the best industry practices from its domestic and international partners into its business model.
Most recently, Right at Home teamed up with Philips to launch Well-Being Monitoring, a new type of blended care that includes non-camera-based sensors placed strategically in the home and connected to a dashboard in order for Right at Home's care staff to remotely monitor and detect any unusual activity. Together, Philips and Right at Home are redefining the home care landscape by offering a flexible and affordable blend of in-home and remote care options to proactively help seniors with cognitive and physical frailties who want to age in place safely.
"All of our caregivers and franchisees share our passion for improving the quality of life for our clients," said Petranick. "We are thrilled with the growth we've enjoyed in the past 20 years and look forward to continuing to set the standard for the in-home care industry in the years to come."
About Right at Home
Founded in 1995, Right at Home offers in-home companionship and personal care and assistance to seniors and disabled adults who want to continue to live independently. Local Right at Home offices are independently owned and operated and directly employ and supervise all caregiving staff, each of whom is thoroughly screened, trained, and bonded/insured prior to entering a client's home. Right at Home's global office is based in Omaha, Nebraska, with more than 500 franchise locations in the U.S. and seven other countries. For more information on Right at Home, visit About Right at Home at http://www.rightathome.net/about-us or read the Right at Home franchising blog at http://www.rightathomefranchise.com/blog/. To learn more about franchising opportunities, please visit http://www.rightathomefranchise.com/.
SOURCE Right at Home
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