Boost Home Healthcare
Senior & Adult Services · Medical Home Care
- Active units
- 6
- Avg unit volume
- $1.7M
- Royalty
- 5.0%
Franchised, year-end 2023
of weekly Net Sales
About Boost Home Healthcare
Boost Home Healthcare is a brand that offers nurse-inspired home healthcare services aimed at helping individuals accelerate their outcomes, collaborate with doctors, and reclaim their health independence. With a focus on at-home care, Boost Home Healthcare raises the bar for quality and personalized care. Their services include skilled nursing, therapy (physical, occupational, and speech), certified home health aide, medical social worker, and other healthcare services. They have a patient-centric approach and prioritize effective communication and collaboration throughout the care process. Boost Home Healthcare offers affordable rates and various payment options, making their services accessible to a wide range of individuals. They also have referral partners who can help connect patients to their services. With an ELEVATED approach to home healthcare, Boost Home Healthcare aims to provide an exceptional patient experience and help individuals get a Boost back to better health.
Key terms
- Franchise fee
$60k
- Multi-Unit Development pricing
Two units: $110,000 total ($60,000 first, $50,000 second). Three units: $150,000 total ($60,000, $50,000, $40,000). Additional units thereafter $40,000 each.
- First Responder Discount
20% discount off the initial franchise fee for each unit purchased; not applicable to Conversion Franchises.
- Current Franchise Employee Discount
$15,000 discount off the initial franchise fee for qualified current employees; referring owner receives a $15,000 referral fee after payment.
- Brand fund
2.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Veteran discount
20.0% off franchise fee — 20% discount off the initial franchise fee for each unit purchased to individuals who qualify under VetFran; not applicable to Conversion Franchises.
Brand Percentile Rankings
Growth
- Total locations6
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate0.0%
Net unit growth versus prior year
- 3-year unit CAGR41.4%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.7M
Single franchise owner with four locations; not a systemwide average and excludes certain outlets per notes.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$235k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio7.4×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.