When it comes to healthcare, there are tons of business niches with a huge market to serve. For entrepreneurs, these present lots of investment opportunities.
Some examples of these healthcare niches include medical labs, ambulatory surgery centers, physical rehabilitation, and addiction treatment.
More healthcare niches you might find interesting as an entrepreneur include med spas, urgent care, mental health facilities, therapists, counselors, home health, hospice, healthcare staffing, mid-level providers, respiratory therapy & oxygen providers, telehealth, etc.
We’re not looking at building or starting healthcare businesses from scratch here. Instead, we’re considering franchise opportunities within the healthcare industries you can invest in.
Thankfully, there are lots of these to take advantage of.
Healthcare Franchise Opportunities
You’ll come across many opportunities in your quest to find the best healthcare investment options.
However, not all will be suitable for your needs. This section lists and briefly discusses some of these profitable options.
Several franchises are given to provide you with ample opportunities to select from.
Good examples include Bridgewater Home Care, Kare Plus, SylvianCare, Caremark, Promedica24, Hope Homecare, and Lastminute Care & Nursing.
More options include Comfort Keepers, Home Instead Senior Care, First Choice Pediatrics, AnswerCare, Stellar Senior Housing Experts, and Homekeepers International.
Other options include Qualicare, Visiting Angels Living Assistance Services, LivHOME, Growing Room, HomeJoy, and Just Like Family Homecare.
There are more options like ImageFirst, One You Love, Grisworld Home Care, etc.
i. Bridgewater Home Care
Bridgewater Home Care franchise offers candidates several incentives like a website & marketing profile and initial & ongoing in-depth training & support.
Other benefits include exclusive territories, a launch program, and a business model that’s tried and tested.
SylvianCare is another healthcare franchise you can own.
As its franchisee, you benefit from robust support covering several areas like assistance with a business plan, advice on locating suitable premises, exclusive territory, and exclusive marketing rights to your region.
What more? SylvianCare also offers support in areas like recruiting assistance, continual updates of policies & procedures, etc.
By investing in this healthcare franchise, you qualify for several benefits. Such include unrivaled support and attending an induction program.
More perks include having a highly profitable business, significant numbers, and rapidly growing operations. These and more put you on the path to success.
This is also included in our list of top healthcare franchises.
Promedica24 specializes in the provision of live-in care. As a franchisee, you get the benefit of full training as well as guidance & support.
Also, Promedica24’s franchise program comes with a 5-year agreement whose renewal is subject to set terms.
v. Hope Homecare
There are multiple reasons why Hope Homecare’s franchise opportunity is unique.
These include a hands-on approach and care unique to those who need it. What more? You aren’t left alone to figure out things by yourself as you get comprehensive support.
vi. Lastminute Care & Nursing
There are reasons why investors are attracted by Lasminute Care & Nursing’s franchise offering.
These include excellent training in all areas of operation. What more? Franchisees are offered three distinct revenue streams: agency provision, homecare, and supported living.
Your operations are backed by a support network of highly experienced professionals, thus guaranteeing your success. Guesswork is eliminated here, as you only need to follow existing systems and procedures to succeed.
vii. Comfort Keepers
This senior care franchise has a proven business model which it offers to its franchisees.
There are also internal financing provisions and comprehensive support and training programs. As a veteran, Comfort Keepers honors you with various benefits, including a 10% discount on the franchise fee.
viii. Home Instead Senior Care
To join Home Instead’s franchise opportunity, you’ll need an investment of $125,000 to $135,000.
You also enjoy an exclusive franchise territory, a business startup kit, cutting-edge marketing materials, a business performance support team, and extensive new owner training.
ix. First Choice Pediatrics
Here, you have another healthcare franchise program you can explore. However, you’ll need to decide whether it’s a suitable option.
This requires contacting and discussing with the franchisor. You can ask questions about First Choice Pediatrics while meeting the franchisor’s requirements.
AnswerCare is a home healthcare service that caters to seniors and persons with developmental disabilities. There are reasons you should explore this opportunity.
These include its exclusive territory, the chance to drive our business in a large protected region, and the leverage you get.
xi. Stellar Senior Housing Expert
You’ll need an investment of $50,000 and a franchise fee of $39,900 to join Stellar Senior Housing Expert’s franchise program.
Asides from its huge income potential, other benefits of investing include the chance to work from home, choose your work schedule, and a business expense of approximately 10 to 15% of gross.
xii. Homekeeper’s International
Homekeepers International offers to support services that include networking opportunities and the chance to attend state, regional, and national meetings.
The use of its logo, continuous and ongoing operational support, technical assistance, and many more are part of the benefits enjoyed.
xiii. Visiting Angels Living Assistance Services
Visiting Angels Living Assistance Services prides itself as America’s Choice in Homecare.
It’s a well-respected healthcare franchise you can join with a minimum investment of $49,950. There are provisions for part-time and full-time ownership.
Visiting Angels Living Assistance Services supports its franchisees with critical aspects of its operations, including marketing, protected territories, and more.
You’ll need a total investment of $75 and liquid capital of $40,000 to join LivHOME’s franchise program. While exploring this opportunity, you’ll need to find out what existing franchisees think about the business.
A detailed understanding of this franchise opportunity will require contacting the franchisor and answering your questions.
xv. Growing Room
There are bonuses when you join Growing Room’s franchise program.
Apart from its unique locations, Growing Room also helps franchisees with site selection and a rewarding work environment.
For details about the opportunity, fill in the franchise form.
A franchise representative contacts you to discuss the opportunities and assess your readiness for the investment. You get to ask as many questions as possible to understand all that pertains to the company.
The healthcare franchises discussed above have helped to provide basic information on what opportunities to explore. You’ll research each of these opportunities to launch your business well.