Right at Home Is One of Just 50 Franchises to Be Recognized for Strong Financial Performance and High Franchisee Satisfaction Based on Research from Over 38,000 Franchise Owners
Omaha, NE, October 10, 2023 – Right at Home® was identified by Franchise Business Review as one of just 50 franchise brands to be named an award-winning franchise in its 2023 report on the Most Profitable Franchises.
Founded in 1995, Right at Home is the largest and fastest-growing in-home senior care franchise. With over 700 locations, the brand has a history of innovation, stellar customer satisfaction rates, and award-winning services. Right at Home has positioned itself as an industry leader as the senior care sector is expected to grow by leaps and bounds, giving franchisees the chance to make a difference in their local communities by becoming the leader of their own business. For more information on Right at Home, visit “Our Advantage” page at https://rightathomefranchise.com/our-advantage/
To identify the award-winning companies on the list of this year’s Most Profitable Franchises, Franchise Business Review analyzed data from over 38,000 franchise owners representing more than 385 leading franchise brands regarding their experience and satisfaction regarding critical areas of their franchise systems, including leadership, financial opportunity, training, marketing support, operational support, and franchise culture. Other factors considered overall investment level and average owner incomes. All brands on the list have at least 25% of their franchise owners earning annual incomes of $150,000 or higher.
The data also shows that franchisees from the 50 Most Profitable Franchise brands rate their satisfaction with their overall financial performance 19% higher than brands not on the list, and 9 out of 10 (90%) would “Recommend their franchise to others.”
“Overall, franchisee income numbers are down slightly, by five percent from last year,” said Eric Stites, founder and CEO of Franchise Business Review, “Which is not surprising given inflation and labor increases. However, larger, multi-unit franchises are fairing better this year, with reported incomes up by about five percent. It’s important to remember the income franchise owners can earn over time as they build equity in their businesses—to look at the whole investment and the long-term value of a business. Much of the wealth that business owners ultimately realize comes from long-term equity, which they cash out when they sell the business.”
Right at Home’s franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.
“Being recognized as a Most Profitable Franchise is a testament to the incredible dedication and hard work of our entire franchise network. This achievement isn’t just about financial wins; it’s a reflection of our unwavering commitment to innovation, resilience, and delivering exceptional value. It’s a milestone that inspires us to keep pushing boundaries, setting new standards, and empowering our franchisees to thrive in a constantly evolving landscape. This award fuels our passion to continue creating opportunities for success and prosperity within our franchise community,” Jen Chaney, Vice President of Franchise Development for Right at Home, said.
About Right at Home
Founded in 1995, Right at Home offers in-home care to seniors and adults with disabilities who want to live independently. Most Right at Home offices are independently owned and operated, and directly employ and supervise all caregiving staff. Each caregiver is thoroughly screened, trained, and bonded/insured before entering a client’s home. Right at Home’s global office is based in Omaha, Nebraska, with more than 700 franchise locations in the U.S. and five other countries. If you are interested in learning more or in owning a Right at Home franchise, please visit us at: https://rightathomefranchise.com/ or to read more about franchise ownership, visit our blog at: https://rightathomefranchise.com/forc/
About Franchise Business Review
Franchise Business Review (FBR) is the leading market research firm in the franchise sector specializing in franchisee satisfaction and employee engagement. Since 2005, Franchise Business Review has helped more than 1,100 franchise brands drive better results. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com.
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