Dwelling Helpers Franchise Prices, Charges, Revenues, Earnings (2023 Assessment)

On this unique Franchise Chatter FDD Speak publish, you’ll be taught the next:

Part I – Estimated preliminary funding (franchise prices) for a Dwelling Helpers franchise, primarily based on Merchandise 7 of the corporate’s 2023 FDD

Part II – Preliminary franchise price, royalty price, and advertising price for a Dwelling Helpers franchise, primarily based on Gadgets 5 and 6 of the corporate’s 2023 FDD

Part III – Variety of franchised and company-owned Dwelling Helpers retailers in the beginning of the 12 months and the tip of the 12 months for 2020, 2021, and 2022, primarily based on Merchandise 20 of the corporate’s 2023 FDD

Part IV – Information updates on the Dwelling Helpers franchise alternative

Part V – Presentation and evaluation of Dwelling Helpers’ monetary efficiency representations (common revenues and/or earnings), primarily based on Merchandise 19 of the corporate’s 2023 FDD, together with info on the:

• 2022, 2021, and 2020 common, median, highest, and lowest Gross Revenues for the 50 highest-grossing, 50 lowest-grossing, and all franchised Dwelling Helpers Dwelling Care areas with an efficient date no less than one 12 months earlier than the start of the interval and which reported Gross Revenues in the course of the interval (individually said)

• 2022, 2021, and 2020 common, median, highest, and lowest Gross Revenues for all franchised Dwelling Helpers Dwelling Care areas with an efficient date no less than one 12 months earlier than the start of the interval and which reported Gross Revenues in the course of the interval, grouped by size of time within the Dwelling Helpers system

Part VI – Key ratios, comparables, computations, and analyses for the Dwelling Helpers franchise alternative (unique content material for Platinum subscribers)

Part I – Dwelling Helpers Franchise Prices

• Preliminary Franchise Price:  $48,900
• Tools and Furnishings:  $500 to $2,000
• Pc System:  $2,500 to $4,000
• Journey and Residing Bills Whereas Coaching:  $750 to $2,500
• Preliminary Lease, Phone, Financial institution, and Different Deposits:  $0 to $2,000
• Enterprise Foundations Package:  $9,750
• Licensing Price:  $0 to $15,000
• Month-to-month Workplace Rental Fee:  $0 to $1,250
• Insurance coverage:  $3,600 to $8,000
• Insurance policies and Procedures Handbook:  $950
• Extra Funds for 3 Months:  $33,000 to $55,000
• Whole Estimated Dwelling Helpers Franchise Prices:  $99,950 to $149,350

Part II – Dwelling Helpers’ Preliminary Franchise Price, Royalty Price, and Advertising and marketing Price

• Preliminary Franchise Price:  $48,900, plus an extra $500 for all or a part of each 1,000 individuals over 200,000
• Royalty Price:  6% down to three% of Gross Revenues; $500 month-to-month minimal till you develop into topic to the month-to-month Efficiency Requirements; after that, the minimal Royalty will vary from $1,800 to $3,600 monthly
• Branding Price:  2% all the way down to ½% of Gross Revenues; $500 month-to-month minimal till you develop into topic to the month-to-month Efficiency Requirements; after that, the minimal branding price will vary from $600 to $1,200 monthly
• Native Cooperative Promoting:  as much as 3% of your Gross Revenues until a majority of the cooperative members agree on the next contribution

Part III – Variety of Franchised and Firm-Owned Dwelling Helpers Shops

Franchised

2020

• Shops on the Begin of the 12 months:  310
• Shops on the Finish of the 12 months:  310
• Internet Change:  0

2021

• Shops on the Begin of the 12 months:  310
• Shops on the Finish of the 12 months:  308
• Internet Change:  -2

2022

• Shops on the Begin of the 12 months:  308
• Shops on the Finish of the 12 months:  304
• Internet Change:  -4

Firm-Owned

2020

• Shops on the Begin of the 12 months:  0
• Shops on the Finish of the 12 months:  0
• Internet Change:  0

2021

• Shops on the Begin of the 12 months:  0
• Shops on the Finish of the 12 months:  0
• Internet Change:  0

2022

• Shops on the Begin of the 12 months:  0
• Shops on the Finish of the 12 months:  0
• Internet Change:  0

Part IV – Information Updates on the Dwelling Helpers Franchise

Part V – Monetary Efficiency Representations (Common Revenues and/or Earnings) for the Dwelling Helpers Franchise (Merchandise 19, 2023 FDD)

• For every Dwelling Helpers franchisee, proudly owning a couple of franchise provides them a bigger protected territory by which they could function, however doesn’t require extra workplace areas. Usually, a Dwelling Helpers franchisee operates from a single workplace location, whatever the variety of franchises (i.e., territories) the franchisee owns.

• For probably the most half, the tables on this Merchandise 19 current historic Gross Revenues by “location,” not by franchise. Franchisees who personal a couple of franchise report their Gross Revenues as a single “location” for all of the franchises they personal – they don’t report their information by particular person franchise.

• Dwelling Helpers has included the information within the tables beneath as reported by its franchisees – by location – though doing so ends in increased income figures per franchise than it could if it was introduced by franchise.

• The info additionally disregards renewals, and transfers of a location from one proprietor to a different.

• For functions of this Merchandise 19, the “efficient date” of every location is the date the unique Franchise Settlement for that location turned efficient, whatever the variety of instances it was transferred or renewed.

• For instance, suppose Franchisee B owns 3 Dwelling Helpers Dwelling Care franchises, all of which he bought on the identical time from Franchisee A in 2015. The Franchise Settlement for Franchise 1 was signed by Franchisee A in 2007 and renewed in 2017 after Franchisee B bought it. The Franchise Settlement for Franchise 2 was signed by Franchisee A in 2010. The Franchise Settlement for Franchise 3 was signed by Franchisee B in 2017.

• Within the tables on this Merchandise 19, the Gross Revenues from Franchises 1, 2, and three could be aggregated collectively as a single location, and the “efficient date” of the placement could be 2007.

• All of the tables on this Merchandise 19 current historic Gross Revenues for franchised Dwelling Helpers Dwelling Care areas for the 12-month intervals ending on December 31, 2022, December 31, 2021, and December 31, 2020.

• For every of these intervals, solely information from areas with an efficient date no less than one 12 months earlier than the start of the interval and which reported Gross Revenues in the course of the interval have been included within the desk.

• The knowledge has been extracted from income studies submitted to Dwelling Helpers by its franchisees, and reported on an accrual foundation. Dwelling Helpers has not audited or independently verified the data.

Half 1 – Prime 50 Places

• The desk beneath presents the best, common, and median Gross Revenues from Dwelling Helpers’ 50 highest-grossing franchised Dwelling Helpers Dwelling Care areas for the 12-month intervals ending on December 31, 2022, December 31, 2021, and December 31, 2020.

2022

• Variety of Places:  50
• Variety of Franchises:  143
• Highest Gross Revenues:  $19,624,542
• Common Gross Revenues of Prime 50 Places:  $3,229,993
• Median Gross Revenues of Prime 50 Places:  $2,331,078
• Quantity and Proportion of Prime 50 Places That Attained or Surpassed the Common Gross Revenues:  15 (30%)
• Quantity and Proportion of Prime 50 Places That Attained or Surpassed the Median Gross Revenues:  25 (50%)

2021

• Variety of Places:  50
• Variety of Franchises:  138
• Highest Gross Revenues:  $15,436,164
• Common Gross Revenues of Prime 50 Places:  $2,986,250
• Median Gross Revenues of Prime 50 Places:  $2,146,182
• Quantity and Proportion of Prime 50 Places That Attained or Surpassed the Common Gross Revenues:  15 (30%)
• Quantity and Proportion of Prime 50 Places That Attained or Surpassed the Median Gross Revenues:  25 (50%)

2020

• Variety of Places:  50
• Variety of Franchises:  132
• Highest Gross Revenues:  $9,563,430
• Common Gross Revenues of Prime 50 Places:  $2,684,651
• Median Gross Revenues of Prime 50 Places:  $1,835,314
• Quantity and Proportion of Prime 50 Places That Attained or Surpassed the Common Gross Revenues:  15 (30%)
• Quantity and Proportion of Prime 50 Places That Attained or Surpassed the Median Gross Revenues:  25 (50%)

Half 2 – Backside 50 Places

• The desk beneath presents the best, common, and median Gross Revenues from Dwelling Helpers’ 50 lowest-grossing franchised Dwelling Helpers Dwelling Care areas for the 12-month intervals ending on December 31, 2022, December 31, 2021, and December 31, 2020.

2022

• Variety of Places:  50
• Variety of Franchises:  52
• Highest Gross Revenues:  $544,676
• Common Gross Revenues of Backside 50 Places:  $298,900
• Median Gross Revenues of Backside 50 Places:  $284,026
• Quantity and Proportion of Backside 50 Places That Attained or Surpassed the Common Gross Revenues:  24 (48%)
• Quantity and Proportion of Backside 50 Places That Attained or Surpassed the Median Gross Revenues:  25 (50%)

2021

• Variety of Places:  50
• Variety of Franchises:  52
• Highest Gross Revenues:  $409,298
• Common Gross Revenues of Backside 50 Places:  $230,504
• Median Gross Revenues of Backside 50 Places:  $215,182
• Quantity and Proportion of Backside 50 Places That Attained or Surpassed the Common Gross Revenues:  24 (48%)
• Quantity and Proportion of Backside 50 Places That Attained or Surpassed the Median Gross Revenues:  25 (50%)

2020

• Variety of Places:  50
• Variety of Franchises:  53
• Highest Gross Revenues:  $352,997
• Common Gross Revenues of Backside 50 Places:  $193,872
• Median Gross Revenues of Backside 50 Places:  $185,739
• Quantity and Proportion of Backside 50 Places That Attained or Surpassed the Common Gross Revenues:  24 (48%)
• Quantity and Proportion of Backside 50 Places That Attained or Surpassed the Median Gross Revenues:  25 (50%)

Half 3 – All Places

• The desk beneath presents the best, lowest, common, and median Gross Revenues for all franchised Dwelling Helpers Dwelling Care areas for the 12-month intervals ending on December 31, 2022, December 31, 2021, and December 31, 2020.

2022

• Variety of Places:  156
• Variety of Franchises:  282
• Highest Gross Revenues:  $19,624,542
• Proportion Change From Prior 12 months:  +27.1%
• Lowest Gross Revenues:  $20,888
• Common Gross Revenues of All Places:  $1,467,788
• Proportion Change in Common Gross Revenues From Prior 12 months:  +13.4%
• Median Gross Revenues of All Places:  $929,665
• Proportion Change in Median Gross Revenues From Prior 12 months:  +12.2%
• Quantity and Proportion of Places That Attained or Surpassed the Common Gross Revenues:  44 (28%)
• Quantity and Proportion of Places That Attained or Surpassed the Median Gross Revenues:  78 (50%)
• Variety of Single-Franchise Places:  93
• Common Gross Revenues of Single-Franchise Places:  $808,954
• Proportion Change in Common Gross Revenues of Single-Franchise Places From Prior 12 months:  +8.9%
• Median Gross Revenues of Single-Franchise Places:  $531,880
• Proportion Change in Median Gross Revenues of Single-Franchise Places From Prior 12 months:  +21.5%

2021

• Variety of Places:  165
• Variety of Franchises:  283
• Highest Gross Revenues:  $15,436,164
• Proportion Change From Prior 12 months:  +61.4%
• Lowest Gross Revenues:  $36,570
• Common Gross Revenues of All Places:  $1,294,431
• Proportion Change in Common Gross Revenues From Prior 12 months:  +10.0%
• Median Gross Revenues of All Places:  $828,726
• Proportion Change in Median Gross Revenues From Prior 12 months:  +9.1%
• Quantity and Proportion of Places That Attained or Surpassed the Common Gross Revenues:  47 (29%)
• Quantity and Proportion of Places That Attained or Surpassed the Median Gross Revenues:  83 (50%)
• Variety of Single-Franchise Places:  105
• Common Gross Revenues of Single-Franchise Places:  $742,992
• Proportion Change in Common Gross Revenues of Single-Franchise Places From Prior 12 months:  +1.3%
• Median Gross Revenues of Single-Franchise Places:  $437,693
• Proportion Change in Median Gross Revenues of Single-Franchise Places From Prior 12 months:  +4.6%

2020

• Variety of Places:  163
• Variety of Franchises:  280
• Highest Gross Revenues:  $9,563,430
• Proportion Change From Prior 12 months:  +15.6%
• Lowest Gross Revenues:  $11,895
• Common Gross Revenues of All Places:  $1,177,191
• Proportion Change in Common Gross Revenues From Prior 12 months:  +4.7%
• Median Gross Revenues of All Places:  $759,268
• Proportion Change in Median Gross Revenues From Prior 12 months:  +16.1%
• Quantity and Proportion of Places That Attained or Surpassed the Common Gross Revenues:  52 (32%)
• Quantity and Proportion of Places That Attained or Surpassed the Median Gross Revenues:  82 (50%)
• Variety of Single-Franchise Places:  103
• Common Gross Revenues of Single-Franchise Places:  $732,949
• Proportion Change in Common Gross Revenues of Single-Franchise Places From Prior 12 months:  -0.9%
• Median Gross Revenues of Single-Franchise Places:  $418,283
• Proportion Change in Median Gross Revenues of Single-Franchise Places From Prior 12 months:  -5.9%

Half 4 – All Places by Time in System

• The desk beneath presents the common and median Gross Revenues for all franchised Dwelling Helpers Dwelling Care areas for the 12-month intervals ending on December 31, 2022, December 31, 2021, and December 31, 2020, grouped by size of time within the Dwelling Helpers Dwelling Care system.

2022

25-48 Months

• Variety of Places:  24
• Variety of Franchises:  28
• Common:  $525,757
• Median:  $449,251

49-72 Months

• Variety of Places:  18
• Variety of Franchises:  25
• Common:  $995,949
• Median:  $800,906

73-96 Months

• Variety of Places:  25
• Variety of Franchises:  28
• Common:  $1,262,712
• Median:  $892,236

97-120 Months

• Variety of Places:  15
• Variety of Franchises:  24
• Common:  $906,435
• Median:  $925,924

>120 Months

• Variety of Places:  74
• Variety of Franchises:  167
• Common:  $2,071,491
• Median:  $1,344,475

All Places

• Variety of Places:  156
• Variety of Franchises:  282
• Common:  $1,467,788
• Median:  $929,665

2021

25-48 Months

• Variety of Places:  28
• Variety of Franchises:  35
• Common:  $642,759
• Median:  $499,215

49-72 Months

• Variety of Places:  18
• Variety of Franchises:  23
• Common:  $1,016,891
• Median:  $632,755

73-96 Months

• Variety of Places:  22
• Variety of Franchises:  30
• Common:  $862,716
• Median:  $518,961

97-120 Months

• Variety of Places:  20
• Variety of Franchises:  34
• Common:  $1,014,050
• Median:  $849,188

>120 Months

• Variety of Places:  77
• Variety of Franchises:  161
• Common:  $1,775,645
• Median:  $1,106,792

All Places

• Variety of Places:  165
• Variety of Franchises:  283
• Common:  $1,294,431
• Median:  $828,726

2020

25-48 Months

• Variety of Places:  26
• Variety of Franchises:  33
• Common:  $412,598
• Median:  $299,617

49-72 Months

• Variety of Places:  30
• Variety of Franchises:  46
• Common:  $822,657
• Median:  $677,734

73-96 Months

• Variety of Places:  14
• Variety of Franchises:  21
• Common:  $802,989
• Median:  $898,480

97-120 Months

• Variety of Places:  18
• Variety of Franchises:  32
• Common:  $1,427,026
• Median:  $682,812

>120 Months

• Variety of Places:  75
• Variety of Franchises:  148
• Common:  $1,593,954
• Median:  $1,089,822

All Places

• Variety of Places:  163
• Variety of Franchises:  280
• Common:  $1,177,191
• Median:  $759,268

• For the 12-month interval ending on December 31, 2022. The info on this column contains solely areas with an efficient date earlier than January 1, 2021 that reported Gross Revenues throughout 2022.

• For the 12-month interval ending on December 31, 2021. The info on this column contains solely areas with an efficient date earlier than January 1, 2020 that reported Gross Revenues throughout 2021.

• For the 12-month interval ending on December 31, 2020. The info on this column contains solely areas with an efficient date earlier than January 1, 2019 that reported Gross Revenues throughout 2020.

• There have been 304 Dwelling Helpers Dwelling Care franchises (every franchise consists of a single franchise territory) in operation as of December 31, 2022, which have been owned by 179 franchisees (or areas). Of these, 156 areas had an efficient date earlier than January 1, 2021 and reported Gross Revenues between January 1 and December 31, 2022.

• There have been 308 Dwelling Helpers Dwelling Care franchises (every franchise consists of a single franchise territory) in operation as of December 31, 2021, which have been owned by 199 franchisees (or areas). Of these, 165 areas had an efficient date earlier than January 1, 2020 and reported Gross Revenues between January 1 and December 31, 2021.

• There have been 310 Dwelling Helpers Dwelling Care franchises (every franchise consists of a single franchise territory) in operation as of December 31, 2020, which have been owned by 191 franchisees (or areas). Of these, 163 areas had an efficient date earlier than January 1, 2019 and reported Gross Revenues between January 1 and December 31, 2020.

• For functions of this Merchandise 19, “Gross Revenues” means the overall of all revenue arising from the operation of the placement, whether or not money or credit score. It’s acknowledged on an accrual foundation and no matter assortment, which signifies that a location’s Gross Revenues for any interval represents how a lot the placement billed its shoppers in the course of the interval, not how a lot the placement obtained.

• Gross Revenues doesn’t embody (i) the quantity of refunds or reductions made to shoppers in good religion, or (ii) the quantity of gross sales or excise taxes which can be individually said and that the franchisee is required to and does accumulate from shoppers and pays to the suitable taxing authority.

• For functions of this desk, “Time in System” means the variety of months the placement has been a Dwelling Helpers franchisee as of January 1 of the related 12 months, measured from the efficient date of the placement.

• The figures within the tables above don’t mirror the prices of gross sales, working bills, or different prices or bills that should be deducted from the Gross Revenues figures to acquire your internet revenue or revenue.

• These bills embody charges you’re required to pay Dwelling Helpers Dwelling Care underneath the phrases of your Franchise Settlement, akin to royalties, branding charges, and expertise charges.

Part VI – Dwelling Helpers Franchise Ratios, Comparables, Computations, and Analyses (Unique Content material for Platinum Subscribers) ⬇️