FirstLight Home Care Reports Record Revenues for Franchisees as Senior Care Industry Booms
Franchisees of leading non-medical home care franchise on track to exceed $88 million in revenues, opens 16 new locations
CINCINNATI, Aug. 1, 2017 /PRNewswire/ -- FirstLight Home Care, a provider of quality, affordable, non-medical home care for adults, has set all new records for its national business growth. For the first and second quarters, the company has reported $41 million in gross revenues for franchisees, up 20 percent versus the prior year.
"Caring is our calling," said Jeff Bevis, CEO of FirstLight Home Care. "The growing elderly population is driving the demand for the types of services that we offer. Our depth of knowledge at franchisor level to support our franchisees in new markets have been a good lever for us. We are certainly a for-profit business, but our service-orientated culture of care and franchisees who are leaders in their local communities have been instrumental in the success that we've seen."
FirstLight offers complete non-medical companion and personal care services for seniors, new mothers, those recovering from surgery and other adults in need of assistance. Services include bathing and hygiene, walking and mobility assistance, continence and toileting assistance, as well as household services such as cooking, cleaning, and running errands.
Highlights for FirstLight Home Care during the first half of this year include:
Revenue
FirstLight reported a 20 percent growth in gross revenues for franchisees for the first and second quarters of this year. The company has been showing steady growth for the last few years with an average of 40-50 percent revenue growth year over year. FirstLight's franchisees are on track to exceed $88 million in gross revenues for 2017.
New Locations
The franchise opened 16 new locations in nine states since January. These include locations in Connecticut, California, Florida, Illinois, Kansas, Michigan, New York, North Dakota, and Texas. At least 10 more offices are set to open before the end of this year with locations awarded to entrepreneurs in California, Florida, Kentucky, Maryland, Minnesota, Missouri, Nebraska, and Nevada.
Since opening its first franchise location in 2010, FirstLight Home Care has more than 240 locations in 33 states that are fully operational or under development.
Awards
This year, FirstLight Home Care was honored with numerous awards. They are:
- Top low-cost franchise on Franchise Business Review's Top Low-Cost Franchise list for 2017
- Five Star Designation by the International Franchise Association's VetFran committee
- One of the best franchises to own as ranked by Franchise Grade
- Top franchise to own for women as ranked by Franchise Business Review's 2017 Top Franchises for Women Report
- Leading non-medical home care franchise on Franchise Gator's Fastest Growing Franchise List for 2017
- No. 25 Fastest Growing franchise, and No. 35 Top 100 franchise of 2017, as ranked by Franchise Gator
- Ranking on Entrepreneur's 2017 Franchise 500 list®
Other awards include Top Franchise for Veterans by Franchise Business Review, fourth-time ranking on Franchise Times' Top 200+ list, and a second consecutive Inc. 5000 ranking.
FirstLight Home Care continues to seek new franchise owners.
For more information about FirstLight Home Care's franchise opportunities, visit www.firstlightfranchise.com.
About FirstLight Home Care
FirstLight Home Care is a top rated non-medical home care provider with a network of offices that provides 85,000 hours per week in care for more than 2,700 clients in over 33 states. The company has created a new standard in home care by combining best practices with innovative approaches to make them an emerging market leader in a rapidly-growing industry. Companion and personal care services can be provided at private residences, assisted living and retirement communities, nursing homes, adult-family homes or group homes. Clients include seniors, new mothers, individuals recovering from surgery, adults with disabilities and anyone who might just need a little extra care or assistance. Visit www.firstlighthomecare.com to learn more.
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
[email protected]
SOURCE FirstLight Home Care
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