USA Today explains that a new report lists home health care as one of the top five most profitable franchises in the U.S. even as the industry fights new Dept. of Labor rules calling for mandatory overtime and minimum wage requirements for home health employees.
“Franchise Business Review, a market research firm, found that the median amount paid for a new franchise in 2012 was about $66,000, and the “potential return on investment is significantly higher than many other franchise businesses.”
The company surveyed home care owners two years ago and found the fairly new industry was growing fast, but this report, company President Michelle Rowan said, shows it’s not just a trend. “It’s a very strong business,” she said. “It was neat to come back two years later and see that they’re still performing well.”