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Home Instead

Home Instead

The total investment to open a Home Instead franchise ranges from $4.3M to $4.3M. The initial franchise fee is $54,000. Ongoing royalties are 5% plus a 2% advertising fee.

What is the Home Instead franchise?

Home Instead is the world's largest franchise network focused on in home senior care. Its services include companion care, personal care, Alzheimer's and dementia care, and other aging in place services. More than 1,200 independently owned and operated offices serve clients across 13 countries. Paul and Lori Hogan founded the company in Omaha, Nebraska, in 1994 after helping Paul's grandmother, Eleanor Manhart, remain at home. Today, more than 100,000 Care Professionals provide over 60 million hours of care each year. Honor Technology acquired Home Instead in August 2021, creating a combined $2.1 billion home care services company.

Eleanor Manhart was approaching 90 when the Hogan family promised she would not enter a care home. Paul and Lori built a professional service intended to offer the attention and respect of family care. Eleanor helped shape hiring practices by observing which prospective caregivers noticed her and greeted her warmly. This approach became the Eleanor Test. She lived past 100. Paul also brought nine years of franchising experience from Merry Maids and applied it to building a home care model that could expand across communities.

Home Instead began franchising in June 1995. By 1998, it had 99 offices and appeared among Entrepreneur magazine's 100 fastest growing franchise companies in America. International growth began in 2000 through a partner relationship with Duskin Corporation in Osaka, Japan. The company opened its 1,000th franchise location and entered China in 2013. It also established master franchise operations in the United Kingdom, Germany, Australia, Austria, Ireland, Italy, the Netherlands, New Zealand, and Switzerland. Paul Hogan received the International Franchise Association Entrepreneur of the Year award in 2007. In 2008, Home Instead created the Home Instead Center for Successful Aging with the University of Nebraska Medical Center. The brand dropped Senior Care from its name in February 2021.

Honor Technology, founded in San Francisco in 2014, developed a machine learning technology platform for home care operations and was backed by Andreessen Horowitz, Prosus Ventures, and Thrive Capital. It had raised $255 million in venture funding before acquiring Home Instead. The transaction created a $2.1 billion company in the projected $500 billion home care industry. Honor supplied technology for scheduling, billing, care matching, and operational analytics, while Home Instead contributed 27 years of franchise operations, caregiver training, and brand trust. In October 2021, Honor raised $70 million in Series E funding and $300 million in debt financing. The combined company was valued at over $1.25 billion. Marc Andreessen said the transaction would move senior care from analog to digital.

Home Instead has approximately 1,200 franchise offices worldwide, including roughly 613 franchised locations and 3 company owned locations in the United States. The network covers 13 countries. More than 240 franchise territories operated in the United Kingdom as of 2025, while Germany had over 110 franchises. Operations are also growing in Japan, Australia, and other international markets. In 2024, more than 100,000 Care Professionals delivered over 60 million hours of care to hundreds of thousands of families. Home Instead ranked 43 on the Franchise Times Top 400 with 1,225 units and ranked 153 in the 2025 Entrepreneur Franchise 500.

The 2025 Franchise Disclosure Document lists a total initial investment of $91,040 to $269,750. The initial franchise fee is $54,000, with a 20 percent discount for honorably discharged military veterans. Royalties range from 7 percent to 4 percent as revenue increases.

Home Instead provides non medical in home care for the physical, emotional, and social needs of older adults. Companion care includes conversation, recreation, walks, and social engagement. Personal care covers bathing, grooming, dressing, toileting, and mobility support. Its Alzheimer's and dementia services use a Person Centered Care Training program recognized by the Alzheimer's Association for incorporating evidence based Dementia Care Practice Recommendations. Gerontologist Lakelyn Hogan Eichenberger leads this work. Other services include meal preparation, nutrition planning, light housekeeping, transportation, medication reminders, 24 hour home care, hospital to home transition support, chronic condition management for heart disease, stroke, Parkinson's, cancer, and diabetes, respite care, veterans care, and hospice support coordination.

About 11,200 Americans turn 65 each day through 2027. In 2024, a record 4.1 million Americans reached age 65, with 4.18 million expected in 2026. The first Baby Boomers turned 80 in 2026, beginning a period expected to bring the highest acuity and greatest care needs over the next 15 years. About 90 percent of seniors want to age in place, and 93 percent of adults 65 and older have at least one chronic condition. The United States senior living market is valued at $943.9 billion in 2025 and projected to reach $1.33 trillion by 2033. The home care segment is projected to reach $176.3 billion by 2032.

The Honor Care Platform uses 22 AI algorithms across the franchise network. Its care matching system considers Care Professional preferences and client needs, while a mobile app lets caregivers select clients based on placement length and care requirements. Real time performance feedback, Salesforce integrated dashboards, and centralized billing, scheduling, and staffing support help owners focus on client relationships and business growth. The Honor Expert tool gives older adults and families support with aging and health decisions and provides another point for lead generation and client engagement.

New owners complete a week long initial training program at global headquarters in Omaha, taught by industry experts. They receive support from a dedicated business advisory team and access to web based training for owners, staff, and Care Professionals. Caregivers complete onboarding before serving clients. Eight online modules powered by Relias cover caregiving values, personal care skills, Alzheimer's disease, caregiver responsibilities, nutrition, and diseases common in older adults. In person training with a registered nurse takes place in a fully equipped training center. Home Instead invests over $1,000 in paid training time per caregiver, and graduates earn certification as Personal Care Homemakers. Monthly webinars led by Lakelyn Hogan Eichenberger provide Continuing Education credits.

Franchisee satisfaction scores exceed 85 percent. The company has received recognition as a Fast Company Brand That Matter and operates with the support of Honor Technology's $1.25 billion platform. PeerSense is not a lender.

Loan Activity Score

68/100

SBA Default Rate

1.1%

Active Lenders

116

Franchisees account for 619 of Home Instead's 625 locations. Public SBA loan records show 116 lenders made 445 loans to franchisees of Home Instead. PeerSense calculates Home Instead's score as 68 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.

2026 FDD VERIFIEDHome Health Care Services

Franchising since 1994 · 625 locations

Investment

$4.3M to $4.3M

Franchise Fee

$54,000

Total Units

625

619 franchised

Loan Activity Score
Very high
68
SBA Lending
25
Lender Quality
13
Transparency
10
Reach
10
Momentum
10

Proprietary PeerSense metric

Strong
Capital Sources
116SBA lenders

Distinct lenders in public SBA records for Home Instead

445

Total SBA loans

$561K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

Referral fee at closing

SBA Lending Activity for Home Instead

Loan Activity Score Breakdown

Major Brand (100+ loans)

Very High Confidence
68out of 100
Strong
Market Momentum10/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety25/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence13/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency10/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint10/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

1.1%

vs 10.8% peer avg

SBA Loans

445

Total Volume

$249.5M

Active Lenders

116

21 selective

States

44

vs. SBA Sector Average

+9.7%lower default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Low SBA default rate (1.1%)
Item 19 financial data disclosed
625 locations nationwide

Data Insights

Key performance metrics for Home Instead based on SBA lending data

SBA Default Rate

1.1%

9.7% below peer avg

SBA Loan Volume

445 loans

Across 116 lenders

Lender Diversity

116 lenders

Avg 3.8 loans per lender

Investment Tier

Premium investment

$4,329,593 to $4,329,593 total

Home Instead: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2022

38 approvals. The best year on record for Home Instead.

Top SBA State

California

31 SBA financed Home Instead locations, the densest operator footprint.

Average Loan Size

$561K

Median $350K. Use as a sizing anchor when modeling your own Home Instead unit.

Lender Concentration

49.4%

Concentrated

Share of Home Instead approvals captured by the top 3 SBA lenders.

Home Instead's SBA lending pipeline peaked in 2022 (38 approvals). The last five fiscal years account for 33% of cumulative volume ($111M approved). Operator density is highest in California with 31 SBA financed locations. Average funded ticket sits at $561K, with the median at $350K. Lender mix is concentrated: the top three SBA lenders account for 49.4% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$3.5M
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$44,819

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Home Instead, unit breakdown

Total Units
N/A
Franchisee Owned
n/a
System Owned
n/a
Closed
n/a

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5 FDDs Available for Home Instead

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Home Instead

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

  • PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
  • Edward L. Freeman founded PeerSense in January 2020.
  • He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
  • His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
  • In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed LinkedIn profileAbout Edward Freeman