Always An Angel Homecare Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
Always An Angel Homecare is a senior care franchise providing non-medical in-home care and companionship. Franchisees run local agencies, recruiting caregivers and managing scheduling, client care, and billing.
FranchiseVerdict summary · 2026
A Always An Angel Homecare franchise requires a total initial investment of $86K – $134K, including a $48K franchise fee and an ongoing 5.0% royalty[2]. Per the 2022 FDD, average unit revenue was $1.5M[2]. FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2022 FDD issuance
Overview
- Investment
- $86K – $134K
- 35th pct Senior Care
- Avg gross sales
- $1.5M
- Company-owned onlyn=223rd pct Senior Care
- Royalty
- 5.0%
- 3rd pct Senior Care
- Units
- 2
- 3rd pct Senior Care
- SBA charge-off
- N/A
Quick verdict · Senior Care · color = vs category peers
Green = favorable by >10% vs Senior Care avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $86K – $134K including a $48K franchise fee, 5.0% ongoing royalty.
- RETURNSAverage unit revenue of $1.5M/year (company-owned outlets only - not franchisee performance).
- RISKVerdict D (Below average), verdict score 36/100 (higher is better).
- FLAGRevenue data based on only 2 reporting units. Treat as directional, not definitive. Ask franchisees directly for current unit economics.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Always An Angel Franchising, Inc.
- Parent company
- None
- CEO title
- CEO
- Stephen J. Velichko
- CEO experience
- 2017 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- NY
- HQ
- 21 Peekskill Hollow Road, Suite 204, Putnam Valley, New York, 10579
- Auditor
- Akiva Manne CPA
- Audited financials
- Franchisor revenue
- $0
- vs $0 prior year
Overview
About
- CEO
- Stephen J. Velichko
- Headquarters
- NY
- Founded
- 2017
- FDD year
- 2022
- States available
- 1
Can you afford it, and what does the money buy?
Entry cost runs 58% below the typical senior care franchise.
Source: FDD 2022 · Items 5–7
Full Item 7 breakdown15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $48K | $48K | |
| Travel and Other Expenses While Training | $1K | $3K | |
| Rent - 3 Months | $2K | $5K | |
| Lease Security Deposit | $750 | $2K | |
| Utility Deposits | $250 | $750 | |
| Leasehold Improvements | $2K | $6K | |
| Furniture and Fixtures | $2K | $3K | |
| Signage | $500 | $3K | |
| Computer System | $2K | $4K | |
| Insurance | $3K | $8K | |
| Initial Inventory | $100 | $950 | |
| Grand Opening Advertising | $3K | $8K | |
| Permits/Licenses | $100 | $500 | |
| Professional Fees | $1K | $3K | |
| Additional Funds - 3 Months | $20K | $40K | |
| Total initial investment | $86K | $134K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $86K – $134K
- Top 40% of category vs category
- Liquid capital req'd
- $20K – $40K
- Top 40% of category vs category
- Franchise fee
- $48K – $48K
- Top 40% of category vs category
- Royalty
- 5.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $160 |
| Training fee | $2K |
| Transfer fee | $24K |
| Renewal fee | $5K |
| Inventory (initial) | $100 – $950 |
| Total fee load | 7.0% of rev |
What do units actually make?
Average unit sales land near the senior care norm.
Company-owned outlets only - not franchisee performance
Based on a sample of only 2
Source: FDD 2022 · Item 19
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$266K
18.0% margin
Unlevered ROIC
191%
EBITDA / total invested capital
Payback
6 mo
cash-on-cash, unlevered
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
What one unit earns on your invested capital
Model A · Single-Unit Return
Computes unlevered return on invested capital (ROIC) for a single franchise unit. The target band for an attractive franchise is 30–60% ROIC. Below that and a passive index fund likely outperforms; above that and the franchisor has pricing power you're subsidizing.
Note: Item 19 revenue is what the franchisor discloses. It's the top line only. Operating costs below are category estimates. Override them to match your real lease quote, labor market, and build-out budget.
Returns model · single-unit ROIC
What would one Always An Angel Homecare unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
191%
Above the 30–60% band. Verify revenue is per-unit average
What 25 units return when you use SBA financing
Model B · Return on Equity: Debt-Financed Acquisition
Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).
This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.
What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.
Levered LBO scenario · Yale Crease Capital framing
What would 25 Always An Angel Homecare units return on equity?
Equity IRR · 5-yr
32.6%
4.10× MOIC
Year-1 DSCR
2.48×
EBITDA ÷ debt service
Equity required
$6.4M
on $16.3M purchase
Total debt
$9.9M
SBA $5.0M + senior + seller note
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2022 FDD
Financial Performance
Company-owned outlets only - not franchisee performance
Based on a sample of only 2
- Avg gross sales
- $1.5M
- Per unit, per year
Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.
- Item 19 type
- affiliate sales
- Sample size
- 2
- vs category median 22 · small
- Range (low → high)
- $305K→$1.6M
- Cohort dispersion (min → max)
- Reporting year
- 2018
- Fiscal year the figures cover
- Source filing
- FDD 2022
- Disclosed in the 2022 filing, covering 2018
- Transparency
- 4 / 10
- vs category median 4 / 10 · typical
Compared against 79 Senior Care brands
Revenue is 13.5x the investment midpoint. At typical franchise margins, this suggests a payback under 3 years.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Unit economics
Average unit generates $1.5M/year in gross sales. Revenue-to-investment ratio: 13.5x. Company-owned outlets only - not franchisee performance.
Fee burden
Total ongoing fee load of 7.0% (near the Senior Care average).
Disclosure
Transparency score 4/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence. Sample size of 2 units — treat as directional only.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Senior Care averages
How Always An Angel Homecare Compares
Is the system healthy?
Source: FDD 2022 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 2
- Opened
- 0
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 2
- Corporate units in the system
- % franchised
- 0%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 0
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
- Projected new
- 0
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Extremely early-stage franchise with corporate financial distress indicators, minimal unit base, and opaque profitability data creates substantial investment risk.
Litigation (Item 3)
No litigation required to be disclosed.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Akiva Manne CPA
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 36 / 100 verdict
- 01MINOROnly 2 units in entire system indicates minimal scale and unproven franchise model replicability
- 02HIGHGoing Concern designation suggests financial instability or solvency questions at corporate level
- 03MEDNo disclosed net income data prevents accurate ROI validation and profitability assessment
- 04MINORHigh franchise fee ($48,000) relative to tiny unit count raises sustainability concerns about franchisor viability
- 05MINORUnknown growth trajectory with only 2 units creates uncertainty about system expansion capability
- 06MED5% royalty on $922K average revenue = $46K annual ongoing fee compressed against undisclosed net margins
- 07MINORNo litigation disclosure combined with 'Going Concern' status suggests potential unreported legal or financial issues
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 7.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2022 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 4 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 200,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Arbitration location | Putnam County, New York |
| Jury trial waiver | Yes |
| Governing law | NY |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed.
Items 10, 11
Training & Operations
- Classroom training
- 43 hrs
- On-the-job training
- 0 hrs
- Training location
- Putnam Valley, NY (in-person) and Online (pre-training)
- Ongoing training
- Required
- Field support
- 20 hrs/yr
- On-site visits per year
- Time to open
- 2 mo
- From signing to launch
- Site selection
- franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
Items 5 & 11
Franchisor Support
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Always An Angel Homecare franchise?
The total investment to open a Always An Angel Homecare franchise ranges from $86K – $134K, with an initial franchise fee of $48K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Always An Angel Homecare franchise owners earn?
According to Item 19 of the Always An Angel Homecare FDD, the average gross sales per unit is $1.5M. Important context: Company-owned outlets only - not franchisee performance; Based on a sample of only 2. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Item 19 in the Always An Angel Homecare FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Always An Angel Homecare FDD and qualifies whose outlets they describe.
What is Always An Angel Homecare's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Always An Angel Homecare (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Always An Angel Homecare franchise locations are there?
As of their most recent FDD filing, Always An Angel Homecare has 2 total units in the United States, including 0 franchised units and 2 company-owned units.
Is Always An Angel Homecare a good franchise to buy?
FranchiseVerdict rates Always An Angel Homecare as a D-grade franchise with a verdict score of 36 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Always An Angel Homecare, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.