Visiting Angels Franchise Cost, Revenue & Review 2026
- Investment
- $125K – $171K
- Disclosed sales
- partial, no system average
- SBA charge-off
- 0.0%
- on 138 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Visiting Angels is a non-medical in-home senior-care franchise providing companionship and personal-care services. Franchisees run an agency recruiting and scheduling caregivers, placing them with families, and managing client relationships in a protected territory.
FranchiseVerdict summary · 2026
A Visiting Angels franchise requires a total initial investment of $125K – $171K, including a $52K – $90K franchise fee and an ongoing 3.5% royalty[2]. The 2026 FDD on file does not yield a unit-revenue figure we can publish. SBA 7(a) loans show a 0.0% charge-off rate across 138 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 4 headline figures on this page cite a page of the filing.
Overview
- Investment
- $125K – $171K
- 71st pct Senior Care
- Avg gross sales
- N/A
- Royalty
- 3.5%
- 3rd pct Senior Care
- Units
- 541
- 94th pct Senior Care
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Senior Care · color = vs category peers
Green = favorable by >10% vs Senior Care median · 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 $125K – $171K including a $52K franchise fee, 3.5% ongoing royalty.
- RETURNS2024 Revenue vs. Longevity Chart: 539 franchisees, cross-tabulated by 2024 annual revenue bucket (from $0-250K up to over $10M) against months since training completion (1-12 through 73+ months). Not a simple mean/median/quartile disclosure - it is a matrix of counts, so standard cohort quartile fields are not extractable in the schema's segment format.
- RISKVerdict A (Strongest tier), verdict score 80/100 (higher is better). SBA loan charge-off rate of 0.0% across 138 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHPositive: net +2 franchised outlets in the latest year (11 opened, 9 closed); 11 signed but not yet open (Item 20).
- DATAItem 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands. Ask franchisees directly for full unit-level revenue.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Living Assistance Services, Inc.
- CEO title
- President/CEO
- Lawrence Meigs
- Incorporated in
- DE
- HQ
- 937 Haverford Road, Suite 200, Bryn Mawr, PA 19010
- Auditor
- John D. Hilcher
- Audited financials
- Franchisor revenue
- $58.0M
- vs $52.8M prior year
Overview
About
- CEO
- Lawrence Meigs
- Headquarters
- PA
- Founded
- 1998
- FDD year
- 2026
- States available
- 50
Can you afford it, and what does the money buy?
Entry cost runs 9% above the typical senior care franchise.
Source: FDD 2026 · Items 5–7
FDD Item 7 · 2026 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $52K | $52K |
| Working capital (3–6 mo) | $50K | $50K |
| Equipment, build-out, other | $24K | $69K |
| Total initial investment | $125K | $171K |
Source: Visiting Angels 2026 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $125K – $171K
- Bottom third — review vs category
- Liquid capital req'd
- $50K – $50K
- Bottom third — review vs category
- Franchise fee
- $52K – $90K
- Middle of category vs category
- Royalty
- 3.5%
- typical 6–8%
- Ad fund
- 2.5% of your Gross Revenues if higher
- Total fee load
- 6.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 3.5% of gross sales |
| Transfer fee | $10K |
| Renewal fee | $10K |
| Total fee load | 6.0% of rev |
What do units actually make?
Source: FDD 2026 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for Visiting Angels is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Visiting Angels unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, ad fund rate, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
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: 2026 FDD
Financial Performance
2024 Revenue vs. Longevity Chart: 539 franchisees, cross-tabulated by 2024 annual revenue bucket (from $0-250K up to over $10M) against months since training completion (1-12 through 73+ months). Not a simple mean/median/quartile disclosure - it is a matrix of counts, so standard cohort quartile fields are not extractable in the schema's segment format.
- Item 19 type
- gross sales
- Sample size
- 550 franchisees
- vs category median 22 · large
- Reporting year
- 2024
- Fiscal year the figures cover
- Source filing
- FDD 2026
- Disclosed in the 2026 filing, covering 2024
Compared against 79 Senior Care brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 6.0% (near the Senior Care median).
Disclosure
Item 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
Operator retention
System roughly stable (+1.3% 3-year CAGR) with 541 units.
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 medians
How Visiting Angels Compares
Category median of published Senior Care brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2026 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 541
- Opened
- 11
- Last reporting year
- Closed
- 9
- Terminated
- 6
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 1
- Term expired, not renewed (per Item 20)
- Turnover rate
- 1.7%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (3-yr)
- -1.1%
- Net unit change over 3 years
- 3-yr CAGR
- +1.3%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 6
- Not renewed
- 1
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 11
- 0.02 per open outlet · Item 20 Table 5
- Projected new
- 7
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 7 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Where the owners are · Item 20 owner list
98 current owners across 7 states.
- CA 59
- CO 12
- AZ 10
- AL 7
- CT 5
- AR 4
- AK 1
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 138
- Loan volume
- $61.2M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 0.0%
- on 138 loans · rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 60
- Defaults
- 0
- Typical loan rate
- 7.1%
- avg rate to borrowers
- Franchised industry avg
- 7.5%
- brand beats franchise avg ↓
- Jobs supported
- 6,740
- 11.0 per loan
- Lender concentration
- 8%
- top lender's share
Borrower mix: 22% went to startups / new businesses, 78% to established operators
Franchise vs independent — in home health care services, franchised businesses charge off at 7.5% vs 11.5% for independents — franchising is associated with 35% lower SBA default risk in this category.
Vintage analysis
Visiting Angels charge-off rate by loan vintage
Top lenders financing Visiting Angels franchisees
Showing 3 of 60 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Visiting Angels from SBA 7(a) FOIA data.
- Principal loss rate
- 0.0%
- Avg SBA guarantee
- 67%
- Avg interest rate
- 7.08%
- Lender concentration
- 8.0%
- Job velocity
- 11.0 per $100K
- Startup risk premium
- 0.0pp
- NAICS benchmark
- 5.7%
- NAICS 621610
- Jobs supported
- 6,740
Top SBA lendersTop lender holds 8% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 11 | $2.9M | 0.0% |
| 2 | Live Oak Banking Company | 11 | $7.5M | 0.0% |
| 3 | CIBC Bank USA | 10 | $4.0M | 0.0% |
| 4 | JPMorgan Chase Bank, National Association | 7 | $841K | 0.0% |
| 5 | Old National Bank | 7 | $4.4M | 0.0% |
| 6 | American National Bank | 7 | $7.2M | 0.0% |
| 7 | Manufacturers and Traders Trust Company | 6 | $4.6M | 0.0% |
| 8 | UMB Bank, National Association | 4 | $489K | 0.0% |
| 9 | First Commonwealth Bank | 4 | $2.6M | 0.0% |
| 10 | SouthState Bank, National Association | 4 | $5.3M | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| OHOhio | 22 | 0 | 0.0% |
| TXTexas | 13 | 0 | 0.0% |
| MNMinnesota | 10 | 0 | 0.0% |
| ILIllinois | 8 | 0 | 0.0% |
| MAMassachusetts | 8 | 0 | 0.0% |
| PAPennsylvania | 8 | 0 | 0.0% |
| CACalifornia | 7 | 0 | 0.0% |
| COColorado | 7 | 0 | 0.0% |
| FLFlorida | 5 | 0 | 0.0% |
| NVNevada | 5 | 0 | 0.0% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
With a 0.0% charge-off rate across 138 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
539-unit home care system with positive equity ($3.25M net worth, $3.33M net income, $52.8M revenue), Item 19 disclosed and audited. 4 cases over 10 years are typical liability/wrongful-death claims for a caregiver business, insurer-defended and low relative to system size.
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
4 cases in last 10 years: (1) Vinchesi v. LASI et al. - client fall/malpractice claim, filed Jan 2025, insurer defending; (2) Jones/Snowdon v. LASI et al. - wrongful death claim re: caregiver timesheet policy, mediation underway; (3) Parker v. Stafford/Arnold/LASI - employee car accident third-party suit, insurer defending; (4) LAS v. Myers/Caregivers of Ohio and LAS v. Block - franchisor-initiated suits against former franchisees for breach of contract/trademark infringement, both settled ($7,500 and $10,000 paid by LAS; $25,000 paid to LAS respectively).
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · John D. Hilcher
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 80 / 100 verdict
- 01MINOR4 cases in 10 years, insurer-defended, normal for 539-unit home care
- 02MINORPositive equity $3.25M, net income $3.33M
- 03MEDItem 19 disclosed, audited, no bankruptcy/going-concern
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 6.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2026 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory sizeℹ | Zip Codes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Governing law | Pennsylvania |
| Litigation count | 5 |
View Item 3 litigation summary
4 cases in last 10 years: (1) Vinchesi v. LASI et al. - client fall/malpractice claim, filed Jan 2025, insurer defending; (2) Jones/Snowdon v. LASI et al. - wrongful death claim re: caregiver timesheet policy, mediation underway; (3) Parker v. Stafford/Arnold/LASI - employee car accident third-party suit, insurer defending; (4) LAS v. Myers/Caregivers of Ohio and LAS v. Block - franchisor-initiated suits against former franchisees for breach of contract/trademark infringement, both settled ($7,500 and $10,000 paid by LAS; $25,000 paid to LAS respectively).
Items 10, 11
Training & Operations
- Classroom training
- 26 hrs
- On-the-job training
- 0 hrs
- Site selection
- Franchisee selects; franchisor approves/disapproves
- Franchisor financing
- Not offered
- Item 10
- POS system
- QuickBooks Online
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: QuickBooks Online
Item 20 · call current owners
Franchisee Contacts
98 owners to call
Name · phone · city · state. Extracted from FDD Item 20
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Visiting Angels franchise?
The total investment to open a Visiting Angels franchise ranges from $125K – $171K, with an initial franchise fee of $52K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Visiting Angels franchise owners earn?
Item 19 of the Visiting Angels FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Visiting Angels?
Visiting Angels is franchised by Living Assistance Services, Inc.. Source: FDD Item 1, 2026 filing.
What is Item 19 in the Visiting Angels 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 Visiting Angels FDD and qualifies whose outlets they describe.
What is Visiting Angels's franchise failure rate?
Based on SBA 7(a) loan data, Visiting Angels has a charge-off rate of 0.0% across 138 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Visiting Angels franchise locations are there?
As of their most recent FDD filing, Visiting Angels has 541 total units in the United States, including 541 franchised units and 0 company-owned units. 11 new units were opened in the latest reporting year.
Is Visiting Angels a good franchise to buy?
FranchiseVerdict rates Visiting Angels as a A-grade franchise with a verdict score of 80 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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
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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.