LifeSpring In-Home Care Network FDD Summary
Type of Business
LifeSpring In-Home Care Network, L.L.C. offers you the opportunity to operate a LifeSpring home care business.
Corporate Information
LifeSpring In-Home Care Network, LLC is an Oklahoma limited liability company formed on March 15, 2012 as WellSpring In-Home Care Network, L.L.C. On May 1, 2013, they amended their articles of organization to change their corporate name to LifeSpring In-Home Care Network, L.L.C. Their principal business address is 2411 Springer Drive, Norman, Oklahoma 73069.
Investment
The total investment necessary to begin operation of a start-up LifeSpring franchise is estimated to fall within the range of $182,400 to $309,200. The foregoing range includes an initial franchise fee of $35,000 to $45,000 that must be paid to the franchisor.
Rather than starting up a new LifeSpring franchise, some of the franchisees choose to instead acquire an existing Medicare-certified, home health and/or hospice business at their own expense and convert such companies to LifeSpring franchises. The cost of acquiring an existing Medicare-certified, home-health or hospice business will vary based on many factors, including size, financial condition and location of the business, and, as such, the franchisor cannot estimate the costs of acquiring such business