Homewatch Caregivers

Overview

Website: homewatchcaregivers.com/franchise

Franchise Fee: $50,000

Royalties: 5% gross billings

Cash Investment: $80,000

Total Investment: $142,890 - $194,080

Net Worth: $350,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Homewatch CareGivers franchise locations provide home care and personal assistance to individuals who are aging, disabled or rehabilitating, which allows clients to remain living independently at home. Through training and ongoing support from our team, each Homewatch CareGivers franchisee is equipped to deliver the exceptional care and proprietary programs that provide peace of mind to clients and their loved ones.
Aging population – 20% of population will be 65+ by 2030
Desire to remain at home – 89% of seniors want to remain at home
Opportunity – Health care reform places more emphasis on continuous care for patients, making in-home care a more essential part of the health care system
Why Homewatch Caregivers
Proven franchise model – Since 1980
Unique, person-directed approach to care
Proprietary online business management system “Care+” with functionality that supports care approach
Technology to measure and track outcomes of care (important to health care providers/referral sources)
Professionally developed online University for training caregivers, staff and families
Strategic “Care to Stay” initiative that focuses on caregiver hiring and retention
Client acquisition model – unique to Homewatch CareGivers and proven, yet customizable
Multiple service levels - from companion and personal care to nursing services (*as allowed by state license)
OUR IDEAL FRANCHISEE
Homewatch CareGivers is looking for compassionate, goal-oriented people with a desire to help others and make a difference in their communities. Strong management and leadership skills are preferred, but medical and/or home care experience is not required.
We find that people with marketing, sales or operations experience are well suited for this industry. We also look for individuals with high, long-term income goals who are equally interested in improving the lives of others. Other traits we look for are strong people skills, the required amount of capital, financial stability, business/management background, the motivation and desire to succeed, and the willingness to follow a proven franchise system.
AVAILABLE MARKETS
States/Countries Registered In: Pending in WA, We are not registering in ND and RI
New York Consideration: Under current home care agency regulations in New York, there is a Certificate of Need needed to operate and there are currently challenges to prove that need. Therefore, we are not currently awarding in several counties in NY. The candidate needs to know that they would have to start with our active and wellness care levels only first. There is a moratorium on personal care however it is easier to present the need in Upstate NY but it still can take anywhere from 18 months-2 years to get a personal care license If you need a complete list of counties where we can develop or have any other questions, please contact us.
Oklahoma Consideration: The State of Oklahoma requires any person applying to take a test and there are only 4 schools in the state that offer the classes with limited offerings. If someone understands the working of the health system, it’s possible to get licensed. Please contact us for more details.
NOT Available: ND and RI; sold out in UT and ID and we are not franchising in Washington DC
Available in Canada: No
International Referrals: No
BACKGROUND
Year Established: 1980
Year First Franchised: 1996
Franchised Units: 224
Company Owned Units: 0
Home Based: No
Semi Absentee ownership: Consid

Why Homewatch Caregivers?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1980

Year Franchised: 1996

Home Based: No

Financial Details

Franchise Fee:$50,000
Total Investment Range: Single Unit: $142,890 - $194,080
Net Worth Requirement:$350,000
Royalty:5% gross billings
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: