HomeWell Care Services

Overview

Website: www.homewellfranchising.com/

Franchise Fee: $5000

Royalties: 6%

Cash Investment: $50,000

Total Investment: $69,401 - $233,912

Net Worth: $250,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

HomeWell Care Services is one of the fastest growing home care franchises in the industry. We offer a wide range of non-medical in-home care, personal care, companionship and home maker services for seniors and other homebound individuals, so they can remain safely in the comfort of wherever they call home. HomeWell is committed to helping people live life more fully and offers special programs for fall prevention, post-medical care, and life-enrichment.
HomeWell Care Services has over 120 open locations representing over 200 territories across the U.S. The company has a strong pipeline of new agencies set to open. HomeWell has been recognized as a Franchise Business Review Top 100 low investment franchise and continually ranks on the Entrepreneur Franchise 500 list.
The home care industry is thriving!
Low Investment
High revenue to investment ratio
Scalable with little additional funding (Multiple territories can operate from 1 office)
Nearly 10,000 baby boomers will turn 65 each day over the next 15 years, fueling the aging population explosion
In 2030, 1- out-of-5 Americans (72 million people) will be 65 or older
40% of adults 65+ need assistance with activities of daily living
The average distance between adults 60+ and their family members is 280 miles
30% of home care clients are under the age of 65!
The estimated dollar value of informal care that family and friends provide for older Americans totals $522 billion a year – more than Medicaid spending in 2014
Why we feel home care industry should be considered:HomeWell has experienced record-setting growth strengthening our national scale and presence. We are continually investing in our brand—resulting in strong equity for you.
To ensure we deliver on what’s important to the families and clients we serve, we engage in ongoing consumer and brand research. We also rely on our research to develop the most effective messaging and discover the best channels to promote the HomeWell brand among clients, families, referral partners, and the community.
OUR IDEAL FRANCHISEE
HomeWell Care Services is at the forefront of one of North America's fastest growing industries. We are currently seeking entrepreneurs who are motivated for life-changing success while making a difference in the lives of others. We are looking for franchisees to join the HomeWell family who seek a rewarding and meaningful experience. They should enjoy helping people, be a front runner, and want unlimited potential in a growing industry. Here are a few other characteristics that HomeWell franchisees should possess:
Have the desire to make a difference in the lives of seniors and their families
Have the ability to follow a plan
Have a strong vision for your future and your business
Have a sales competency or the ability to hire a salesperson
Net Worth of $250,000
Liquid capital $150,000
AVAILABLE MARKETS
States Registered In: All
HOT Regions/Desirable: Targeted Territories:
Albuquerque, NM
Atlanta, GA
Boise, ID
Charleston, SC
Cleveland, OH
Columbia, SC
Gainesville, FL
Hartford, CT
Indianapolis, IN
Jacksonville, FL
Milwaukee, WI
Minneapolis, MN
New Haven, CT
Oklahoma City, OK
Providence, RI
Tulsa, OK
Available in Canada: No
International Referrals: No
BACKGROUND
Established: 1996
First Unit Franchised: 2003
Franchised Units: 125
Company Owned Units: None
Average Number of Employees: 3 to start (typically includes the owner operator)
Absentee Ownership available: NO
Semi-Absentee Ownership av

Why HomeWell Care Services?

Our Ideal Franchisee

Available Markets

Background

Year founded: 1996

Year Franchised: 2003

Home Based: No

Financial Details

Franchise Fee:$5000
Providing Earnings Guidance in Item 19 in FDD:YES
Total Investment Range: Single Unit: $69,401 - $233,912
Net Worth Requirement:$250,000
Royalty:6%
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: