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Below is an in-depth analysis and side-by-side comparison of Superior Senior Care vs CarePatrol including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $24,000 - $39,000 | $72,220 - $89,145 |
Franchise Fee | $20,000 | $49,500 |
Royalty Fee | 5% | $500-1.5K/mo. |
Advertising Fee | - | - |
Year Founded | 1990 | 1993 |
Year Franchised | 1999 | 2009 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 20% | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/Yes |
Training & Support |
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Training | - | On-The-Job Training: 32 hours Classroom Training: 58 hours Additional Training: Online training |
Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Co-op advertising, Ad slicks | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
67% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Established in 1985, Superior Senior Care began in Hot Springs, AR in a one-room office with one phone. The mission of Superior Senior Care was basic: give caregiving help to seniors who need to remain in their homes either on the grounds that they needn't bother with full time care, or simply aren't open to leaving their homes to live in a private care office. Rita Hurst and Joe Pascual, proprietors, saw a creating market that should have been served. They additionally investigated the future and unmistakably observed that nursing homes would not have the capacity to deal with the weight of a detonating senior populace as children of post war America started to achieve retirement age.
Throughout the most recent thirty years, the market has developed drastically, similarly as they had predicted. Due to some extent to their endeavors, Medicaid and Long Term Care Insurance suppliers now pay for in-home care gave via parental figure registries, which has additionally expanded the quantity of individuals using these administrations.
Superior Senior Care is a Caregiver Registry since it is a plan of action in which the organization pioneers unequivocally accept. Instead of an office setting, or nursing home model, a Caregiver Registry offers:
Buyer - Directed Care
Bring down cost - ordinarily conveying quality tend to 10-30% not as much as offices
More noteworthy customer cooperation in choices concerning your care
Better progression of care
More grounded connections amongst customer and guardian
Bring down guardian turnover
Showcase driven parental figures performing at more elevated amounts
Superior Senior Care is conferred than giving its customers the most perfectly awesome guardians who give the most noteworthy nature of care in Arkansas. Your fulfillment is required for our proceeded with achievement - and that is the controlling guideline whereupon our organization is based.
There are other choices in the Senior Care Franchise Industry other than in-home caregiving services. CarePatrol helps families find assisted living and other senior housing options for seniors. We refer our clients to top in home care providers or assisted living communities and receive a handsome commission each time our client chooses one of our providers’ services. Finish the day knowing you made a difference in someone’s life and a potential incredible income at the same time.
Founded in 1995 by a social worker after observing the personal trauma experienced by a family whose loved one had been placed in the wrong type of facility, CarePatrol became the pioneer organization of the now thriving senior placement industry. Today, under the careful direction of that same founder, we're helping families make safe choices all over America and are developing our brand with a steady and calculated growth to ensure a superior platform for the support of our franchisees nationwide.
CarePatrol assists seniors and their families with the difficult task of identifying the most appropriate residential facility or in-home care service in their area. Each of our offices are contracted with dozens of providers in their region and are paid handsomely every time a client is placed with one of them. The service is completely free to clients as our franchisees are paid directly by the providers. It's a business in which each party benefits and feels tremendous satisfaction every time the service is performed.
The senior placement business model has significant advantages over the homecare operations that have become so popular over the past decade. In addition to a much lower initial investment, without the ongoing expense, headache, and liability of employing caretakers, the total overhead and ease of operation is almost incomparable. Our one-of-a-kind marketing program distributes referrals provided by both headquarters and other franchisees for a 30% fee to the source on paid accounts.
Other senior placement brands have arisen in the recent past, but only one has remained true to its founding for 18 years with an impeccable track record of operations and an enormous collection of successful entrepreneurs eager to tell their story. Our recent annual convention was attended by 100% of our franchisees in a display of satisfaction and participation that's not only unmatched in our industry, but almost unheard of anywhere in American franchising.