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Below is an in-depth analysis and side-by-side comparison of Comfort Keepers vs CareMinders including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $157,500 - $245,000 | $138,100 - $199,000 |
Franchise Fee | $50,000 | $39,000 |
Royalty Fee | 3-5% | 3.75%-5% |
Advertising Fee | - | - |
Year Founded | 1998 | 2004 |
Year Franchised | 1999 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | $2500 |
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/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/- |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Finance, marketing, operational training available monthly | Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | We provide you with a copy of the official CareMinders� Home Care operations manual is your blueprint to building and growing your CareMinders� Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues. |
Operations | Franchise can be started from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |