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Updated RecentlyHomewatch CareGivers vs Angel Companions Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs Angel Companions including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $89,125 - $151,875 | $55,750 - $81,950 |
| Franchise Fee | $49,000 - $61,500 | $30,000 |
| Royalty Fee | 5% | 5% graduated down to 3% |
| Advertising Fee | 1% | N/A |
| Year Founded | 1973 | 2004 |
| Year Franchised | 1986 | 2010 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | Medical experience is not required. A successful franchisee will have strong work ethics, possess a vision for their lives, have a willingness to learn, and a drive to succeed. People with demonstrated success in interacting with others and a desire to serve the community by making a difference in people's lives are a good fit for this business. | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support | Up to 3 individuals will attend a 40 hour training program at the corporate offices prior to the opening of your business. Six different instructors will review the start up process and provide valuable training on how to manage and grow your business. Field training will include sales, marketing, and live assessment visits in the client's home. |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Technical assistance in obtaining any required State licensure will be provided. During the first 4 months of operations we will spend a minimum of one day a month at your location to provide operational support and assistance. An Operations Manual will be provided to you and unlimited, on-going phone support is available. |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
| Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 30
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Homewatch CareGivers
Biochemist Paul A. Sauer founded Homewatch in 1973. The company's clients include the elderly, people recovering from illnesses and people being rehabilitated after injuries. Caregivers provide non-medical and limited health care services.
#116 on Entrepreneur's ranking of the top 150 franchises offering incentives and other programs to help veterans become franchisees
Veteran Incentives 10% off franchise fee
About Angel Companions
The Angel Companions organization is perfectly positioned for growth in the senior care franchise industry. Since our concept was founded, we have grown our client base dramatically, and demonstrated our reputation for compassionate care while bringing peace of mind to seniors and their families. It's knowing that we are truly making a difference in people's lives that makes every day special. And that's why we have always been committed to ensuring that not only are we providing quality in-home senior care, but that we also continually work to build a well-balanced team of professionals, improve our operational efficiencies through the use of the latest technologies, and stay abreast of trends and developments in our industry. Now, as the Angel Companions network expands, and strives to bring greatly needed services to seniors and families across the country, we need the help of qualified, motivated people like you to help propel us forward. With the Angel Companions senior care franchise program, you'll have the chance to own an independent business supported by our years of experience and you'll have the chance to make a difference in the lives of others, and in your own life as well! The time is right to get on board with a fast-growing, professionally-backed senior care franchise! For more information on the many benefits of the Angel Companions franchise program, for franchise owners and their communities, visit our Frequently Asked Questions page, request more information, or contact us at [email protected] or 610-644-8780.