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Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs HomeHealth24x7 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 | $24,500 - $90,200 |
Franchise Fee | $49,000 - $61,500 | $500 |
Royalty Fee | 5% | 1% |
Advertising Fee | 1% | - |
Year Founded | 1973 | 2015 |
Year Franchised | 1986 | 2015 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
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 | Yes/Yes |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | Yes/- |
Inventory | No/Yes | Yes/- |
Receivables | No/Yes | -/Yes |
Payroll | No/Yes | -/Yes |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support | Classroom Training: 37 hours |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | Co-op Advertising 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 | - |
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
Are you are looking for a senior care franchise, home health care franchise, or a home care franchise? HomeHealth24x7® offers franchisees the opportunity to provide medical and non-medical home care, senior care, workplace care, and healthcare staffing. Let us guide your through the process of selecting and establishing your home health care franchise. Your investment in a HomeHealth24x7® franchise providing senior care and healthcare staffing services may cost less than you think.