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Below is an in-depth analysis and side-by-side comparison of CareMinders vs Retire-At-Home Services including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $138,100 - $199,000 | $59,500 - $69,500 |
Franchise Fee | $39,000 | $35,000 |
Royalty Fee | 3.75%-5% | 5% |
Advertising Fee | - | 1% |
Year Founded | 2004 | 1994 |
Year Franchised | 2004 | 2007 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2500 | - |
Business Experience Requirements |
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Experience | - | * Health care experience is preferred, but not required. * Business Experience. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/- | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | 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 | 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 | 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 | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
A REWARDING OPPORTUNITY! A "Booming" MARKET! Retire-At-Home is an exciting franchise opportunity that is poised for growth in the Home Health Care industry! Whether you are a health care professional or not, now is the time to enter this exciting market and enjoy the success and rewards of serving seniors in their homes! Here are a few facts you should know about Retire-At-Home: WE ARE SERVING A "Booming" MARKET! Your timing is perfect! The Canadian home health care market is already a multi-billion dollar industry and, as the Baby Boomers age, 1 in 4 people will be a senior within the next 20 years. OUR FRANCHISE PACKAGE IS COMPETITIVE! Large exclusive territories, unmatched support and training, specialized software, marketing materials, advertising and much more. Our package is built with profitability and growth in mind! ACCREDITATION IS PROOF OF OUR HIGH STANDARDS! Our systems and processes have been accredited by Accreditation Canada. WE HAVE A UNIQUE RECIPE FOR BUSINESS GROWTH! Our franchise model is based on the success of the flagship office that has 35 years of experience and employs more than 150 caregivers. WE WORK SIDE-BY-SIDE WITH YOU TO SUCCEED! Our dedicated Business Development Team will work with you through our unique 4-stage business development plan. We will teach you how to provide quality care to seniors while reaching profitability as quickly as possible. WIDE RANGE OF REVENUE STREAMS! As a franchisee you can serve the millions of Canadians who require health care and want to remain in their home. Services include: Personal Care. Nursing Care, Housekeeping, Outings, Case Management, Special Needs Care, and other services that help seniors remain safe and comfortable at home!
WE'RE IN YOUR CORNER When you purchase a Retire-At-Home franchise, you are purchasing more than just a business; you are joining a team of experts in home health care, business development and community relations, whose goal is to support you as a franchisee and help ensure your continued success. We take the guess work out of building your home health care business and will help you excel in the crucial areas of your operations. Excellent territories are now available in most of Canada! We are proudly Canadian, and designed to serve the Canadian healthcare system.