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Below is an in-depth analysis and side-by-side comparison of CareMinders vs Age Advantage 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 | $36,500 - $67,200 |
Franchise Fee | $39,000 | $24,900 |
Royalty Fee | 3.75%-5% | 3% |
Advertising Fee | - | - |
Year Founded | 2004 | 1998 |
Year Franchised | 2004 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/- | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
You have the entrepreneur spirit and want to control your earning potential. You don't mind working hard for the rewards of owning your own business, while caring for others. You realize the vast opportunities the home care market has to offer, maybe you don't know where to start. We can help!
We are looking for a team of owners across the nation who share in our mission and passion for quality care for seniors. You are provided with all the business and technical tools for a successful future.