HomeWell Senior Care vs Mastercare Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of HomeWell Senior Care vs Mastercare including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
HomeWell Senior Care Franchise
Mastercare Franchise
Investment $96,400 - $221,800$117,800 - $215,450
Franchise Fee $24,900 - $49,500$28,000 - $37,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 20022012
Year Franchised 20030
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
HomeWell Senior Care Franchise
Mastercare Franchise
Experience --

Financing Options
 
HomeWell Senior Care Franchise
Mastercare Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/--/-
Start-up Costs -/Yes-/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
HomeWell Senior Care Franchise
Mastercare Franchise
Training On-The-Job Training: 24 hours Classroom Training: 40 hours Initial pre-start up training In house administrative training
Support Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Accounting Home Care Management Software systems Troubleshooting
Marketing Ad Templates Social media SEO Website development Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support
Operations Absentee Ownership Allowed-

Expansion Plans
 
HomeWell Senior Care Franchise
Mastercare Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About HomeWell Senior Care

At HomeWell Senior Care Franchises, we look for individuals who are passionate about helping others with dignity and honesty. We target people who have integrity, a sturdy work ethic, and a vision they are not afraid to pursue.
Individuals are often looking for quality care for their elderly loved ones. It can be difficult for family members to trust senior care facilities. This is where HomeWell stands out. Founded by a caretaker, we prioritize the needs of the elderly. We offer services that people can trust. As such, when you work with HomeWell, you work with a brand that is nationally recognized and respected! Call today to learn how you can start your own Senior Care business!
 Are you an entrepreneur striving to make a difference in the world? If so, HomeWell Franchises might be your calling.

Veteran Incentives  10% off franchise fee

About Mastercare

"Mastercare

.Mastercare intends for our franchisees to get the biggest bang for their buck in regards to the territory you are purchasing.
You are opening your franchise to not only help people in your local community, but also to ensure you are able to make a living.
Mastercare Franchise territories will service a population of approximately 75,000 to 250,000 people. For the initial Franchise Fee of $37,000 *, your territory is designed by zip codes, political or geographical boundaries. Your territory is PROTECTED, meaning that Mastercare will not sell another franchise within that defined territory throughout the life of your contract. We will help you evaluate the demographics of the area you are considering for your territory based on the geographic location, population, and isolation, etc.
Mastercare also understands that small, rural towns need just as much Homecare (and Healthcare) support as urban areas. Because of geographical barriers, owning a franchise in a rural area may not allow for as large of a client base. To encourage services in rural and underserved populations, Mastercare offers smaller territories, populations between 10,000 and 74,999 people, at a reduced Rural Franchise Fee of $28,000 *.


Royalties under your Franchise Agreement are among the lowest in the industry. The Mastercare franchise royalty fee structure follows a descending scale based on gross revenues.

The franchise is not a home-based business and must be operated from a commercial office location.