Home Instead vs CarePatrol Franchise Comparison

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

Start-Up Costs and Fees

 
Home Instead Franchise
CarePatrol Franchise
Investment $108,900 - $124,910$72,220 - $89,145
Franchise Fee $55,000$49,500
Royalty Fee 5%$500-1.5K/mo.
Advertising Fee 2%-
Year Founded 19941993
Year Franchised 19952009
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Home Instead Franchise
CarePatrol Franchise
Experience We know that our proven business model works, so finding the right type of owner is very important to us. They come from all walks of life and backgrounds, but we only award franchises to those who are willing to be involved in the business full-time. Also, while we can teach you to run a unique senior care business, our owners also must have a passion to make a difference in the lives of the elderly. Want to see if you have what it takes to be a Home Instead Senior Care franchise owner? Fill out our form here http://www.thefranchisemall.com/request/-

Financing Options

 
Home Instead Franchise
CarePatrol Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/Yes
Start-up Costs No/Yes-/Yes
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/Yes-/-
Payroll No/Yes-/Yes

Training & Support

 
Home Instead Franchise
CarePatrol Franchise
Training Every new owner must complete a week-long training class held at our global headquarters in Omaha, Nebraska. But training never really ends. Our Training Department assigns a business coach to each new franchise owner during the critical first months to assure a smooth and successful start-up. Beyond all this, training continues throughout your tenure as a Home Instead Senior Care franchise owner. A Business Performance team assigned to you will assist and support you throughout your development. Then, our annual convention, state meetings and mentoring program provide perfect opportunities for you to learn more about how to run your business including the introduction of new marketing programs and approaches to running your business. Taken together, these may be the most compelling reasons to own a Home Instead Senior Care franchise. On-The-Job Training: Mentoring program Classroom Training: 40 hours Additional Training: Online training, 5 weeks; webinars, on-site visits On-The-Job Training: 32 hours Classroom Training: 58 hours Additional Training: Online training
Support Over 100 Home Office staff draw on the collective Home Instead Senior Care network's 14 years of senior care experience to help you run your business efficiently. But, that's not all, our technical support team stands ready to coach you through any software and technology questions you may have. Support is available to you 24 hours a day, 7 days a week. 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 Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 9 - 12

Absentee ownership of franchise is NOT allowed.

Absentee Ownership Allowed

Number of Employees Required to Run: 1 - 2


Expansion Plans

 
Home Instead Franchise
CarePatrol Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Home Instead

Home Instead Senior Care was founded in 1994 by Paul and Lori Hogan.
Based in Omaha, Nebraska, it provides part-time, full-time and live-in nonmedical service for the elderly who can manage their physical needs but require assistance, supervision, light housework and companionship to remain in their homes.

Home Instead Senior Care has locations in the United States, Canada and Western Europe, and offers international master franchise opportunities.

Veteran Incentives  10% off franchise fee
 "Entrepreneur    "Franchisee   "Top      
                               
"franchiserankingscom"
#19 in Gator's Top franchises.       
#26 on Franchise Rankings.com
#156 in Franchise 500 for 2020.
#242 in Franchise 500 for 2021.










About CarePatrol

There are other choices in the Senior Care Franchise Industry other than in-home caregiving services. CarePatrol helps families find assisted living and other senior housing options for seniors. We refer our clients to top in home care providers or assisted living communities and receive a handsome commission each time our client chooses one of our providers’ services. Finish the day knowing you made a difference in someone’s life and a potential incredible income at the same time.

Founded in 1995 by a social worker after observing the personal trauma experienced by a family whose loved one had been placed in the wrong type of facility, CarePatrol became the pioneer organization of the now thriving senior placement industry. Today, under the careful direction of that same founder, we're helping families make safe choices all over America and are developing our brand with a steady and calculated growth to ensure a superior platform for the support of our franchisees nationwide.

CarePatrol assists seniors and their families with the difficult task of identifying the most appropriate residential facility or in-home care service in their area. Each of our offices are contracted with dozens of providers in their region and are paid handsomely every time a client is placed with one of them. The service is completely free to clients as our franchisees are paid directly by the providers. It's a business in which each party benefits and feels tremendous satisfaction every time the service is performed.

The senior placement business model has significant advantages over the homecare operations that have become so popular over the past decade. In addition to a much lower initial investment, without the ongoing expense, headache, and liability of employing caretakers, the total overhead and ease of operation is almost incomparable. Our one-of-a-kind marketing program distributes referrals provided by both headquarters and other franchisees for a 30% fee to the source on paid accounts.

Other senior placement brands have arisen in the recent past, but only one has remained true to its founding for 18 years with an impeccable track record of operations and an enormous collection of successful entrepreneurs eager to tell their story. Our recent annual convention was attended by 100% of our franchisees in a display of satisfaction and participation that's not only unmatched in our industry, but almost unheard of anywhere in American franchising.

Wise research and foresight has led you to explore senior services - one of the fastest growing markets of the future. With that, we now invite you to learn about the lucrative niche of "senior placement" ... from CarePatrol - America's original senior placement service.

The total investment necessary to begin operation of a single CarePatrol franchise ranges from $72,220 to $89,145. This includes $57,595 that must be paid to the franchisor or their affiliates.
The total investment necessary to operate a multiple unit CarePatrol franchise ranges from $126,745 to $197,545, which includes $97,595 for two units, or $132,595 for three units, that must be paid to the franchisor or their affiliates.
Veteran Incentives  Double order of initial marketing materials
""      "Top
#73 in Gator's Top franchises.
In Franchise Business Reviews Top 200.