| ||||
Updated RecentlySuperior Senior Care vs Homewatch CareGivers Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Superior Senior Care vs Homewatch CareGivers including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $24,000 - $39,000 | $89,125 - $151,875 |
| Franchise Fee | $20,000 | $49,000 - $61,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 1990 | 1973 |
| Year Franchised | 1999 | 1986 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | 20% | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
||
| Training | - | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support |
| Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations |
67% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
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 |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Superior Senior Care
Established in 1985, Superior Senior Care began in Hot Springs, AR in a one-room office with one phone. The mission of Superior Senior Care was basic: give caregiving help to seniors who need to remain in their homes either on the grounds that they needn't bother with full time care, or simply aren't open to leaving their homes to live in a private care office. Rita Hurst and Joe Pascual, proprietors, saw a creating market that should have been served. They additionally investigated the future and unmistakably observed that nursing homes would not have the capacity to deal with the weight of a detonating senior populace as children of post war America started to achieve retirement age.
Throughout the most recent thirty years, the market has developed drastically, similarly as they had predicted. Due to some extent to their endeavors, Medicaid and Long Term Care Insurance suppliers now pay for in-home care gave via parental figure registries, which has additionally expanded the quantity of individuals using these administrations.
Superior Senior Care is a Caregiver Registry since it is a plan of action in which the organization pioneers unequivocally accept. Instead of an office setting, or nursing home model, a Caregiver Registry offers:
Buyer - Directed Care
Bring down cost - ordinarily conveying quality tend to 10-30% not as much as offices
More noteworthy customer cooperation in choices concerning your care
Better progression of care
More grounded connections amongst customer and guardian
Bring down guardian turnover
Showcase driven parental figures performing at more elevated amounts
Superior Senior Care is conferred than giving its customers the most perfectly awesome guardians who give the most noteworthy nature of care in Arkansas. Your fulfillment is required for our proceeded with achievement - and that is the controlling guideline whereupon our organization is based.
About Homewatch CareGivers
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