|
Below is an in-depth analysis and side-by-side comparison of Comfort Keepers vs HomeWell Senior Care including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $157,500 - $245,000 | $96,400 - $221,800 |
Franchise Fee | $50,000 | $24,900 - $49,500 |
Royalty Fee | 3-5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1998 | 2002 |
Year Franchised | 1999 | 2003 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/- |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Finance, marketing, operational training available monthly | On-The-Job Training: 24 hours Classroom Training: 40 hours |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection |
Marketing | Co-op advertising, Ad slicks, Regional advertising | Ad Templates Social media SEO Website development |
Operations | Franchise can be started from home. International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. | Absentee Ownership Allowed |
Expansion Plans |
||
US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | Yes | - |
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.