Homewatch CareGivers Franchise Comparison

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

Start-Up Costs and Fees

 
Homewatch CareGivers Franchise
Investment $89,125 - $151,875
Franchise Fee $49,000 - $61,500
Royalty Fee 5%
Advertising Fee 1%
Year Founded 1973
Year Franchised 1986
Term Of Agreement 10 years
Term Of Agreement 10 years
Renewal Fee -


Business Experience Requirements

 
Homewatch CareGivers Franchise
Experience
  • General business experience
  • Marketing skills
  • Industry experience helpful, compassionate, people-oriented, sales, manager

  • Financing Options

     
    Homewatch CareGivers Franchise
      In-House/3rd Party
    Franchise Fees No/Yes
    Start-up Costs No/Yes
    Equipment No/Yes
    Inventory No/Yes
    Receivables No/Yes
    Payroll No/Yes

    Training & Support

     
    Homewatch CareGivers Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support
    Support Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
    Marketing Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
    Operations 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

     
    Homewatch CareGivers Franchise
    US Expansion Yes
    Canada Expansion No
    International Expansion Yes

    Company Overviews

    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

    Veteran Incentives  10% off franchise fee