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Updated RecentlyHomewatch CareGivers vs Home Care Assistance Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs Home Care Assistance including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $89,125 - $151,875 | $86,000 - $245,250 |
| Franchise Fee | $49,000 - $61,500 | $55,000 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | - |
| Year Founded | 1973 | 2003 |
| Year Franchised | 1986 | 2004 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | 10% of franchise fee |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | No/Yes |
| Start-up Costs | No/Yes | No/Yes |
| Equipment | No/Yes | No/Yes |
| Inventory | No/Yes | No/Yes |
| Receivables | No/Yes | No/Yes |
| Payroll | No/Yes | No/Yes |
Training & Support |
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| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support | On-The-Job Training: 20 hours Classroom Training: 40 hours Additional Training: At franchisee's location yearly, 2-3 days; Online training & conferences |
| Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line 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 | 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) | Absentee Ownership Allowed Number of Employees Required to Run: 1 - 4 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | No |
| International Expansion | Yes | 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
About Home Care Assistance
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If you are seeking a stable industry with guaranteed clients and virtually unlimited growth potential, look no further. Senior live-in home care is a rewarding and in-demand business and a perfect match for motivated entrepreneurs.
More than any other franchise concept in the senior care industry, Home Care Assistance 1-866-4-LiveIn is poised to help you take advantage of this tremendous opportunity in the emerging senior care market.
The total investment necessary to begin operation of a single HCA
Business is between $86,000 and $146,500. This includes $55,000 that
must be paid to the franchisor or an affiliate. The total investment
necessary to begin operation of an Area Development business will be a
minimum of $113,500, with no maximum. This includes a minimum of $82,500
that must be paid to the franchisor or an affiliate.