Homewatch CareGivers vs CarePatrol Franchise Comparison

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

Start-Up Costs and Fees

 
Homewatch CareGivers Franchise
CarePatrol Franchise
Investment $89,125 - $151,875$72,220 - $89,145
Franchise Fee $49,000 - $61,500$49,500
Royalty Fee 5%$500-1.5K/mo.
Advertising Fee 1%-
Year Founded 19731993
Year Franchised 19862009
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

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

    Financing Options

     
    Homewatch CareGivers 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

     
    Homewatch CareGivers Franchise
    CarePatrol Franchise
    Training On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support On-The-Job Training: 32 hours Classroom Training: 58 hours Additional Training: Online training
    Support Newsletter Meetings/Conventions 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 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 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 - 2


    Expansion Plans

     
    Homewatch CareGivers Franchise
    CarePatrol Franchise
    US Expansion YesYes
    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

    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
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    #73 in Gator's Top franchises.
    In Franchise Business Reviews Top 200.