|
Below is an in-depth analysis and side-by-side comparison of Homewatch CareGivers vs Libertana including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $89,125 - $151,875 | $68,000 - And Up |
Franchise Fee | $49,000 - $61,500 | $30,000 |
Royalty Fee | 5% | 3% |
Advertising Fee | 1% | 2% |
Year Founded | 1973 | - |
Year Franchised | 1986 | - |
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 | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
||
Training | On-The-Job Training: 40 hours Classroom Training: 40 hours Additional Training: Ongoing support | Libertana has an exceptional, enviable franchisee training program. No need to fly to Beverly Hills, because we offer excellent online classes at Libertana University, where we teach you everything you need to build your own fantastic business. |
Support | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Our unparalleled franchisee support team ensures you have all the necessary support to build and maintain your business, and we work very closely with all our franchisees. |
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 |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
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
How Many Families Can You Help With Your Healthcare Franchise? It's up to you. You make your hours. You set your goals. With our support, you can run a large business devoted to helping others. While there are over 40 million senior citizens in the U.S. alone, they are an important and underserved demographic. The home health industry is a mult-billion dollar industry, and is one of the fastest growing areas of the economy. It is expected to grow at a rate of nearly 15% per year over the next 10 years, partly because the baby boomer generation is aging. By 2025, the U.S. will have over 65 million senior citizens. The number of senior citizens that need home health services and safety and mobility products is enormous, and you can have a business devoted to helping them.