Keepsake Companions vs Mastercare Franchise Comparison

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

Start-Up Costs and Fees
 
Keepsake Companions Franchise
Mastercare Franchise
Investment $57,671 - $116,521$117,800 - $215,450
Franchise Fee $33,721$28,000 - $37,000
Royalty Fee 5%-
Advertising Fee 2%-
Year Founded 20092012
Year Franchised 20120
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Keepsake Companions Franchise
Mastercare Franchise
Experience

Experience in providing care and in running a business will be extremely helpful. Also, we feel these skills will be very advantageous to a franchisee.  Compassion for seniors, and people in general. An entrepreneurial mindset. A desire to serve others and your community. Being comfortable with people and a good communicator. Willing to sell.

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Financing Options
 
Keepsake Companions Franchise
Mastercare Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Keepsake Companions Franchise
Mastercare Franchise
Training - Initial pre-start up training In house administrative training
Support - Accounting Home Care Management Software systems Troubleshooting
Marketing - Design support Events e.g. Senior Fairs Mass mailing support Print support Media: Broadcast and Internet Start up and ongoing marketing support
Operations

absentee or part time owner? NO

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Expansion Plans
 
Keepsake Companions Franchise
Mastercare Franchise
US Expansion YesYes
Canada Expansion --
International Expansion --

Company Overviews

About Keepsake Companions

Husband and wife team, Kristen and Henri Chazaud, founded Keepsake Companions in 2009 to "improve lives, one household at a time." The start up costs of $33,721 includes systems, training and support in a number of areas that include:  Office operations, hiring and scheduling. Pre-Opening guide, and trainings in San Diego and on site. A "Keepsake Coach" to guide you for the first three months. Daily operations manual and employee handbook.Keepsake Companion development and client care systems. "Culinary Companion" development. Marketing strategy, collateral materials and personal website.

Veteran Incentives  25% off franchise fee

About Mastercare

"Mastercare

.Mastercare intends for our franchisees to get the biggest bang for their buck in regards to the territory you are purchasing.
You are opening your franchise to not only help people in your local community, but also to ensure you are able to make a living.
Mastercare Franchise territories will service a population of approximately 75,000 to 250,000 people. For the initial Franchise Fee of $37,000 *, your territory is designed by zip codes, political or geographical boundaries. Your territory is PROTECTED, meaning that Mastercare will not sell another franchise within that defined territory throughout the life of your contract. We will help you evaluate the demographics of the area you are considering for your territory based on the geographic location, population, and isolation, etc.
Mastercare also understands that small, rural towns need just as much Homecare (and Healthcare) support as urban areas. Because of geographical barriers, owning a franchise in a rural area may not allow for as large of a client base. To encourage services in rural and underserved populations, Mastercare offers smaller territories, populations between 10,000 and 74,999 people, at a reduced Rural Franchise Fee of $28,000 *.


Royalties under your Franchise Agreement are among the lowest in the industry. The Mastercare franchise royalty fee structure follows a descending scale based on gross revenues.

The franchise is not a home-based business and must be operated from a commercial office location.