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Jim Judy
Raleigh, NC
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Homewatch Caregivers
Initial Investment
$92,310 – $154,000
Liquid Capital Required
$80,000
Franchise Fee
$50,000
Royalty
5%
Gallery
About Homewatch Caregivers
Homewatch CareGivers was founded in 1980 on the principles of delivering high-quality and compassionate care to people who need home care services. Today our Franchisees carry on those principles, from providing the assistance that helps people age, rehabilitate, or recover at home; to providing peace of mind for clients and their loved ones; to leaving a lasting impact on their communities and their families.
Homewatch Caregivers franchise owners provide full-service home care to people of all ages, and 80% of our services go beyond companion care. We are a support focused organization: Our training and support includes a lifetime training guarantee for owners and their staff.
We are a part of Authority Brands, this is a larger group of franchises (15) within the home services industry and supplier companies (2). This provides larger buying power, cross pollination of marketing, mind sharing, and future expansion for franchisees.
Why a Senior Care Franchise?
There are not many franchise concepts as recession/pandemic resistant as ours, because daily care is needed for many seniors and all ages regardless of economic factors. There are 10,000 every day turning 65. With a baby boomer population approaching 70 million people in this decade, the desire to age in place with dignity positions the homecare space to continue to experience double-digit growth. Aside from seniors, 35% of home care users are under the age of 65 which positions home care necessary for any one needing care and support. This is truly a business that allows owners to give back to their community and see the improved physical, mental and emotional impact of clients everyday.
Ideal Franchisee
Homewatch CareGivers is looking for compassionate, goal-oriented people with a desire to help others and make a difference in their communities. Strong management and leadership skills are preferred. We find that people with marketing, sales or operations experience are well suited for this industry. We also look for individuals with high, long-term income goals who are equally interested in improving the lives of others. This often comes from a personal experience with home care for a loved one. Other traits we look for are strong people skills, the required amount of capital, financial stability, business/management background, the motivation and desire to succeed, and the willingness to follow a proven franchise system. Medical and healthcare experience is not necessary.
Key Details
Initial Investment
$92,310 – $154,000
Liquid Capital Required
$80,000
Franchise Fee
$50,000
Royalty
5%
Total Units
235
Founded
1980
Began Franchising
1996
Status
Active
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