Homewatch CareGivers Franchise Review

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Homewatch CareGivers is graded based on our most recent FDD research!

Franchise Information

Homewatch CareGivers franchises offer personal home care services, including senior care and home healthcare.

How much does a Homewatch CareGivers franchise cost?

Homewatch CareGivers has a franchise fee of up to $49,500, with a overall initial investment range of $91,435 to $167,185.

  • Initial Franchise Fee: $49,500
  • Total Investment: $91,435 to $167,185
  • Working Capital: $25,000 to $45,000
  • Royalty Fee: 5.0%

The upfront investment of any franchised business includes several fees. Check out this investment opportunity to better understand the specific costs required to buy a Homewatch CareGivers, such as territory fees, real estate costs, pre-opening marketing, and furniture and fixtures purchases. As a reminder, franchise companies must to provide you with details about all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay. Another important item to review is whether the upfront fees are refundable to you or not. The franchise system must disclose what conditions any of the upfront fees are refundable. A franchise must also provide details of a range of fees if their initial fees are not the same within the franchise. A thorough review of the Item 5 initial fees will give you the answers needed to make an informed investment decision this franchise.

Can you Afford an Homewatch CareGivers Franchise. Complete our Affordability Calculator to find out!

How much can I earn by owning a Homewatch CareGivers franchised business?

As with any new business, the franchise owner's salary and the earnings from a Homewatch CareGivers business depends on a variety of factors. One way to check on the potential revenues or profits earned from a Homewatch CareGivers franchise investment is to analzye the franchisor's Item 19 within their FDD. Typically, profits and owner's salary are equitable to the size of the investment and number of locations you buy. Demand for your products, your labor costs, commercial lease rates and several other variables also play a huge role in your bottom line and your personal salary

For more details and system-specific data on the earnings of a Homewatch CareGivers franchised business, unlock this franchise opportunity

How many franchise locations does Homewatch CareGivers franchise operate?

As of the 2021 Franchise Disclosure Document, there are 198 franchised Homewatch CareGivers locations across the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Homewatch CareGivers franchises in my preferred location?

Based on 2021 FDD data, Homewatch CareGivers has franchised locations in 31 states.

AL
AZ
CA
CO
CT
DE
FL
GA
ID
IL
KS
KY
MA
MD
MI
MN
MO
NC
NH
NJ
NV
NY
OH
OR
PA
SC
TN
TX
UT
VA
WA

Based on our research this franchise opportunity is growing into new cities and could be available in your city. While planning your franchise purchase, you always need to be considering what is a good location for my franchise. Review the potential customer base to assess that the area you are looking at has a need or a market for this business.

One of our franchise advisors will have detailed knowledge about this franchise opportunity. Sign up to learn more and talk with our experts.

Last Reviewed: 2021

Sector: Personal Services

Category: Home Care

Homewatch CareGivers Franchise INFORMATION

Total Investment
$91,435 - $167,185
Franchise Fee
$49,500
Franchise agreement
Initial Term
10 Years
Renewal Term
10 Years
Franchise outlet growth
2013
1,982
2020
198
Ongoing fees
Royalty
5.0%
ad fees
2.0%
# of franchised outlets
198

FAQS

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 537 hours. This includes 537 hours of classroom training, 0 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 0
Classroom 537
Total 537

Do they offer Territory Rights?

Homewatch CareGivers offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.

Do they have marketing and technology support in place?

Yes, Homewatch CareGivers offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did Homewatch CareGivers begin franchising?

They began franchising in 1993. The average Home Care franchise began franchising in 2009.


Does Homewatch CareGivers offer financing support?

Yes. They offer certain financing options within Item 10 of their FDD.

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