Homewatch CareGivers - Franchise
Looking for a business opportunity that generates a healthy return on investment, while allowing you to give back to others in your community? With a Homewatch CareGivers senior care business, you can turn your passion for helping others into a promising business for you and your family.
What Does a Homewatch CareGivers Franchise Cost?
To buy a franchise with Homewatch CareGivers, you'll need to have at least liquid capital of $80,000 and a minimum net worth of $350,000. Franchisees can expect to make a total investment of $92,310 - $154,000. Homewatch CareGivers charges a franchise fee of $50,000. They also offer financing as well as a discount for veterans (Veteran Discount: 30%). *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $80,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $350,000 What does Net Worth mean? |
| Franchise Fee: | $50,000 What does Franchise Fee mean? |
| Total Investment: | $92,310 - $154,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Available |
|---|---|
| Training: | Available |
| Veteran Discount: | Veteran Discount: 30% |
| SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
| Total Units: | 195 |
|---|---|
| Home Office: | Greenwood Village, CO |
| Year Founded: | 1980 |
| Franchising Since: | 1996 |
Homewatch Caregivers
Since 1980, Homewatch CareGivers® has been a premier provider of home care services, positively changing the lives of all those we serve. This industry-leading innovative home care franchise is perfect for any entrepreneur looking to open a franchise and support people in their community.
Average Gross Revenue:
$2.03 million*
About Homewatch Caregivers
Our Homewatch CareGivers franchisees offer a full range of home care services, from companion care to complex personal care. This unique approach to care is designed to provide meaningful companionship as well as practical and concrete aid that our clients require in their daily lives. Our care-giving services are not just limited to senior care but include after hospital care, after-surgery care, childcare, postpartum care, and more.
Now more than ever, people are choosing to stay at home as they age, which has created a high demand for high-quality home care services. As American seniors continue to live longer, the industry will only continue to grow. There’s never been a better, more urgent time to enter the home care space and provide our seniors with the dignified independence they deserve.
Why Choose Homewatch Caregivers?
Support and Training
- 6-Week Pre-training Program to get the business ready to open immediately after classroom training
- Week-long classroom training at the Homewatch Support Center in Denver, CO
- 52-week step-by-step Business Implementation Program guided by our team of Subject Matter Experts, identifies critical path items in Year 1
- On-Demand Online Caregiver Training - train caregivers with an online, caregiver training program
- One-on-one support with experts in finance, accounting, marketing, sales, operations, and IT
- Best practices & regulatory conference calls to remain on the leading edge of the industry
Marketing
- Monthly webinar on marketing topics
- One-on-one support with experts in marketing
- Market Action Plan to evaluate the local market and inform Marketing, Sales, and Operational tactics to accomplish goals
- Localized website that has blogs, SEO, and updated materials
The Ideal Candidate
- Looking for a people-driven, service opportunity
- Seeking an active, full-time role in building a business
- People management and leadership: Ability and desire to manage a variety of individuals. Hire, manage and retain capable operational/marketing staff and caregivers
- Make decisions, act, and shape teams
- Prioritize to achieve business goals
- Establish and execute a strategic plan to meet financial and operational goals
- Delegation: Hire to delegate the day-to-day activities, including care-giving and scheduling
- Prior experience in the health care field is not necessary
* See Item 19 of our 2022 Franchise Disclosure Document (“FDD”) for further details.
What Our Franchisees Are Saying
“I chose this in-home care company because of the support structure, they had me come out and meet them in person. They have a full year plan that is helping me be successful in my job, and they’ve helped me a lot.” - Miles Hartley (Overland Park, Kansas)
“When you join a franchise they give you the tools that are necessary for you to be successful. My favorite thing about owning a Homewatch CareGivers is the branding that comes with it, they have years of experience, and brand awareness.” - Jody Namoca (Aurora, Colorado)
“I looked at about half a dozen home care companies when I was deciding to open this franchise and there are a few reasons I went with Homewatch Caregivers, the first is their high standard of training!” - Matthew Peterson (New Haven, Connecticut)
“I can’t begin to tell you just how much more comfortable I feel with respect to the business after going through franchise owner training. It really connected a lot of dots for me. You have some really special people in Colorado on the HWCG team.” - Jeff Hufnagel (Yorba Linda, California)
“I am so grateful to own a Homewatch CareGivers Franchise! We touch people's lives every day through the positive work that we do by helping those in need and providing jobs to caregivers.” - Kathryn Parks (Ellicott City, Maryland)
Video
Awards
Homewatch CareGivers has received the following awards and acknowledgements:
Top 50 Franchise by Franchise Business Review, Franchise Business Review 10 Years Hall of Fame, Best of Homecare
Availability
Homewatch CareGivers is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, North Carolina, New Hampshire, New Jersey, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia
Interested parties should have at least $80,000 in liquid capital to invest.
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