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Grade
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Total Investment: $87,000 - $137,400
Franchise Fee: $49,000
Franchised Outlets: 208
Finances Disclosed:
Classroom Training:
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About Homewatch CareGivers

Homewatch CareGivers has a franchise fee of $49,000 with an initial investment range of $87,000 to $137,000. They offer protected territory and have a 10-year agreement term. Homewatch CareGivers discloses 2015 average gross revenues at $1,300,000 and range up to $5,800,000.


Made The Grade™ Certified

Our Franchise Analysts have professional reviewed this franchise and determined it to be a great investment. As such, we've awarded it our Mtg ribbon black certification, indicating that Homewatch CareGivers scored in the top 20%! As a Home Care franchise in the Personal Services sector, this franchise is at the top of its class.
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Why Homewatch CareGivers?

Founded by chemist and Army veteran Paul Sauer in 1980, Homewatch CareGivers International is one of the first home care franchises in the industry. CEO Leann Reynolds, a former Homewatch CareGivers franchisee, and the founder’s daughter, now continues the company mission to preserve dignity, protect independence and provide peace of mind for clients and their loved ones through exceptional care. Some of the ways that make Homewatch CareGivers unique include:
  • Proven model and history
  • Lifetime training guarantee
  • Proprietary, online training platform
  • Customized care plans
  • Industry expertise
  • Unique approach to care
  • Focus on support, not selling franchises
Lifetime Training Guarantee
Ongoing training and support is part of our Lifetime Training Guarantee, which allows owners to attend trainings and send staff to trainings at any time.
This ongoing training and support includes:
  • Annual Conference
  • Regional Trainings
  • Financial Performance and KPI Benchmarking
  • Training Videos and Webinars
  • Peer Groups
  • Detailed and Customized Business Reviews
Our Unique Care Approach
Homewatch CareGivers offers a unique approach to care to meet the home care needs of every client. We go far beyond focusing on the mechanics of care (e.g., companionship, dressing, bathing assistance, etc.); our approach is designed to partner with clients and their loved ones to deliver collaborative care based on individual needs, wants, and desires. We know each client is unique, therefore each care plan must be customized accordingly.

 




Ideal Traits in a Franchisee

Starting a business isn’t for everyone, and building an exceptional home care business takes a lot of hard work and passion. We have created a list of traits that we look for in our Franchisees, based on successful owners within our network, and ideal personal qualities we want representing our brand. As much as this process is about you finding out if you are right for this business, we are also committed to finding the right people to join our family.
Some of the qualities of an ideal franchise candidate include:
  • Ability to follow a proven business model
  • A focus on goal-achievement
  • Looking for a people-driven, service opportunity
  • Civic-minded; a community partner
  • Seeking an active role in ownership of a business
  • Experienced leader
  • Passion for our Mission, Vision, Values
  • Desire to create jobs
  • Communicative; likes to network
  • Willingness to collaborate on best practices with both the Support Center and other Franchisees
  • Healthcare experience is NOT required




A Day in the Life of a Senior Care Franchise Owner

A day in the life of a Homewatch CareGivers franchise owner can vary greatly. Franchisees are responsible for managing the strategic direction of the business and for creating a positive, client-centric culture. This is a people business, and the owner is responsible for managing the needs of clients, client families, referral sources, caregivers and office staff.

We have a flexible business model and work with owners on what roles they will play versus skills needed in hiring their office staff. Some owners choose to be the face of the company, and spend much of their time in the community networking and establishing referral partnerships. Other owners are more operations-focused, and choose to hire the marketing and sales position. We have the resources and tools to coach our franchise owners at whatever stage their business is in, and in the beginning to help owners understand where they best fit into the business based on their own strengths.
 




Franchisee Testimonials

“I am so grateful to own a Homewatch Franchise! We touch people's lives everyday through the positive work that we do by helping those in need and providing jobs to caregivers.” Kathryn Parks – Columbia, MD

“I’ve had many successes in my past career, but none have been more rewarding than giving back to my local community.” Tanya Finnerty – Carlsbad, CA

"By purchasing a franchise, we did not have to reinvent the wheel. The business systems and best practices are already in place." Larry Kempton – Green Valley, AZ
 

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Are you thinking about buying a Homewatch CareGivers franchise?

Congratulations! Homewatch CareGivers is an Mtg ribbon black / Made The Grade™ Franchise! Made The Grade™ franchises are some of the healthiest and most successful franchises. Homewatch CareGivers is one of 2,500+ franchise systems we grade and compare. It is compared to all Personal Services franchises and all Home Care franchises.


How much does it cost to open a Homewatch CareGivers franchise?

Homewatch CareGivers costs up to $137,400 to open. This includes a franchise fee of up to $49,000. You will also need additional funds, or working capital of $40,000 to have on hand when you open the franchise for costs such as advertising and staff wages.


Is Homewatch CareGivers a good franchise to buy?

Analyst Notes & Comparative Analysis


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Our Franchise Analysts have prepared detailed notes about Homewatch CareGivers, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties.

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