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  Home  >>  Health & Fitness  >>  In-Home Health Care




Homewatch CareGivers
7100 E. Belleview Ave., #303
Greenwood Village, CO 80111
      Top100

Submit an online form to receive information from Homewatch CareGivers.
Business Description

Homewatch CareGivers is the largest and most experienced full-service home care franchise that enables our franchisees to capture the largest market share possible. Our 29 years of medical and non-medical experience translates to success. In addition to the widest range of home care services, we offer the most individual revenue streams of any home care franchise, including Minor Medical Services • Nursing Services • Care Management Services • Transportation Services • Temporary Medical Staffing Services • Telehealth with Remote Care Monitoring • Veteran’s Outreach Program • Medical Tourism Partnerships • our exclusive Pathways to Memory® Alzheimer’s Program • our exclusive Work/Life Home Care® Back-Up Care Program.

Franchisor Background

Year Established:  1980

Franchising Since:  1996

Operating Units:

Franchised Units:

173

98.3%
Company-Owned Units:31.7%
 
Total Operating Units:
176
100.0%
 
Geographic Distribution:
U.S.:15789.2%In 33 States
Canada:126.8%In 2 Canadian Provinces
International:74%In 4 Foreign Countries
 
Total:
176
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California22
2. Colorado11
3. Texas10

Registered in Following Registration States: California, Florida, Illinois, Indiana, Maryland, Michigan, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth: $250K
Cash Investment:$60K
Total Investment:$90-140K
Average Total Investment:$110K
 
Fees:
Initial Franchise Fee:$35K
Average Franchise Fee:$35K
On-Going Royalty:5%
Average Royalty:5%
Advertising Fee:1%
 
Average Number of Employees: 3-4 Full-time, 25-50 Part-time

Space Needs (in square footage): 700

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites: Commercial Office Space

Encourage Conversions? Yes

Earnings Claims Provided?: Yes

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:2
Formal Education:2
Psychological Profile:2
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?Yes, for 2 Year(s)
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:Yes
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 25
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:No
Local Advertising:No
Marketing Materials:Ad Slicks, Brochures, Direct Mailers, Emails, Promotional Items, Trade Show Exhibits, Videos
Additional Services:Grand Opening, In-house Marketing, Marketing Research, Newsletter, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:JumpStart Marketing program, 52-week plan
 
On-Going Support:
Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:At Additional Cost
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. Via Phone4 Weeks Prior to Corp. Office Training
2. Corporate Office5 Days
3. TeleconferencesWeekly
 
Expansion Plans
 
Projected New Units Over Next 12 months: 44

U.S.:

Yes, All United States except HI & UT
Canada:Yes, All Canada
Overseas:Yes
Submit an online form to receive information from Homewatch CareGivers.