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Homewatch CareGivers

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1980
  • Franchising Since 1996
  • 213 US Franchises
  • $92,310 - $154,000 Investment Range
  • $2,240,271 Average Gross Revenue
  • 5% Royalty Fee
  • $50,000 Franchise Fee
Pre-qualification Amount

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Brand Description

Homewatch CareGivers, established in 1976, stands as a premier provider of compassionate in-home care services, specializing in personalized support for seniors and individuals requiring assistance. With over four decades of experience, they have built a sterling reputation for delivering kind, qualified care that enables clients to maintain their independence and dignity in familiar surroundings. What sets Homewatch CareGivers apart is their innovative approach to modern caregiving through their Total Care Solutions program. This comprehensive service combines traditional in-person care with cutting-edge home care technology, including their proprietary Homewatch Connect™ system. This technology helps prevent isolation, manages medication reminders, screens for potential scams, and facilitates video connections with family members. The franchise maintains rigorous standards for their caregivers, ensuring all team members are thoroughly background-checked, insured, and trained to provide high-quality care. Their services encompass a wide range of support, from basic companionship to specialized care for conditions like dementia and Parkinson's disease. The addition of Care Team Supervisors helps reduce the administrative burden on families, providing an extra layer of support and coordination. Client testimonials consistently highlight the organization's professionalism, reliability, and genuine compassion. Families particularly appreciate the careful matching process between caregivers and clients, creating lasting bonds that extend beyond basic care. Whether it's round-the-clock support or occasional assistance, Homewatch CareGivers demonstrates an unwavering commitment to enhancing the quality of life for their clients while providing peace of mind to their families.

Financial Summary
Franchise Fee
$50,000
Investment Range
$92,310 - $154,000
Investment Midpoint
$123,155
Minimum Cash Required
$92,310
Royalty Fees
5%
Brand Fund
0.5% - 2%
Brand Bragging Rights
Recession-Resistant Industry
Advanced Technology
Professional Marketing Assistance
Integrated Technology
• Business Intelligence Tools
Award Winning Model
Financial Analysis
Homewatch CareGivers presents a compelling investment opportunity in the growing senior care sector, with an investment range of $92,310 - $154,000, positioning it favorably below the sub-sector average of $103,192 - $179,147. The franchise demonstrates strong revenue potential with average gross revenue of $2,240,271, significantly outperforming the sub-sector average of $1,421,306 by 57%.

With 213 units nationwide and over 40 years of operation, the brand shows proven scalability and market stability. The lower-than-average investment requirement coupled with above-average revenue performance suggests an attractive ROI potential, typically achievable within 24-36 months depending on market conditions and operational efficiency.

Key success factors include location selection in aging demographics, caregiver recruitment/retention, and effective utilization of their proprietary Homewatch Connect(TM) technology. The franchise benefits from increasing demand in the $400 billion home healthcare market, projected to grow 7% annually through 2028 according to Grand View Research.

Ideal investors should have $150,000 liquid capital, strong people management skills, and healthcare or business management experience. Risk mitigation strategies include comprehensive training programs and 24/7 support systems.

The brand's technological integration, established presence since 1980, and lower investment threshold relative to revenue potential make it an attractive option for investors seeking entry into the lucrative healthcare sector.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Homewatch CareGivers. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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Location Analysis
Homewatch CareGivers demonstrates a strategic presence across multiple states, showing particular strength in coastal and high-population markets. The franchise maintains strong market penetration in key regions like California and New York, with notable concentrations in the Mid-Atlantic states and Great Lakes region, indicating successful penetration in both urban and suburban markets with aging populations. The franchise's strong average rating of 4.38 across numerous customer reviews suggests consistent service quality across regions.

The current geographic distribution reveals significant expansion opportunities, particularly in the Midwest and Southeast regions where aging populations and healthcare demand continue to grow. The franchise's established presence in highly regulated markets like California and New York demonstrates operational adaptability and compliance capability, making expansion into similar markets more feasible.

Ideal locations for new franchises typically include metropolitan areas with high median household incomes, significant 65+ populations, and strong healthcare infrastructure. Success factors include proximity to medical facilities, affluent suburban communities, and areas with limited competition in professional home care services. The franchise's strategic clustering in certain states suggests benefits from operational synergies and brand recognition, making adjacent market expansion particularly attractive for new franchisees.
Total US Locations213
Open Franchises213
Corporate Locations0
Average Sq. FootN/A sq/ft
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Homewatch CareGivers. Learn about the experience and expertise of the executive team guiding Homewatch CareGivers's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Homewatch CareGivers. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Homewatch CareGivers's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Homewatch CareGivers's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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