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Senior Care Franchise Review

Senior Care Franchise Opportunity - Senior Care Franchise Business for Sale

Another brandEXPANSION Project

Senior Cares

Comfort Keepers

It’s not everyday you find business opportunities that are rewarding financially as well as emotionally. That’s one of the many special things about Comfort Keepers®, one of the leading providers of in-home care for seniors and other adults requiring additional care. Comfort Keepers provides care services like meal preparation, incidental transportation, and companionship which enables thousands of aging adults the ability to remain in their own homes.

Background

Year Established: 1998
Year First Franchised: 1999
Franchised Units: 563
Company Owned Units: 0
Projected New Units: 34
States/Countries Registered In: Open to sell in all US states
Availability in Canada: Masters / Area Developer Canada is handled by Master Franchise agreements already in place

Financial/Terms

Cash Investment: $32.5K (single unit)
Total Investment: $49,750 to $73,780 (single unit)
Minimum Net Worth: $200K
Franchise Fee: $32.5K (Included in initial fee is 1st year software license fees for scheduling, telephonic time clock and online caregiver training) (2nd franchise $27.625, 3rd franchise $26K, 4th and above $24,375)
Discounts: FranVet, Women, Minorities: Yes
VetFran Program Participant: Yes, $1000 discount off the Franchise fee.
Royalty: Descending from 5% to as low as 3% as business grows
Ad: No national advertising fee
Average # of Employees: 2 Full time initial employees & Initial part-time caregivers on call as needed.
Passive Ownership Allowed: No, not allowed
Earnings Claim: Yes, Item 19

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