Concept Description
At Homewatch CareGivers, we provide opportunities for entrepreneurs to start a business that supports communities. We are a home care franchise that provides customized services to elders and others who need assistance with their daily activities.
We Help You Put The Care in Your Career
Founded in 1980 as a premier provider of home care services, Homewatch CareGivers now consists of more than 200 franchise locations. Our business model is proven to generate in-market success by supporting in-market operations with care-focused processes, offering a better approach to care, better business intelligence tools for profitable growth, data-driven tools for growth, and a more efficient client acquisition model with various revenue streams and client acquisition capabilities. Additionally, demographic trends in aging populations indicate population aging as a factor in the market landscape and a factor in demand for home care services.
Is Homewatch CareGivers Right For You?
Homewatch CareGivers Franchisees provide much-needed services while benefiting from a market with expected long-term growth. If you are looking for a business where you can make a difference in the lives of individuals and families living in your community, as well as become an employer of choice in your area, learn more about Homewatch CareGivers.
Providing At-Home Care in Every Form & Type
More people than ever are choosing to stay home as they age. An AARP study found that 89% of seniors want to remain in their homes as long as possible rather than live in a retirement community or receive nursing home care. Seniors make up the fastest-growing population in the US, which has major implications for our industry.
Consider the Following Figures:
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By 2030: 1 in 5 US residents will be over the age 65.
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70% of people who are 65 or older will require long-term care.
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Direct-Care Occupations: CNAs, home health aides, and other direct-care workers are among the fastest-growing occupations.
In short, the need for high-quality home care providers has never been higher, and it will only continue to grow in the coming decades. There’s never been a better, more urgent time to enter the home care space and provide our elders with the dignified independence they deserve. Our franchise opportunity supports community-focused entrepreneurship. We are a home care franchise that provides customized services to elders and others who need assistance with their daily activities.
Day in the Life of the Franchisee
Four Levels of Service
Our Homewatch CareGivers franchise locations offer a full range of home care services, from companion care to complex personal care, as well as care coordination with nurse oversight as state licensing allows. Homewatch CareGivers’ 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.
Clients’ needs are as unique as they are, but our services typically include:
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Elder care
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Dementia care
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Chronic condition management
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Post-hospitalization care
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Care for all ages
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Respite care
However, while these describe the type of clients cared for, the kind of care provided falls into four “levels,” defined by the client’s needs.
1. Companion Care
Companion care is designed to enhance a client’s quality of life but does not extend to physical assistance. That includes tasks like meal planning, cooking, housekeeping, transportation, companionship, and facilitating their social life.
2. Personal Care
Personal care is also called “hands-on” care, and generally, it means assisting our clients physically with daily life. That includes bathing and grooming, turning and repositioning in bed, feeding assistance, and mobility assistance (e.g. help with walkers and wheelchairs).
3. Complex Personal Care
Complex personal care also includes the physical assistance of personal care, but for clients who have more complex physical and medical needs. Services may include maintaining feeding tubes and oxygen tanks, working with assistive transfer devices and facilitating comprehensive bowel programs.
4. Care Coordination
This level of care is typically provided by a licensed nurse for clients who have advanced medical needs. Services include consultation, training of in-house staff and caregivers, regular quality assurance visits, and care management via the creation of a care plan. State and local requirements differ by region, so speak with one of our franchising consultants about your area if you’re interested in providing care coordination services.
Buying Points for Potential Candidates
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Established in 1980 (Market resilience varies by market conditions)
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High Franchisee Satisfaction
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Long-Term Growth Industry
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Data-Driven Business Intelligence Tools
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Strategic Initiatives for Caregiver Recruitment and Retention
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Caregiver University for Training
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Custom Business Management Software that Tracks Healthcare Outcomes
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Top-Ranked Franchise for Veterans
Overcoming Objections: Sales Process & Discovery Steps
Our discovery process is thorough and efficient. The process can be completed in roughly 45-60 days if the candidate can meet with us for at least 30 minutes to an hour per week. We guide candidates through an interactive education process via recorded webinars and live face to face calls.
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Stage 1 – Education: Consists of an introductory call, webinar discussion, and FDD review.
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Stage 2 – Deeper Dive: Consists of territory review, validation, and state regulations call (if state applicable).
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Stage 3 – Meet The Team: Candidate will attend a Meet Your Team Day in Denver, CO.
Top Competitive Advantages
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Proven Model Since 1980
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Earnings Statement Claim
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Recession Resistant
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High Franchisee Satisfaction
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Long-Term Growth Industry
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Data-Driven Business Intelligence Tools
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Strategic Initiatives for Caregiver Recruitment and Retention
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Caregiver University for Training
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Custom Business Management Software that Tracks Healthcare Outcomes
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Top-Ranked Franchise for Veterans
Testimonials
No matter what my problem or concern there is someone at Homewatch CareGivers ready and willing to help me. And they do it with a smile and the best ‘servant’ mindset.
Deb Nelson | Edina, MNI 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 | Columbia, MDI’ve had many successes in my past career, but none have been more rewarding than giving back to my local community.
Tanya Finnerty | Carlsbad, CAI rode the wave of Corporate America for 30 years, but owning and running my Homewatch CareGivers franchise means more to me than anything else I’ve ever done.
Larry Aronson | South Orange, NJ
Read more Homewatch Caregivers franchisee testimonials here.
Publicity
See Franchise Blog for updates: https://www.homewatchcaregivers.com/franchise-opportunities/franchise-blog
Unit Option
Single, Multiple
Background
Corporate Owned Units: 0
Projected New Units: 28
Year Established: 1980
First Year Franchised: 1996
Type of Business: Franchise
Hours of Operation: 24 / 7 / 365
Number of Employees: Medium (6-20)
History:
Paul Sauer founded Homewatch CareGivers in 1980 based on the mission of caring for his clients, employees and community through exceptional home care services. The first franchised location opened in the 1980, and for the next several decades, the family continued to build the business and expand the footprint nationally and internationally.
The company was acquired by Authority Brands, LLC in 2017, and Todd Houghton serves as Brand President. Authority Brands continues to grow its home services brand portfolio by adding additional concepts.
Under the parent company Authority Brands, Homewatch CareGivers aims to further increase market share, strengthen its position within the health care continuum and to provide the support franchisees need to find success and make a difference in their communities.
Availability
Territories: United States
Financials
Liquidity: $80,000
*Investment Range: $142,890 - $194,080
**Average Investment: $142,890 - $194,080
Provided by the Franchisor
Minimum Net Worth: $250,001, to $500,000
6 Month Cash: $100,001
Franchise Fee: $50,000
Royalty: 5%
Royalty Description: The greater of 5% of Monthly Gross Billings and the applicable monthly Minimum Royalty Fee.
Advertising: Local:$24,000 annually (an average of $2,000 per month) or 3% of Gross Revenue, whichever is greater.
National Advertising: Payable only if we reproduce or customize Brand Fund materials for you.
Ramp-Up: 10 to 12 months
Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.
Passive Ownership Explain: Min. $150k+ Liquid and $500k+ Net-worth - Need to hire FT Sales and Operations Roles
Available Discounts
- Veterans
- Minorities
- Women
- First Responders
Discount Description: We now offer the following discounts (cannot be combined) : o Military – Veterans and Active Personnel – 30% off first territory only o Diversity Discount - $5k off first territory only for minority-owned, women-owned and LGBTQ+ owned businesses o Local Hero/First Responder’s Discount - $5k off first territory only for all law enforcement officer, firefighter, doctor, nurse or EMT owned businesses
Training, Support and Assistance
Co-Operative Advertising: N/A
Site Selection Assistance: Available
Lease Negotiation Assistance: N/A
Length of Training: 5 weeks
Training Description:
Week-long classroom training at the Support Center in Denver, 52-week step-by-step home care Business Implementation Program guided by our Director of Support and a team of subject matter experts, In-field launch program at franchisee’s office, Customized business reviews, Diagnostic tools, and analysis to help identify opportunities and accelerate ROI, Accredited Online University to train caregivers and staff,
Regularly scheduled webinars and best practices training, Customized intranet to access the latest tools and resources, One-on-one training and coaching by subject matter experts just a phone call away, Annual conference for networking and the latest on company initiatives, Franchisee Advisory Council representatives, Peer group forums for franchisee-to-franchisee communications and support
Operational and Marketing Tools:
Marketing management at the support center includes Website Blog Content, National SEO, Local Website, Paid Online Advertising, National Business Development, National Social Media Management, Online Directory Management, Marketing Collateral Creation, Direct Sales Coaching, CAMP (Customized Ad Management Program), E-Newsletter and Email Marketing, Market Action Plan (MAP) coaching
Operations support includes HWCG Care+ which is our proprietary business management platform for managing and scheduling caregivers and clients. Care+ allows for the creation of custom care plans as unique as the individual client and also tracks the outcomes of care for reporting to other health providers and family members. Franchisees are assigned an Operations Support Manager who is available for one-on-one calls, coaching sessions and any questions about running the business. Additional operations support includes subject matter experts who help support franchisees with caregiver training and quality support management.
Financing Assistance: N/A