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ComForcare Senior Services

2014 Franchise 500
#190
At a Glance

Products & Services: Nonmedical home care

Number of Locations: 197

Total Investment: $77.8K - $141.8K

Founded: 1996

Began Franchising: 2001

About ComForcare Senior Services

The first ComForcare office opened in Bloomfield Hills, Michigan, in 1996. The company began franchising in 2001, and today has locations throughout North America and in the U.K. ComForcare franchises offer nonmedical in-home care services such as grooming assistance, medication reminders, transportation, light housekeeping, meal preparation, and companionship care. The company uses a 10-step hiring process to find caregivers.

Franchise Units

Year U.S. Canadian International Company Owned
2014 193 3 1 0
2013 171 3 1 1
2012 164 3 1 0
2011 155 3 1 0
2010 150 1 1 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Eastern Europe, South America, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $77,800 - $141,800
Franchise Fee: $42,000
Ongoing Royalty Fee: 5-3%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $50,000 - $75,000
Operations
12% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: Several times/year. For key administrators of franchises as needed
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,
Other marketing support: Online ordering, strategic alliances, PowerPoint presentations

Franchise Ranking History

Franchise 500®: #190 (2014), #185 (2013), #173 (2012), #164 (2011), #267 (2010),
Fastest-Growing: #74 (2011), #95 (2010),
America's Top Global: #160 (2013), #137 (2012), #130 (2011), #198 (2010),

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