ComForCare Home Care

ComForCare Home Care

ComForCare Home Care
#192

Initial Investment

LOW: $81,300
HIGH: $155,800

Change in Units

-1.0% -2 UNITS (1 Year)
+8.3% +16 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1996

Franchising Since

2001 (15 Years)

Corporate Address

2520 Telegraph Rd., #201 Bloomfield Hills, MI 48302

CEO

Mark Armstrong

Parent Company

ComForCare Health Care Holdings, Inc.

About ComForCare Home Care

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 and medical 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.

Financials

Financial Requirements

Initial Investment

$81,300 - $155,800

Net-worth Requirement

$300,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$45,000

Ongoing Royalty Fee

5-3%

Financing Options

ComForCare Home Care has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, accounts receivable

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 164

Lowest Rank: 304

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 32-40 hours

Training at headquarters: 80 hours

Additional Training: Self-study at home

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 1 - 2

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 28th, 2015

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