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Comfort Keepers

Nonmedical in-home care

Background

Founded: 1998 Franchising since: 1999
Comfort Keepers is based in Dayton, Ohio and provides seniors with non-medical care. The company offers companionship, meal preparation, light housekeeping, grocery shopping, recreational activities and other services to individuals and couples still living in their own home.
6640 Poe Ave., #200
Dayton, Ohio 45414
Phone:
(888)329-1368/ (888)801-1121


Franchisor has 30 employee(s); 8 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 587 28 22 0
2008 574 25 16 0
2007 552 25 10 0
2006 535 25 5 0
2005 499 18 2 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Australia/new zealand, Canada, Western europe

Exclusive territories available.
Territory size: 175,000 population

Costs and Fees

Total investment: $49.7K-73.8K
Franchise fee: $32.5K
Ongoing royalty fee: 5-3%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $200K+
Cash liquidity requirement: $49.7K+
Business Experience:
  • General business experience
  • Marketing skills
  • Understanding of the importance of HR a plus

Operations
  • Franchise can be run from home
  • 40% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 2
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 8 days
  • At franchisee's location: Ongoing
  • Finance, marketing, operational training available monthly

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

Rankings

Franchise 500® rank:
#92 (2009); #97 (2008); #78 (2007); #100 (2006); #116 (2005);

Fastest-Growing Franchises:
#53 (2007); #93 (2006); #101 (2005);

Low-Cost Franchises:
#24 (2007); #23 (2006); #29 (2005);

Top Home Based Franchises:
#22 (2009); #20 (2008); #19 (2007); #20 (2006); #25 (2005);

America's Top Global Franchises:
#74 (2009); #79 (2008); #69 (2007); #84 (2006); #91 (2005);


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