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Comfort Keepers

2014 Franchise 500
#59
At a Glance

Products & Services: Home care

Number of Locations: 787

Total Investment: $77.6K - $109.96K

Founded: 1998

Began Franchising: 1999

About Comfort Keepers

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.

Franchise Units

Year U.S. Canadian International Company Owned
2014 683 57 47 0
2013 691 49 43 0
2012 665 51 34 0
2011 635 40 27 0
2010 621 36 21 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Western Europe.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $77,550 - $109,960
Franchise Fee: $45,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: 10% off franchise fee
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $75,000
Operations
50% 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).
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: 5 days. Virtual training, 56 hours; Ongoing training 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: Website, PR

Franchise Ranking History

Franchise 500®: #59 (2014), #59 (2013), #60 (2012), #62 (2011), #67 (2010),
Fastest-Growing: #61 (2014), #58 (2013), #97 (2012), #74 (2011),
Low-Cost: #18 (2010),
Top Home-Based: #16 (2011), #19 (2010),
America's Top Global: #69 (2014), #62 (2013), #55 (2012), #55 (2011), #57 (2010),

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