#149
At a Glance
Products & Services: In-home personal care, nursing-care coordination, memory care
Number of Locations: 219
Total Investment: $73.5K - 125K
Founded: 1976
Began Franchising: 1996
About Homewatch CareGivers
Biochemist Paul A. Sauer founded Homewatch in 1976. The company's clients include the elderly, people recovering from illnesses and people being rehabilitated after injuries. Caregivers provide nonmedical and limited health care services.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 200 | 5 | 11 | 3 |
| 2011 | 171 | 7 | 10 | 3 |
| 2010 | 162 | 11 | 5 | 3 |
| 2009 | 146 | 12 | 6 | 3 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $73,500 - $125,000
Franchise Fee: $39,000 - $50,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $39,000 - $50,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
Operations
40% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 30. Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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| Equipment | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 2-3 days. Ongoing support
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, National media, Regional advertising,
Franchise Ranking History
Fastest-Growing: #86 (2013),
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