HomeWell Senior Care

HomeWell Senior Care

HomeWell Senior Care
Not Ranked

Initial Investment

LOW: $60,450
HIGH: $119,500

Change in Units

+21.7% +10 UNITS (1 Year)
+8.7% +4 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

2002

Franchising Since

2003 (13 Years)

Corporate Address

1100 Dexter Ave. N., #100 Seattle, WA 98109

CEO

Lori Yount

About HomeWell Senior Care

Joshua Hoffman started out as an in-home caregiver himself. A client asking him when he was going to start his own business inspired him to open HomeWell Senior Care. The Seattle-based company began franchising in 2003. Though HomeWell franchises offer nonmedical companion care services, Hoffman based the business model on a licensed home health care agency model.

Financials

Financial Requirements

Initial Investment

$60,450 - $119,500

Net-worth Requirement

$100,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$18,500 - $39,500

Ongoing Royalty Fee

5%

Financing Options

HomeWell Senior Care offers in-house financing to cover the following: franchise fee

HomeWell Senior Care has relationships with third-party sources which offer financing to cover the following: 
startup costs

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 295

Lowest Rank: 486

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Training at headquarters: 5 days

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media

Absentee Ownership Allowed

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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: October 14th, 2015

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