Homewatch CareGivers

Founded: 1976 Franchising since: 1996
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.

7100 E. Belleview Ave., #303 Greenwood Village, Colorado 80111

Phone: (800)472-2290/ (303)758-5111

Franchisor is a privately-held company with 20 employee(s); 20 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	146	12	6	3
2008	144	11	7	3
2007	128	11	7	6
2006	131	2	5	7
2005	92	2	3	8

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

Exclusive territories available.
Territory size: 30,000+ people 65+ years old

Total investment: $90K-110K Franchise fee: $30K

Ongoing royalty fee: 5% Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	Yes
Startup Costs	No	Yes
Equipment	No	Yes
Inventory	No	Yes
Accounts Receivable	No	Yes
Payroll	No	Yes

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $50K
Business Experience:

• General business experience
• Marketing skills
• Industry experience helpful; compassionate individual; sales & management experience

Operations

• 15% 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)

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 500® rank:
#178 (2009); #187 (2008); #227 (2007); #279 (2006); #340 (2005);

Low-Cost Franchises:
#53 (2007); #67 (2006); #91 (2005);

America's Top Global Franchises:
#139 (2009); #153 (2008); #153 (2007); #185 (2006);