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Synergy HomeCare

2012 Franchise 500
#177
At a Glance

Products & Services: Nonmedical home care services

Number of Locations: 125

Total Investment: $53.3K - 115.3K

Founded: 2001

Began Franchising: 2005

Private Owned

About Synergy HomeCare

Synergy HomeCare is a franchise opportunity founded by Peter Tourian. Based in Gilbert, Arizona, Synergy HomeCare provides in-home, nonmedical care to individuals requiring daily living assistance.

Franchise Units

Year U.S. Canadian International Company Owned
2011 125 0 0 0
2010 111 0 0 0
2009 95 0 0 0
2008 40 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Australia/New Zealand, Canada, Western Europe.

Startup Costs, Ongoing Fees and Financing

Total Investment: $53,300 - $115,300
Franchise Fee: $39,500
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $50,000
Operations
10% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. Periodic visits
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Intranet

Franchise Ranking History

Franchise 500®: #177 (2012), #182 (2011), #406 (2010), #407 (2009),
Fastest-Growing: #46 (2011), #79 (2010),
Top New: #13 (2010), #33 (2009),
America's Top Global: #141 (2012), #144 (2011),