Synergy HomeCare

#175

At a Glance

Products & Services: Nonmedical home-care services

Number of Locations: 152

Total Investment: $54.2K - 141.7K

Founded: 2001

Began Franchising: 2005

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
2012	152	0	0	0
2011	125	0	0	0
2010	111	0	0	0
2009	95	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: $54,200 - $141,700
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

40% of all franchisees own more than one unit. Absentee ownership of franchise is NOT 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, Lease Negotiation

Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Other marketing support: Intranet

Franchise Ranking History

Franchise 500®: #175 (2013), #177 (2012), #182 (2011), #406 (2010), #407 (2009),

Fastest-Growing: #86 (2013), #46 (2011), #79 (2010),

Top New: #13 (2010), #33 (2009),

America's Top Global: #141 (2012), #144 (2011),

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