CareMinders Home Care Inc.

At a Glance

Products & Services: Medical & nonmedical home care

Number of Locations: 72

Total Investment: $138.1K - $199K

Founded: 2004

Began Franchising: 2004

About CareMinders Home Care Inc.

Gary Kneller combined his professional experience in finance, marketing and telecommunications with his personal experience as a cancer survivor to create CareMinders Home Care with the help of co-founder Brian Schleicher. Franchisees of the Alpharetta, Georgia, company offer both medical and nonmedical home care services, including nursing care, personal care, companionship, physical therapy and counseling.

Franchise Units

Year U.S. Canadian International Company Owned
2012 69 0 0 3
2011 36 0 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $138,100 - $199,000
Franchise Fee: $39,000
Ongoing Royalty Fee: 3.75-5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $200,000
Operations
Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Ad slicks,
Other marketing support: Manuals, video, TV commercials

Franchise Ranking History

Franchise 500®: #261 (2013), #343 (2012),
Fastest-Growing: #74 (2013),