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Entrepreneur: Start & Grow Your Business

CareMinders Home Care Inc.

Nonmedical personal care for seniors & convalescing adults

Background

Founded: 2004 Franchising since: 2004
11625 Rainwater Dr., #350
Alpharetta, Georgia 30004
Phone:
(877)264-6337/ (770)973-6400


Franchisor is a privately-held company with 6 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 21 0 0 0
2007 10 0 0 0
2006 8 0 0 0
2005 3 0 0 0

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

Exclusive territories available.
Territory size: 225,000 population

Costs and Fees

Total investment: $55K-95.9K
Franchise fee: $28.5K
Ongoing royalty fee: 3-5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $20K

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1 - 2
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

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