2021 Franchise 500 Rank
#498 Not ranked last year
See the Full List
Initial investment
$78K - $99K
Units as of 2020
137 4.2% over 3 years

Company Overview

CarePatrol franchisees help seniors and their families in selecting and transitioning into assisted-living and independent-living homes, nursing homes and Dementia and Alzhemer's memory care facilities. Each client's medical, social, geographical and financial needs are individually assessed in order to match them with the right facility. The company began franchising in 2009.

About CarePatrol

Related Categories
Senior Care
Founded
1993
Parent Company
Best Life Brands, LLC
Leadership
J.J. Sorrenti, CEO
Sponsored Content

More from CarePatrol

CarePatrol - loving senior couple

WHY CAREPATROL

CarePatrol franchise owners help tens of thousands of seniors find the care they need, and in the process we make a real, tangible difference in the lives of the families we serve.

Proven Business Model

CarePatrol is the largest senior care placement franchise in the U.S., with over 150 locations in 44 states. Since our founding in 1993 our proven best practices have helped social entrepreneurs realize their dreams of owning a business that makes a difference in their communities.

The Demand is Real

More seniors need care now than ever before - and the phenomenon commonly known as the “Silver Tsunami” isn’t going to slow down anytime soon. The Population Reference Bureau reports that the senior population will reach 100 million by 2060.

You Don’t Need Experience

While CarePatrol franchise owners are known as subject matter experts in their communities, the majority of our franchise owners did not have any experience in senior care before franchising with us. We provide ongoing training and resources to help you become the trusted advisor your clients have come to expect.

Low Cost Investment

CarePatrol is a low cost investment opportunity with high earning potential. Our straight-forward business model is home-based and turn-key, allowing you to keep overlead extremely low, while we help you to market your business quickly.

CarePatrol - Senior's reading and talking together

WHY IS CAREPATROL A WISE INVESTMENT?

It’s no secret that millions of Americans are rapidly becoming senior citizens on annual basis, which has created an enormous need for assisted-living facilities. More than eight million people require care from assisted-living facilities today, and that number is expected to reach 27 million by 2050. CarePatrol, as the original home placement brand, is in the best position to help seniors find the care they need — plus deliver peace of mind to families who are in desperate need of it. Our low cost to entry and proven business model have helped dozens of entrepreneurs find lasting success in business. Because the demand for our services is only going to increase, CarePatrol is poised to grow for years to come.

WATCH OUR BRAND STORY

Franchising Overview

Franchising Since
2009 (12 years)
# of employees at HQ
43
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
137 (as of 2020)

Franchisor Information

Corporate Address
2520 S. Telegraph Rd., #201
Bloomfield Hills, MI 48302

Information for Franchisees

Here’s what you need to know if you’re interested in opening a CarePatrol franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$49,500
Initial Investment
$77,720 - $99,145
Net Worth Requirement
$150,000
Cash Requirement
$70,000
Veteran Incentives
15% off franchise fee
Royalty Fee
$600-$3K/mo.
Ad Royalty Fee
$300/mo.
Term of Agreement
5 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
CarePatrol has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
16 hours
Classroom Training
39 hours
Additional Training
Online training
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1-2
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where CarePatrol landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where CarePatrol ranked on other franchise lists? Find out below.

Ranked #498

Franchise 500 Ranking

Ranked #96

Top Franchises for Less Than $100,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021