HomeWell Senior Care

HomeWell Senior Care

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Promoted Opportunities

HomeWell Senior Care
#198

Initial Investment

LOW: $67,450
HIGH: $126,500

Change in Units

+15.2% +7 UNITS (1 Year)
+26.2% +11 UNITS (3 Years)

Company Profile

Founded

2002

Franchising Since

2003 (14 Years)

Corporate Address

420 Throckmorton St., #200 Fort Worth, TX 76102

CEO

Lori Yount

About HomeWell Senior Care

Joshua Hoffman started out as an in-home caregiver himself. A client asking him when he was going to start his own business inspired him to open HomeWell Senior Care. The Seattle-based company began franchising in 2003. Though HomeWell franchises offer nonmedical companion care services, Hoffman based the business model on a licensed home health care agency model.

Financials

Financial Requirements

Initial Investment

$67,450 - $126,500

Net-worth Requirement

$200,000

Liquid Cash Requirement

$90,000

Ongoing Fees

Initial Franchise Fee

$22,500 - $46,500

Ongoing Royalty Fee

5%

Financing Options

HomeWell Senior Care offers in-house financing to cover the following: franchise fee

HomeWell Senior Care has relationships with third-party sources which offer financing to cover the following: 
startup costs

Veteran Incentives


10% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 3 days

Training at headquarters: 5 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 13th, 2016

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