Synergy HomeCare

Synergy HomeCare

Nonmedical home care
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2022 Franchise 500 Rank
#416 Not ranked last year
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Initial investment
$44K - $131K
Units as of 2022
396 19.6% over 3 years

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

Synergy HomeCare, founded by Peter Tourian in 2001, is one of the leading non-medical home care agencies in the U.S. The company has a deep-rooted commitment to providing compassionate, attentive home care for the elderly, ill, disabled, or recovering.

This attentive companionship is also offered to those recovering from illness, surgery, and childbirth. As a Synergy HomeCare franchisee, you may help make the vulnerable, and their families' lives easier through watchful care and sensitivity.

Synergy HomeCare began franchising in 2005 and has since grown to over 300 locations across the United States.

Why You May Want to Start a Synergy HomeCare Franchise

If you love the idea of offering quality and personal home care, then opening a Synergy HomeCare franchise might be for you. Seen by some as more as a service to the community than a business, Synergy HomeCare strives to function as a haven for overwhelmed families everywhere. With this company, you may find yourself acting as a helpful friend would in difficult times. With this empathy toward families, more people might look to professional home care for their loved ones in the coming years.

As one of the leading providers of non-medical home care, Synergy HomeCare gives hope and family support. They offer friendship to all those who cannot leave their homes. Being warm, inviting, and caring ensures that the elderly, sick, disabled, or recovering do not feel like second-rate citizens or burdens to their families. 

What Might Make Synergy HomeCare a Good Choice?

To be part of the Synergy HomeCare team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising fees and royalty fees. 

As non-medical home care agencies compete, Synergy HomeCare continues to reach many people in need of their services. With their excellent business training, you may give people in need personalized home service while maintaining a good business reputation. As you decide if you want to open a Synergy HomeCare franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a franchise would do well in your community.

As a franchisee, you may get a protected territory to avoid an overlap with other franchisees. This typically helps to protect your business from the loss of customers. The ideal franchisee has a heartfelt desire to care for people, a passion for leadership and business, good communication and relationship skills, and kindness.

How To Open a Synergy HomeCare Franchise

To start a Synergy HomeCare franchise, you will need to meet the company's set net worth and liquid capital requirements. You will then fill out a franchise inquiry form requesting further information. From there, you may receive an information packet and regular informational emails if you are found to be a good fit for the brand. 

If approved to continue, you may then fill out an official franchise application. When it is received, you may receive a call from the franchise development team. They will take you through the process of opening a Synergy HomeCare franchise. There will likely be intensive training before you can open the doors to your business. Synergy HomeCare is ready to walk with you as you begin your franchise journey.

Find Your Perfect Franchise

Company Overview

About Synergy HomeCare

Founded
2001
Parent Company
Synergy HomeCare Franchising LLC
Leadership
Mike Steed, Chief Growth Officer

Franchising Overview

Franchising Since
2005 (17 years)
# of employees at HQ
35
Where seeking

This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming

# of Units
396 (as of 2022)

Franchisor Information

Corporate Address
1757 E. Baseline Rd., Bldg. 6, #124
Gilbert, AZ 85233

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Synergy HomeCare 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
$25,000 - $50,000
Initial Investment
$44,286 - $130,912
Net Worth Requirement
$150,000 - $250,000
Cash Requirement
$50,000 - $100,000
Veteran Incentives
15% off franchise fee
Royalty Fee
5%
Ad Royalty Fee
2%
Term of Agreement
5 years
Is franchise term renewable?
Yes
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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
Synergy HomeCare has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs

Training & Support Offered

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

Classroom Training
41 hours
Additional Training
Periodic visits
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes
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Interested in franchise ownership like Synergy HomeCare? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

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

Additional Rankings

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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