Franchise overview by FranRelay
Homewatch CareGivers
Homewatch CareGivers provides in-home companionship, personal care and approved nursing services for seniors and clients of all ages. Franchisees run a local office that recruits caregivers and coordinates care.
Speak with a FranRelay consultant about Homewatch CareGivers, your questions, and next steps.
Investment and fees
What it costs to open and operate
Upfront investment
Total initial investment
$142,890 – $194,080
USD estimate includes the $50,000 fee with no discount for a territory of up to 40,000 seniors. Assumes a leased 500 to 800 sq. ft. office, three months of rent and operating funds. The high estimate includes up to $5,000 for licensing delays. See startup-budget exclusions below.
Initial franchise fee
$50,000
Normally counted within the total above, not added on top — confirm in the source.
USD base fee for 38,000 to 40,000 seniors. Above 40,000, add $1.85 per additional senior. Due at signing unless approved for financing; nonrefundable. The estimate uses no discount. Eligibility-based discounts cannot be combined and may change.
Selected fees
Royalty5% of Gross Revenue or the monthly minimum, whichever is greater.
Minimums from the business's original opening: none in months 0–6; $500 in 7–12; $1,000 in 13–24; $1,250 in 25–36; $1,500 in 37–48; $2,000 in 49–60; $2,500 thereafter. Gross Revenue includes insurance and government billings, even before collection. Normally paid monthly.
Advertising contributionBrand Fund: tiered contributions on calendar-year Gross Revenue, normally paid monthly.
2% on the first $500,000; 1.5% on revenue over $500,000 through $1 million; 1% over $1 million through $2 million; 0.5% above $2 million. Tiers reset each calendar year. Revenue across territories is combined under a policy the franchisor may change. Paid with royalty.
Local marketing$24,000/year or 3% of Gross Revenue, whichever is greater, plus required in-person spending.
Monthly collection: greater of calendar-year-to-date local spend or 3% of year-to-date Gross Revenue, less local spend already collected. Additional approved in-person spending: at least $500/month or $6,000/year, whichever occurs first. The $350/month website fee counts toward the annual fee and may rise 10% on notice. Separate from the Brand Fund.
These are selected fees, not the complete fee schedule. Review the full FDD for all fees and conditions.
Figures are as disclosed for the period shown; unknown or undisclosed items are labelled, never shown as $0. No earnings, profit or payback figures are shown. Revenue is not profit.
Ownership and support
What owning this franchise involves
Your role
A designated Key Person leads daily operations and may be required to work at the office.
- Owner involvement
- The Key Person can commit the franchisee to business decisions.
- Main responsibilities
- Recruit caregivers, coordinate care services and meet licensing, insurance and brand standards.
- Manager requirements
- The Key Person must complete training and own at least 5% of an entity unless otherwise agreed in writing.
Free consultation
Let's talk about Homewatch CareGivers.
Discuss your opening budget, the Key Person role and care-service requirements as you compare Homewatch CareGivers with your plans.
Free for buyers. Franchisors may pay FranRelay if you go ahead; we tell you before any introduction, and nothing happens without your go-ahead.
Disclosure document
The fees above are a short selection. Check the full FDD for all fees and terms before making a decision.
HOMEWATCH CAREGIVERS FRANCHISING SPE LLC, Franchise Disclosure Document. not extracted; inspect cover
An introduction is not a statement that territory is available or that you will be accepted.