Homewatch CareGivers Franchise FDD, Profits & Costs (2025)
Homewatch CareGivers, founded in 1980 by Paul Sauer, is a distinguished provider of home care services with a strong focus on quality and compassion. The company began franchising in 1996 and is headquartered in Columbia, Maryland.
The franchise has expanded significantly both nationally and internationally under the ownership of Authority Brands, LLC, emphasizing its commitment to being a premier provider of home care services.
Homewatch CareGivers differentiates itself in the market by offering a full range of personalized care services that cater to various needs, including senior care, after-hospital and after-surgery care, childcare, and care for those with chronic conditions. Their services are not only limited to personal and companion care but also extend to more complex nursing and skilled care requirements.
The franchise is recognized for its innovative approach to care, particularly through its emphasis on training and support for franchisees. This includes comprehensive pre-training and classroom training, as well as a 52-week Business Implementation Program to ensure successful franchise operations.
Initial Investment
How much does it cost to start a Homewatch CareGivers franchise? It costs on average between $92,000 – $154,000 to start a Homewatch CareGivers franchised center.
This includes costs for office setup, caregiving equipment, initial marketing, and initial operating expenses. The exact amount depends on factors such as the location, size of the office, and whether the franchisee chooses to lease or purchase the office space.
| Type of Expenditure | Amount |
|---|---|
| Franchise Fee | $50,000 |
| Telephone System | $250 – $500 |
| Training Expenses | $2,000 – $5,000 |
| Office Equipment and Computer Hardware and Off-the-Shelf Software | $1,000 – $4,000 |
| Lease and Security Deposits | $3,000 – $8,000 |
| Office Furniture | $1,000 – $4,000 |
| Insurance | $8,000 – $18,000 |
| Compliance Toolkit Fees | $1,500 |
| Licenses, Permits, and Professional Fees | $500 – $8,000 |
| Additional Funds (3 months) | $25,000 – $55,000 |
| Total | $92,000 – $154,000 |
Average Revenue (AUV)
How much revenue can you make with a Homewatch CareGivers franchise? A Homewatch CareGivers franchised business makes on average $632,000 in revenue (AUV) per year.
This compares to $754,000 yearly revenue for similar in-home care franchises.
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Frequently Asked Questions
How many Homewatch CareGivers locations are there?
As of the latest data, Homewatch CareGivers operates 164 locations across the United States. These locations are spread over 32 states and territories, with Texas hosting the highest number at 20 locations, accounting for approximately 12% of the total. The company primarily operates through a franchise model, with each location being independently owned and operated.
What is the total investment required to open a Homewatch CareGivers franchise?
The total investment required to open a Homewatch CareGivers franchise ranges from $92,,000 to $154,000.
What are the ongoing fees for a Homewatch CareGivers franchise?
A Homewatch CareGivers franchise requires ongoing fees, including a 5% royalty on gross revenue or a minimum monthly amount, which starts at $500 in the initial months and reaches $2,500 by month 61. Franchisees also contribute to a Brand Fund, initially 2% of revenue, which decreases as revenue grows.
Additionally, they must allocate either $24,000 annually or 3% of gross revenue (whichever is higher) for local marketing, plus a minimum of $500 per month for in-person marketing activities. These fees support both brand development and market presence.
What are the financial requirements to become a Homewatch CareGivers franchisee?
To become a Homewatch CareGivers franchisee, you need a minimum net worth of $350,000 and at least $80,000 in liquid capital. These financial requirements ensure you have the necessary resources to establish and operate the franchise effectively.
How much can a Homewatch CareGivers franchise owner expect to earn?
The average gross sales for a Homewatch CareGivers franchise are approximately $0.63 million per location. Assuming a 15% operating profit margin, $0.63 million yearly revenue can result in $95,000 EBITDA annually.
Who owns Homewatch CareGivers?
Homewatch CareGivers is owned by Authority Brands, LLC, a leading provider of in-home services. Authority Brands acquired Homewatch CareGivers in 2017, expanding its portfolio of service-oriented franchises. This acquisition has enabled Homewatch CareGivers to leverage Authority Brands’ extensive resources and expertise, enhancing its growth and service offerings in the home care industry.
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