HomeWell Care Services Franchise FDD, Profits & Costs (2025)

HomeWell Care Services is a prominent non-medical in-home care provider dedicated to offering personalized care solutions for seniors and other individuals in need. Founded in 1996 by Joshua Hoffman, a caregiver from Seattle, Washington, the company began franchising in 2003 under the name HomeWell Senior Care.

In 2019, it rebranded to HomeWell Care Services to emphasize its commitment to a broader clientele, including those under 65. The company’s headquarters are located in Burkburnett, Texas.

HomeWell Care Services offers a comprehensive range of non-medical in-home care services tailored to meet the unique needs of each client.

These services encompass companion care, personal care, and specialty care, ensuring that individuals receive the appropriate level of support to maintain their independence and quality of life. Additionally, HomeWell has developed Signature Programs, such as the Life Enrichment Activities Program (LEAP), designed to combat social isolation and promote overall well-being.

Initial Investment

How much does it cost to start a HomeWell Care Services franchise? It costs on average between $54,000 – $234,000 to start a HomeWell Care Services franchised center.

This includes costs for office setup, caregiver training, licensing, insurance, and initial operating expenses. The exact amount depends on various factors, including the size of the territory, local regulations, and whether the franchisee chooses to lease or purchase office space.

Type of ExpenditureAmount
Initial Franchise Fee$0 – $49,500
Training Fee$5,000
Travel and Living Expense for On-Site Education$0 – $3,500
Real Estate$3,600 – $9,000
Furniture & Furnishings$0 – $5,000
Signage$300 – $4,000
Computer Hardware$1,000 – $3,000
Computer Software$876 – $1,560
Email Services$24 – $240
Online Home Care Compliance Platform Initial Set-Up Fee$1,000
Office Equipment and Supplies$1,500 – $5,000
Marketing Materials$2,000 – $4,000
Local Marketing$3,000 – $18,000
Grand Opening Marketing$1,000 – $5,000
Additional Staffing$20,000 – $65,000
Caregiver Recruitment and Training$3,000 – $6,000
Professional Fees$0 – $5,000
Miscellaneous Pre-Opening and Opening Costs$500 – $1,000
Licenses and Permits$100 – $5,500
Insurance$1,500 – $5,000
Additional Funds (3 Months)$10,000 – $33,000
TOTALS$54,400 – $234,300

Average Revenue (AUV)

How much revenue can you make with a HomeWell Care Services franchise? A HomeWell Care Services franchised business makes on average $747,000 in revenue (AUV) per year.

Here is the extract from the Franchise Disclosure Document:

HomeWell Care Services fdd item 19 extract

This compares to $784,000 yearly revenue for similar in-home care franchises. Below are a few HomeWell Care Services competitors as a comparison:

HomeWell Care Services franchise competitors

HomeWell Care Services Franchise Disclosure Document

Frequently Asked Questions

How many HomeWell Care Services locations are there?

As of the latest data, HomeWell Care Services operates a total of 122 locations, all of which are franchised. The company does not own any corporate locations, as it operates exclusively through a franchise model.

What is the total investment required to open a HomeWell Care Services franchise?

The total investment required to open a HomeWell Care Services franchise ranges from $54,000 to $234,000.

What are the ongoing fees for a HomeWell Care Services franchise?

HomeWell Care Services franchisees pay a 5% royalty fee on gross revenues. They also contribute 2% to the Brand Development Fund for the first $1,000,000 in gross revenues, which decreases to 1% for higher revenues. Additionally, franchisees must spend at least 2% of gross revenues or $1,000 per month on local marketing.

What are the financial requirements to become a HomeWell Care Services franchisee?

To become a HomeWell Care Services franchisee, candidates are typically required to have a minimum net worth of $250,000 and at least $50,000 in liquid capital.

How much can a HomeWell Care Services franchise owner expect to earn?

The average gross sales for a HomeWell Care Services franchise are approximately $0.75 million per location. Assuming a 15% operating profit margin, $0.75 million yearly revenue can result in $113,000 EBITDA annually.

Who owns HomeWell Care Services?

HomeWell Care Services franchise is owned by HomeWell Franchising Inc., a premier franchisor with over 100 franchise owners representing more than 170 territories across the United States.

Disclaimer

Disclaimer: This content has been made for informational and educational purposes only. We do not make any representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the information presented in the article. You should not construe any such information or other material as legal, tax, investment, financial, or other professional advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial and/or legal advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

0