HOMEWATCH CAREGIVERS
Homewatch CareGivers franchises operate businesses providing companionship, personal care, complex personal care, and skilled nursing services delivered by home health aides, personal care providers, certified nurse assistants, licensed practical nurses, and registered nurses. The business model involves licensing the HOMEWATCH CAREGIVERS brand, trademarks, operations system, training, and standards to franchisees who serve private pay and insured clients from approved locations. Target markets include seniors, disabled individuals, those with chronic illnesses, post-hospitalization patients, dementia care needs, and other clients requiring in-home care services.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
5% royalty + 2% brand fund (tiered down after $500k) + $620-$820/mo technology and software fees
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 105 franchisees representing 196 Territories that were in operation for the entire 2024 fiscal year.
* Average gross revenue ($2,552,023) and median gross revenue ($1,144,985) are taken directly from the 'Total' row of Table 1-B, representing all 105 franchisees for the fiscal year ended December 31, 2024. Revenue top quartile ($6,258,140) is the average gross revenue of franchisees in the 'Greater than $2M' segment from Table 4, representing 33 out of 87 mature franchisees (approximately the top 38% of mature franchisees). Revenue bottom quartile ($598,052) is the average gross revenue of franchisees in the 'Less than $1M' segment from Table 4, representing 31 out of 87 mature franchisees (approximately the bottom 36% of mature franchisees). Profit estimates (net income, net profit, EBITDA, best guess profit range) could not be made due to insufficient expense data; only 'Direct Caregiver Costs' were provided, which represents a partial expense, making a comprehensive profit estimate speculative.
Extracted Item 19 Section
How HOMEWATCH CAREGIVERS Compares to Other Senior Care Franchises
Key Insights
- Top 10 largest franchise system in Senior Care
- Lower than average SBA loan default rate in Senior Care
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
HOMEWATCH CAREGIVERS Current | $122K - $178K | $50K | 5.0% | 224 |
| SYNERGY HOME CARE | $78K - $159K | $53K | 5.0% | 550 |
| SENIOR HELPERS | $149K - $221K | $55K | 5.0% | 355 |
| ALWAYS BEST CARE SENIOR SERVICES | $90K - $146K | $50K | 6.0% | 275 |
| COMFORCARE HOME CARE | $73K - $164K | $59K | 5.0% | 248 |
| FIRSTLIGHT HOME CARE | $127K - $219K | $50K | 5.0% | 238 |
Senior Care Average 43 franchises | $159K - $338K | $62K | 5.7% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Senior Care franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+18 more states
SBA Loan History
Historical SBA 7(a) loan data for HOMEWATCH CAREGIVERS franchisees (2010 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Post-termination breach of contract (including non-compete and royalty payments) and collections disputes.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a HOMEWATCH CAREGIVERS franchise?
The total initial investment to open a HOMEWATCH CAREGIVERS franchise ranges from $121,640 to $177,830. This includes a franchise fee of $50,000. Ongoing royalty fees are 5.0% of gross sales.
How much revenue does a HOMEWATCH CAREGIVERS franchise make?
According to the 2025 FDD, the average gross revenue for a HOMEWATCH CAREGIVERS franchise is $2,552,023. The median revenue is $1,144,985.
How many HOMEWATCH CAREGIVERS franchise locations are there?
As of the 2025 FDD, HOMEWATCH CAREGIVERS has 224 franchise locations. The company has been franchising since 1996.
Can you get an SBA loan for a HOMEWATCH CAREGIVERS franchise?
Yes, SBA loans are available for HOMEWATCH CAREGIVERS franchises. Historical data shows 58 SBA 7(a) loans have been approved for HOMEWATCH CAREGIVERS franchisees, with an average loan amount of $312,302. The historical default rate is 10.3%.
Is HOMEWATCH CAREGIVERS a good franchise to buy?
HOMEWATCH CAREGIVERS shows several positive indicators: established brand with 224+ locations, transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in HOMEWATCH CAREGIVERS?
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