HOMEWELL CARE SERVICES

HOMEWELL CARE SERVICES

HomeWell Care Services franchises provide non-medical home care services, including personal care, assistance, companionship, and in-home care, primarily to seniors over 65 and others requiring such support. Franchisees operate under a uniform system developed by the franchisor, using specified marks, standards, and protocols, from a commercial office in a designated territory, hiring employees to deliver services. The business model targets a growing market of private-pay clients, with optional additional services like skilled nursing if licensed.

179
Locations
$54K–$234K
Investment
Since 2003
Franchising
ServicesBurkburnett, TXHaase Holdings, LLCwww.homewellfranchising.comDisclaimer

Franchise Costs


Franchise Fee
$49,500
Item 5 of FDD
Initial Investment Range
$54,401.2 $233,912
Low: $54,401.2High: $233,912
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$108 – $142
Item 6 of FDD

5% royalty + 2% brand development fund + $100/mo conference registration + $8-42/mo email services (2-5 accounts)

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0

Data Based On: 93 HomeWell businesses open and operating as of December 31, 2024 (as stated in the document for Table 1).

* Average gross revenue for 2024 was calculated from the 'Annual Gross Revenues - 2024' column in Table 1. The sum of revenues for the 46 listed businesses (excluding business #037 which had no data for 2024) was $126,800,729. This sum was divided by 46 to get the average. The document states that Table 1 is based on data for all 93 HomeWell businesses, however, only 47 businesses are visible in the provided Table 1, with 46 having 2024 revenue data.

Extracted Item 19 Section

How HOMEWELL CARE SERVICES Compares


Key Insights

  • One of the lowest investment costs in Senior Care (ranked #3 of 43)
  • One of the lowest SBA loan default rates in Senior Care
FranchiseInvestmentFeeRoyaltyLocations
HOMEWELL CARE SERVICES
Current
$54K – $234K$50K5.0%179
SYNERGY HOME CARE$78K – $159K$53K5.0%550
SENIOR HELPERS$149K – $221K$55K5.0%355
ALWAYS BEST CARE SENIOR SERVICES$90K – $146K$50K6.0%275
COMFORCARE HOME CARE$73K – $164K$59K5.0%248
FIRSTLIGHT HOME CARE$127K – $219K$50K5.0%238
Senior Care Average
43 franchises
$158K – $336K$62K5.7%

* 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

Top States
1TX
33
2FL
22
3NJ
11
4AZ
11
5OH
11
6PA
9
7CO
9
8NC
8
9VA
5
10TN
5
11MD
5
12MI
5
13CA
4
14GA
4
15MA
4

+20 more states

SBA Loan History


Historical SBA 7(a) loan data for HOMEWELL CARE SERVICES franchisees (20182025)

Total Loans
29
Average Loan
$156,345
Total Volume
$4.5M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


190 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

190 Contacts Available

Unlock all HOMEWELL CARE SERVICES franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Dispute with former franchisee/area representative involving breach of contract, fraud, negligent misrepresentation, and Texas Deceptive Trade Practices Act violations.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
5
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
1
Sold to Franchisees
0
Projected New
29

Frequently Asked Questions


The total initial investment to open a HOMEWELL CARE SERVICES franchise ranges from $54,401.2 to $233,912. This includes a franchise fee of $49,500. Ongoing royalty fees are 5.0% of gross sales.

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