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Homewatch Caregivers
2865 S. Colorado Blvd.
Denver, CO 80222
800#: (800) 777-9770
Tel: (303) 758-5111
Fax: (303) 758-1724
E-Mail: [email protected]
Web Site: www.homewatch-intl.com
Contact: Mr. Paul A. Sauer, President/CEO
The mission of Homewatch Caregivers is to be the best provider of non-medical personal care services to seniors and others who are recovering, rehabilitating and convalescing within the communities we serve. The elderly make up 25% of the population. This unique franchise opportunity is not only financially rewarding, but offers the chance to make a difference in rendering a variety of basic need and personal care assistance to the elderly.
Franchisor Background
Established: 1973
First Franchise: 1986
Franchise Units: 40
Company-Owned Units: 1
Total Units: 41
Distribution:
U.S. -- 14;
Canada -- 0;
International -- 0
�North America -- Operations in 6 States
�States/Provinces with Greatest Density: 3 in CO, 2 in MN
Projected New Units Over Next 12 months:15
Franchisee Qualifications:5, 3, 2, 3, 4, 4
(Click here for an explanation)
Registered in Following Registration States: CA,IL,IN,MD,MI,WA
Average Number of Employees: 4 FT (FT = Full Time, PT = Part Time)
Space Needs: N/A SF; N/A
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $15-49K
Total Investment: $35-49K
Average Total Investment: $42.0K
Minimum Net Worth: $150K
Fees
�Franchise: $17.5K;
�Average Franchise Fee: $17.5K
�Royalty: 5%/on Gross
�Average Royalty: 5.0%
�Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Financial Assistance: Yes(D)
Cooperative Advertising: No
Franchisee Association / Member: No
Size Of Corporate Staff: 6
On-Going Support: C,D,G,H,I (Click here for an explanation)
Training: 5 Days Denver, CO; Grand Opening at Franchisee Location.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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