How to start a franchise? How much does a franchise cost? What is the best franchise to own?
These are important questions! Starting a franchise is a big step. Here are the answers to our frequently asked questions.
Are franchise territories available in my area?
Contact our team for availability. One of our Franchise Development Consultants will discuss availability and can provide strategic alternatives if necessary. Also browse our featured territories, including franchise opportunities in Texas, California, and Florida.
Are Comfort Keepers franchise territories protected?
Yes, each franchise owner is granted their own zipcode-based territory.
How much does it cost to start a Comfort Keepers franchise?
The initial franchise fee is $50,000. Working capital is also needed for additional anticipated start-up costs. Financing programs are available.
Do you have financing programs available?
Yes. We offer a financing program for qualified buyers. This applies to both individual franchisees and multi-unit purchases.
How is the market for senior care services?
The senior care service industry is expected to experience significant growth over the next 40 years as baby boomers continue to age and younger generations approach retirement.
In 2020, the market for in-home senior care is projected to reach approximately $23 billion, exhibiting a decade-long average compound annual growth rate of 13%. According to the latest U.S. Census Bureau data, there are currently over 50 million adults in the U.S. over the age of 65 – and this population is projected to reach 70 million over the next 30 years.
Now is the best time to join the booming senior care industry.
What traits are important for a franchise owner?
Running your own senior care business is hard work. There are common characteristics of a successful franchise owner, including:
- Must be a self-starter
- Focused on sales to understand the importance of driving your own success
- Passionate about providing quality in-home care
- Able and willing to follow a proven system and not recreate the wheel
- Capable of multitasking to simultaneously manage internal and external business priorities
- Effective and efficient in time management and prioritization
Do you provide local support?
Yes, we have a team of field leaders who work directly with our franchisees to provide on-going operational support and guidance. We also have additional online and in-person resources that empower, educate, and support franchisees to take their business to the next level.
What training is provided?
After signing your franchise agreement, you will be assigned a Regional Director who will discuss your next steps and our training program. Visit our quick guide on getting started.
How do you get started?
Have another question? Contact us and we’ll be in touch. We want you to feel confident in your decision to join us.