3 Reasons to Invest in a CarePatrol Franchise
Join the leading senior placement franchise and make a meaningful difference in the lives of your community
There’s a reason CarePatrol is the largest senior placement franchise in the nation, with more than 150 locations in 44 states. Since our founding in 1993, CarePatrol has excelled at delivering a straightforward business model to entrepreneurs who are passionate about helping seniors and their families. CarePatrol has helped dozens of entrepreneurs become their communities’ most trusted experts in senior care options. In turn, our franchise owners have a made a real, heartfelt difference in the lives of thousands of people.
As CarePatrol rapidly expands across the United States, we are excited to welcome more entrepreneurs into our family of placement experts as we work to help seniors find the care they need and to deliver much-needed peace of mind to the families we serve.
“Now is the best time to invest in a CarePatrol franchise,” says Steve Greenbaum, CEO of ComForCare Health Care Holdings LLC. “Millions of Americans are becoming senior citizens on an annual basis, which created an enormous need for assisted-living facilities. More than eight million people require care from assisted-living facilities today, and that number is expected to reach 27 million by 2050. CarePatrol, as the original home placement brand, is in the best position to help seniors find the care they need — plus deliver peace of mind to families who are in desperate need of it. Our low cost to entry and proven business model have helped dozens of entrepreneurs find lasting success in business. Because the demand for our services is only going to increase, CarePatrol is poised to grow for years to come.”
Here are three of the best reasons to invest in a CarePatrol franchise:
CarePatrol has a proven business model
CarePatrol is the original senior placement franchise. Since our founding in 1993, CarePatrol has become the industry leader by providing families with expertise and hands-on support to help them find the right care facility for their loved ones.
All of our franchise owners are certified senior advisors who thoughtfully help families determine their budgets, needs and care options in their local areas. CarePatrol franchise owners take families on tours and provide them with a comprehensive overview of their care options, including performance reviews and assessment of expertise in treatment.
CarePatrol is tapping into an enormous demand
More seniors need care now than ever before — and the phenomenon commonly known as the “silver tsunami” isn’t going to slow anytime soon. The Population Reference Bureau reports that the senior population will reach 100 million by 2060.
This influx of seniors is creating an enormous demand for assisted-living facilities, nursing homes and home health care. With the average lifespan approaching 80, the number of people suffering from chronic diseases is on the rise. According to the New York Post, “the number of people suffering from four or more chronic diseases is expected to double by 2030,” with cancer and diabetes leading the list. A third of all seniors will be diagnosed with a cognitive disability such as dementia or depression. In total, the senior care industry generates $300 billion a year, and that amount of spending is creating a healthy, competitive environment in industries related to taking care of seniors.
“Life can dramatically change — whether you’ve planned for it or not,” says Chuck Bongiovanni, President and Founder of CarePatrol. “Family is an emotional roller coaster, and when aging loved ones become ill, the family is entering uncharted territory. We come in as the expert. Our job is to help people get the care they need at the place that can provide it, and help the families understand what they’re looking for so that they can make informed decisions. There are so many places out there, and not all of them provide the same type of care.”
You don’t need experience to open a CarePatrol franchise
While CarePatrol franchise owners are subject-matter experts in their communities, the majority of our franchise owners did not have experience in senior care before franchising with us. We provide ongoing training and resources to help you become the trusted advisor your clients expect.
CarePatrol’s training program is one of the most comprehensive in the entire industry. Over the course of 16 non-consecutive weeks and four stages of training, our franchisees become the experts their communities need in times of deep emotional upheaval and stress.