3 Reasons to Open a CarePatrol Franchise in 2019
The nation’s leading senior placement franchise excels in helping entrepreneurs realize their dreams of helping people
For entrepreneurs who want to open a business that makes a meaningful difference in the lives of people in their communities — while also serving a tremendous need — CarePatrol is a smart choice.
CarePatrol is one of the leading brands in the senior care industry, which is expected to grow to $300 billion annually by 2020. We’re one of the industry leaders because our founding in 1993 created a lucrative and untapped market segment: the home placement industry. By specializing in this niche, CarePatrol has grown to over 150 locations in more than 44 states, making us not only the largest home placement franchise in the nation, but also the brand Americans trust. More importantly, our franchisees have helped thousands of families and are rewarded both financially and personally, as the impact our franchisees have on their communities cannot be measured.
Here are three reasons you should open a CarePatrol franchise in 2019:
Own a business that makes a real difference in people’s lives
Day in and day out, CarePatrol franchisees are helping seniors get placed in the safest and best-fit facilities that can take care of them, while providing peace of mind to families who are in emotionally turbulent times. Owning a CarePatrol franchise is the ideal way to own a business that exists to help others, with the added benefit of joining a system that has 25 years of building a nationally trusted name, plus systems and processes that allow entrepreneurs to succeed.
Our franchise owners go through an immersive, industry-leading training process over the course of 16 weeks. All of our franchise owners are certified senior advisors who thoughtfully help families determine their budgets and needs and the 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 expertise in treatment.
“The training they provide is excellent, and it is very financially rewarding,” says Mike Awadalla, owner of a CarePatrol franchise in the San Francisco Bay area. “I used to work six days a week in the restaurant business, and I would have to go home at 2:00 or 3:00 in the morning. I don’t have to do one-third of the work I was doing in the restaurant business. It’s been a great experience to own a CarePatrol franchise.”
More seniors need your help than ever before
According to The Washington Post, 10,000 people will turn 65 every day until 2029, and this wave of seniors is creating an enormous demand for assisted-living facilities. Finding a facility that is ideally suited to care for a senior is usually one of the most challenging and emotional experiences for the immediate family, who often are not equipped with the knowledge necessary to make a good decision. This is where CarePatrol excels.
“Now is the best time to invest in a CarePatrol franchise,” says Steve Greenbaum, CEO of ComForCare Health Care Holdings LLC. “It’s no secret that millions of Americans are rapidly becoming senior citizens, which has 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.”
CarePatrol is a low-cost investment with unlimited profit potential
CarePatrol is one of the most affordable franchise opportunities on the market, and it has tremendous earning potential. Our home-based business model substantially lessens the financial barriers to franchise ownership, making CarePatrol an accessible and proven route for entrepreneurs who want take control of their future in a growing business that makes a real difference in people’s lives.
The total initial investment to open a new CarePatrol franchise ranges from $71,540 to $88,490. Our low entry cost has grown out of more than 25 years of expertise in helping our franchisees grow thriving businesses in their communities.
“We’re able to put people in a safe, secure place and have the family heap praise on you,” says Frank Cunningham, owner of a CarePatrol franchise in Pasadena, California. “I’ve had people say to me, ‘God sent me to you.’ Who needs a paycheck for that? It’s heart work. It’s soul work.”