Answers to common questions about ownership with the CarePatrol franchise
Below is a list of answers to common questions prospective franchise owners ask while they are researching franchise ownership with CarePatrol. If you don’t see the answer to your specific question on this list, please give us a call using the number on this page or download our Franchise Information Report to learn more.
What makes CarePatrol unique?
CarePatrol franchise is the original senior home placement franchise. Our Founder and Executive Vice President of National Strategic Partnerships, Chuck Bongiovanni, created CarePatrol in 1993 because his experience as a social worker awakened him to the fact that seniors were often not being placed in facilities that could meet their needs. Fast-forward 20 years, and CarePatrol is now the largest senior home franchise in the United States, with over 150 locations in more than 35 states. CarePatrol is unique because our franchisees are subject-matter experts and have deep knowledge of the care options in their areas. As a result, our franchisees help thousands of seniors find the right facilities and have helped thousands more family members get the peace of mind that comes with knowing that their loved one is receiving the right treatment.
What is the total investment?
CarePatrol is an extremely affordable franchise system with unlimited profit potential. The total investment necessary to begin operation of a CarePatrol franchise ranges from $71,540 to $88,490. Our proven business model can be started from the comfort of your home, with little to no overhead, which makes it easy for franchisees to focus on growing their businesses and helping families in their local area.
What are the franchise fees and royalty structure?
We currently charge an initial franchise fee of $49,500. Our royalty is a flat fee that varies based on the size of your business. Please see our current Franchise Disclosure Document for additional details.
What are the qualifications for ownership?
We are seeking investors with a minimum of $50,000 liquid assets and a minimum net worth of $250,000. While we do not require experience in the assisted-living facility industry or any related field, we do require a passion for helping seniors, the ability to learn and the drive to be a meaningful member in your community.
What are the growth markets for CarePatrol?
We have significant demand and room for prime locations throughout the United States. We offer tremendous growth potential with available territory in choice locations. Our brand offers enormous brand equity and the ability to capitalize on the high demand for helping seniors find the care they need and deserve.
Can I own multiple CarePatrol franchise locations?
While multiple-unit ownership opportunities are possible, we encourage our franchisees to begin their new career as the owner of a single CarePatrol territory. Once you have mastered the business, you may qualify for multi-unit ownership.
How many employees do I need?
Because CarePatrol is a home-based business, our franchisees can successfully operate their business on their own when starting out. This helps to keep ongoing business expenses lower in the crucial early months of launching your business. You will then add the employees you need as your business demands grow.