CareBuilders at Home provides non-medical in-home care services including personal care and companionship for seniors. The franchise supports aging in place with compassionate assistance.
Key Insights
- CareBuilders at Home started with a clear vision to establish new benchmarks of excellence within their field, combining industry expertise with customer-focused innovation to create sustainable competitive advantages that benefit both franchisees and the communities they serve.
- Daily assistance services range from medication reminders and mobility support to companionship and household management, always respecting client independence and personal preferences while ensuring safety and well-being in familiar home environments that promote dignity and comfort.
- Professional standards continue to evolve within the industry, creating competitive advantages for quality-focused providers who invest in training, certification, and continuous improvement while maintaining customer-centered service approaches that build trust and loyalty.
Franchise Fee and Costs to Open
Exploring the financial picture of CareBuilders at Home gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $110,700 - $165,500, along with a franchise fee of $49,500 - $49,500.
Financial Performance and Revenue
Yearly gross sales of $1,443,200 and estimated earnings of $259,776 - $360,800 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 1.4-3.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
CareBuilders at Home provides comprehensive initial training to new franchisees. This immersive program spans two weeks and is conducted at the franchisor's headquarters. The training covers operational frameworks and best practices, equipping franchisees with the knowledge to establish and grow their businesses. Resources include detailed operational manuals and ongoing support.
Legal Considerations
Legal considerations for a CareBuilders at Home franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a CareBuilders at Home franchise involves considerations like understanding the existing landscape of home healthcare providers in a territory. Managing a diverse team of caregivers requires robust recruitment and training processes, ensuring consistent quality of care. Furthermore, establishing reliable relationships with suppliers for essential medical equipment and supplies is a continuous operational focus.
Franchise Datasheet
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