To buy a franchise with CarePatrol, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $250,000. Franchisees can expect to make a total investment of $43,620 - $103,620. They also offer financing via 3rd party as well as a discount for veterans (20% off franchise fee).
Full Answer
What is CarePatrol franchise?
CarePatrol is America's #1 senior assisted living franchise and the brand that launched the entire senior placement industry. CarePatrol franchise was founded in 1993 by medical social worker Chuck Bongiovanni after he observed the trauma of a family whose loved one was placed in the wrong type of facility.
Who owns CarePatrol?
Chuck Bongiovanni“Our acquisition by ComForCare creates a partnership that is rooted in our shared mission to be a trusted resource for families and older adults as they age,” said CarePatrol founder and CEO Chuck Bongiovanni. “Together, we will reach new heights in customer service and quality care.”
Who is CarePatrol?
CarePatrol was founded in 1993 with a mission to give seniors and their families a less stressful and easier way to find safer senior care choices. We are the nation's largest and most trusted senior living placement organization with over 150 Local Senior Care Advisors throughout the country.
When was Carepatrol founded?
Founded in 1993 by a social worker after observing the personal trauma experienced by a family whose loved one had been placed in the wrong type of facility, CarePatrol became the pioneer organization of the now thriving senior placement industry. Today, under the careful direction of that same founder, we’re helping families make safe choices all over America and are developing our brand with a steady and calculated growth to ensure a superior platform for the support of our franchisees nationwide.
What is CarePatrol assisted living?
CarePatrol assists seniors and their families with the difficult task of identifying the most appropriate Assisted Living, Independent Living, Memory Care Community or Residential Care facility in their area. Each of our offices are contracted with dozens of providers in their region and are paid handsomely every time a client is placed with one of them. The service is completely free to clients as our franchisees are paid directly by the thousands of providers in our network. It’s a business in which everyone benefits and feels tremendous satisfaction every time the service is performed.
What does a CarePatrol Franchise Cost?
The total initial investment range to open a new CarePatrol franchise is $77,720-$99,145.
How much does it cost to franchise Carepatrol?
The total initial investment range to open a new CarePatrol franchise is $77,720-$99,145.
How many Carepatrol locations are there?
By specializing in this niche, CarePatrol has grown to over 150 locations in more than 30 states, making us not only the largest home placement franchise in the nation but also the brand that 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.
How much did Carepatrol make in 2017?
In 2017, our top-performing franchisee earned more than $703,000 in revenue, and our 10 top-performing franchisees earned more than $428,000 in revenue.
Is Carepatrol an industry leader?
INDUSTRY LEADER - CarePatrol is not only the leader in assisted living Placement, but we are also well positioned to be that leader for many years to come.
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Company Overview
CarePatrol franchisees help seniors and their families in selecting and transitioning into assisted-living and independent-living homes, nursing homes and Dementia and Alzhemer's memory care facilities. Each client's medical, social, geographical and financial needs are individually assessed in order to match them with the right facility.
More from CarePatrol
CarePatrol franchise owners help tens of thousands of seniors find the care they need, and in the process we make a real, tangible difference in the lives of the families we serve.
Franchising Overview
This company is seeking new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Michigan, Minnesota, Missouri, North Carolina, Nebraska, New Jersey, New York, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, Wisconsin.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a CarePatrol franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Background
America's Original Senior Placement Service Founded in 1995 by a social worker after observing the personal trauma experienced by a family whose loved one had been placed in the wrong type of facility,? CarePatrol ?became the pioneer organization of the now thriving senior placement industry.
Support and Training Offered By CarePatrol
Financial Assistance Provided: No Site Selection Assistance: N/A Lease Negotiation Assistance: N/A Recruiting Assistance: N/A Co-Operative Advertising: N/A Training: In 2021, Training is all completed virtually.
Franchises Similar to CarePatrol
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
Get to Know CarePatrol
CarePatrol helps families find assisted living and other housing options for seniors. We refer our clients to top in-home care providers or assisted living communities and receive a generous commission each time our client chooses one of our providers’ services.
Who Makes an Ideal CarePatrol Franchisee?
We don’t require any previous experience in the senior care or medical industries to franchise with CarePatrol. What we do require is:
CarePatrol Frequently Asked Questions (FAQs)
CarePatrol has one of the most intensive training platforms in the industry. A readily available team of operations and marketing experts will help you through every step of the process of becoming your community’s most trusted senior care advisor.
Get CarePatrol Information Today!
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What is CarePatrol franchise?
CarePatrol is America’s #1 senior living placement franchise and the brand that launched the entire industry . CarePatrol franchise owners take the pressure off families to find appropriate senior housing for a loved one, guiding them through care choices and navigating their questions.
Who is the founder of Carepatrol?
CarePatrol franchise was founded in 1993 by social worker Chuck Bongiovanni after he observed the trauma of a family whose loved one was placed in the wrong type of facility. It became the pioneer organization of the now-thriving senior placement industry.
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