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Initial Investment

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Investing in a Homewatch CareGivers franchise requires a net worth of $250,000 with a minimum of $50,000 in liquid assets. The estimated initial franchise investment for this home care franchise opportunity ranges from $87,000 to $137,400 and includes our franchise fee of $49,000. We highly recommend another $40,000-$60,000 in additional capital for a fully-funded initial 12 month investment. Total investment depends on a variety of factors including your location and state licensing requirements (if applicable).

The investment includes the franchise fee, costs to set up your office, insurance, liability and bonding, computer hardware and software, furniture and fixtures, plus wages for your employees and working capital. Owner salary is not included within this initial home care business investment.

Below is a breakdown of the types of expenditures included in the initial investment*:

Type of Expenditure
Estimated Amount
 Franchise Fee
                   $49,000
 Supplementary Territory Fee           $0 - $12,500
 Office Setup
       $3,250-$7,500
 Training Expenses
       $1,500-$4,500
 Legal and Insurance Expenses
     $6,250-$16,900
 Initial and Local Marketing Spend
                      $7,000
 Additional Funds for 3 Months
   $20,000-$40,000
 Total Initial Investment
 $87,000-$137,400

*See 2016 FDD, Item 7, for more detailed information on Estimated Initial Investment, including more specifics on expenses listed above.

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"I feel that in the next two decades, the home care market potential is going to explode."

Sue Cook – Las Vegas, NV

"I am so grateful to own a Homewatch Franchise!  We touch people’s lives everyday through the positive work that we do by helping those in need and providing jobs to caregivers." 

Kathryn Parks – Columbia, MD

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