What is a territory?

two women smiling at tablet

Homewatch CareGivers exemplifies a remarkable franchise model by allocating specific territories to its franchise owners. The territories are tailored specifically for each owner, considering population density, economic conditions, competition, and other factors. By assigning specific territories, Homewatch CareGivers ensures that each owner has the best chance for success in their local market. In this blog, we will go more into depth about what it means to own a franchise in a certain territory.

When investing in a franchise many people hear the word “territory” but do not fully understand what that means. A franchise territory is an area where a franchise owner is allowed to establish and run their business. The size and area in which this territory is created is developed with collaboration between you and your Franchise Development Consultant. Homewatch CareGivers awards protected territories that are developed collaboratively with you as much as the market allows. Our development team will work with you using state-of-the-art demographic tools to build an optimal market area. We also work with you to ensure we are building a territory in a strategic area that will be a good source of business partners and referrals.

Our territories are designed to ensure maximum success, so you do not have to worry about redefined areas, Homewatch CareGivers territory consists of contiguous zip codes with healthy household incomes and a total senior citizen population (age 65+)  The actual geographic size will depend on how densely populated your area is. The franchise fee is $50,000 for a territory with a population typically containing 35,000 seniors. This fee allows franchise owners to operate under the Homewatch CareGivers brand name and allows access to ongoing support, a lifetime training guarantee, and proven processes and systems to help launch and grow a home care franchise. Please see our FDD to learn more about territories and pricing.

To learn more click here

Related Posts
  • How to Build a Strong Business With Homewatch CareGivers

    Building a strong business with Homewatch CareGivers requires a combination of knowledge, passion, and communication. While ...

  • The benefits of investing in a growing industry

    The home care industry is a rapidly growing industry that provides care services to individuals who are unable to care for ...

  • How Homewatch CareGivers Celebrates Diversity in Franchising

    The United States saw over 5 million new businesses in 2022 , which was a 42% increase from pre-pandemic levels. There are over ...

Let’s Make Home Care
Better. Together.
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please enter your city.
  • Please make a selection.
  • Please enter your zip code.
    (See Disclaimer) *Required Field
    *Interested parties must have a minimum of $80,000 liquid capital to invest in a franchise.