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Homewell Care Services

1. Franchise Snapshot

Why this franchise?
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Franchise Status
Active
Basic Information
Industry
Healthcare
Category
Home & Senior Care
Investment Range
$54,401.20 - $233,912
Total US Locations
179
Franchise Units
179
Founding Year
2002
Started Offering Franchises
2003
Management Capacity
Owner Operator
Job Count
28
Prior E2 Investors?
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Prior Visa Franchise Clients?
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Royalty Fee
5%
Marketing Fee
2%
Franchise Fee
$24,750
Headquarters (City, State)
Burkburnett, TX
Square Footage
N/A - N/A
Retail Location?
No
Agreement Term Length
10 Years
Video

In these videos you will learn about the company firsthand. And they will also tell you in a short form about the financing of the enterprise.

2. Franchise Overview

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Overview

HomeWell Care Services offers a franchise opportunity in the home care services industry, providing non-medical, in-home care solutions to seniors and others in need of assistance. The company offers a range of services, including personal care, companionship, and other non-medical home care services, with the option for franchisees to expand into medical care services if properly licensed. The HomeWell franchise system is designed to provide franchisees with a proven business model, comprehensive training, and continuous support to help them establish successful businesses. Franchisees benefit from a robust system that includes standardized operations, marketing strategies, and a commitment to customer satisfaction, ensuring long-term business growth.

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Management team / founders

HomeWell Care Services was founded by Joshua Hoffman, who previously operated a successful HomeWell Senior Care business in Seattle before transitioning to franchising the model. The management team at HomeWell includes experienced leaders such as Crystal Franz, CEO, and other industry veterans with expertise in franchise development, marketing, and operational support. Together, they have developed a comprehensive franchise system that equips franchisees with the tools and resources needed to succeed in the growing home care services industry.

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Focus of owner for daily business operations

As an operator of a HomeWell franchise, the main responsibilities include: 1.Establishing and nurturing relationships with referral networks within the local community, including healthcare professionals and senior service organizations; 2.Recruiting, hiring, and training competent home care workers to provide quality services; 3.Supervising and ensuring that home care workers are trained and adhere to the company’s service standards; 4.Managing day-to-day operations, including scheduling, billing, and ensuring compliance with local regulations and licensing requirements; 5.Implementing marketing strategies to increase business visibility and attract new clients, ensuring continued growth and operational efficiency.

3. Performance & Metrics

Franchisor Fees | Item 6
Franchise Value
Industry Median
All Franchises Median
Royalty Fee
4%
5%
7%
Marketing Fee
Franchise Fee
$24,750
Total Investment Cost | Item 7
Type of Expenditure
Low Amount
High Amount
When due
Outlets and Franchisee Information | Item 20
Outlet type
Year
Outlets at the start of the year
Outlets at the end of the year
Net change
Franchised
Total Outlets
Net Unit Growth (Recent year)
Net Unit Growth (Recent year)
Franchise Health Metrics
Franchise Value
Growth Rate
1 year / 3 years
Failure Rate
1 year / 3 years
Franchise for Sale Rate
1 year / 3 years
Franchise Health Metrics
Franchise Historical Loan Metrics
10 Year Cumulative Charge Offs by $ of Loans
10 Year Cumulative Defaults
3 Year Predicted Default Rate
*Please note the information provided here is sourced from Lumos. We do not guarantee its accuracy or completeness. For verification, please refer to Lumos directly.
Item 19 – Financial Performance Representations
Historical financial performance representations
Franchise Financials
Historical financial performance representations
Litigation & Bankruptcies
% of Franchisees Undergoing Litigation
% of Franchisees with Completed Litigation
Number of Bankruptcies Disclosed
*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.

4. Our Take

*The litigation information displayed has been reviewed by our Product Development team. Franchises featured on this platform have been thoroughly assessed. However, Visa Franchise strongly recommends consulting with your own legal counsel for further guidance.