What does a HomeWell Care Services Franchise Cost?
HomeWell Care Services franchise fees for 2024:
Cash Investment: $50,000
Total Investment: $54,400 - $234,900
Minimum Net Worth: $250,000
Franchise Fee: $49,500
Royalty: 5%
Ad: 2%
Item 19: Yes
Average Number of Employees: 4
Visa Candidates: Yes-E2
Passive Ownership: No
Semi-Passive Ownership: Yes. (Must hire Operating Manager to run
business.)
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes, 20% ($9,900 off)
HomeWell is reducing the barrier to entry through our
buying options. Upon signing a franchise agreement, all new
franchisees will pay a $5,000 training fee. Then they have two
options:
Option 1: The Standard Path-franchise fee of $49,500 will be
paid within 150 days of signing the franchise agreement and have a
5% royalty. OR
Option 2: The Zero-Initial Franchise Fee- Pay only the $5,000
training fee and have a 10% royalty rate until reaching a
pre-determined amount of revenue.
Is HomeWell Care Services a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. HomeWell Care Services is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is HomeWell Care Services a Home Based franchise?
No. HomeWell Care Services is not a home based franchise opportunity.
What Do HomeWell Care Services Franchise Owners Make?
Click here to find out how much HomeWell Care Services franchisees make. HomeWell Care Services offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is HomeWell Care Services a Master Franchise Opportunity?
No. HomeWell Care Services is not a master franchise opportunity.
Does HomeWell Care Services Offer a Veteran Discount?
Yes. HomeWell Care Services franchise does offer a veteran discount.
Does HomeWell Care Services Work with E2 Visa and EB-5 Visa Candidates?
Yes. HomeWell Care Services franchise does work with E2 Visa and EB-5 Visa candidates.
Is HomeWell Care Services Looking for Franchisees in Canada?
No. HomeWell Care Services franchise is not looking for Canada franchisees.
Is HomeWell Care Services Looking for International franchisees?
No. HomeWell Care Services franchise is not looking for International franchisees.
Where can I see HomeWell Care Services's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.