CarePatrol

Description

CarePatrol is a FREE SERVICE that helps families make safe choices when placing a loved one into an assisted living, independent living or memory care community. Our franchisees operate as a referral agency that assists through the process of finding the right facility for loved ones; in terms of what they can afford and need. Franchisees are compensated directly by the facilities per move in, much like the real estate industry.

Franchisees are compensated directly by facility per move in and receive a referral fee based on a percentage of the monthly cost. Average referral is 70% of first month’s rent but can be as high as 100% based on the contractual agreement between franchisee and facility. The monthly costs can range from $1,000 - $10,000 per month.

Business Type:
Home Based
Office Space

Background

Year Established: 1994
Year First Franchised: 2009
Franchised Units: 100 - 250
Actual number of units: 130
Company Owned Units: 1

States referrals areaccepted in:

  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Idaho
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington DC
  • West Virginia
  • Wisconsin
  • Wyoming
 

Financial / Terms
Cash Investment (Liquid): $70000
Minimum Investment: $64400
Maximum Investment: $82450
Minimum Net Worth: $150000
Franchise Fee: $49500
Discounts: Vet Fran
Financial Performance Representation / FPR-Item 19 in FDD: Yes
Ownership Participation: Owner-Operator
Executive Model Passive Ownership
Royalty Type: Flat Dollar Fee

Royalty Fee Structure:
$500.00 year 1, $700 year 2, $1,000 year 3+

Monthly Technology fee - $60.00

Ad Fee Structure: N/A

Financial Terms Notes:

  • Graind Opening Fee - $5,000 due prior to training pays for 6 months marketing supplies and coaching visits
  • Intensive Coaching Program: $600.00 1st 4 months
  • Low investment - $64,400 - $82,450
  • Home based or small executive office location is optional
  • Regular business Hours (8am - 5 pm) and responsible to answer clients calls on weekend's
  • Owner operates + 1 Administration Employee and additional marketing staff as needed
  • Protected territory
  • Corporate Leads provided by website
  • National Accounts in place and ready for referrals
  • Simple Accounting Process - No long term accounts receivable, typical 30 day due
  • Flat Royalty

Franchise Sales

Single Unit: Yes
Multiple Units: Yes
Area/Master Developer: Yes
Resales: Yes

International Expansion

International Expansion Opportunities: No
Regions outside of U.S. available for Expansion:
Canada / North America

Countries:
Currently going through the process of registering in Canada

 

Support & Training Provided

One week pre-training home-study
One week training at corporate headquarters in Phoenix
Two days with a coach in their territory to develop their network
Two days with a coach in their territory to develop referral sources
Strategic Partner Support Program - Daily Coaching Call (for first 4 months)
Continuous training via national webinars and regional coaching clinics
National Convention held each October

Other Support:

Leads generated through CarePatrol HQ and other Senior Services web portals
Call Center: After qualified inquiry is made franchisee is notified by a phone call. Live calls are then forwarded directly to franchisee for immediate contact when possible
CarePatrol Call Center has 3 full-time Master Level Social Workers qualifying candidates.
CarePatrol HQ understands it's all about training for the franchisees. They have invested hundreds of thousands of dollars to put the national call center in place, as well as created specific partnerships with portals that provide leads to the franchisees. CarePatrol franchisees build personal relationships with their referral network and placement facilities. Because of the "hands on" professional approach they have a distinct advantage over their competitors.

Get Started!

 

Freddy O'Pry

Franchise Development

281-342-7474