Entrepreneur Magazine Ranks CarePatrol #1 Assisted Living Placement Franchise, Overall Rank #288
CarePatrol Franchise Systems, LLC jumps into Entrepreneur Magazine’s Top 500 for the first time.
Gilbert, AZ (PRWEB) December 26, 2013 - Finding assisted living, memory care and other senior living options can be very difficult for a family. Not knowing where to start, how to begin, or where to go for information can make it even more daunting. CarePatrol helps families overcome these obstacles by narrowing the search down to three or four professionally chosen communities that match each seniors’ medical, financial and geographic needs.
CarePatrol began franchising in April 2009; there are currently sixty-eight franchise locations throughout the United States from Seattle to Connecticut, and countless cities in between. CarePatrol was recentlyranked the #1 Assisted Living Placement Franchise by Entrepreneur Magazine for 2014 in their annual ranking of the Top 500 Franchises in the nation. There are currently over 5,000 franchised brands in the US; only the top 10% of all franchises make the annual Entrepreneur Magazine Top 500 list.
CarePatrol made the list for the first time in its history and entered the rankings at #288.
"When we found out we made the list for the first time, we thought we would come in at around 390. We were surprised to find out we were #288 overall and #1 in the assisted living placement category," said CarePatrol CEO Chuck Bongiovanni.
Companies of all sizes are judged based on factors including financial strength and stability, growth rate and size of system, number of years in business, and start-up costs. Litigation and termination percentage and financing options are also considered.
CarePatrol’s aggressive growth plans will continue into 2014. CarePatrol plans on doubling in size for the second year in a row, bringing its total number of franchises to 130.
"We want to be the first and only assisted living franchise option for potential franchisees considering senior care franchise opportunities." said Bongiovanni.
Great franchise locations are still available. Franchise fees are $44,500.00 with a total investment between $57,000.00 and $71,000.00.
Established in Arizona in 1994, CarePatrol is a free senior housing referral service that helps families find independent living, assisted living, memory care and in-home care options. They assess client’s care level needs, financial needs and general preferred locations to recommend the best care options. CarePatrol Senior Care Consultants tour clients through their recommended communities and are a free service to the family as they are paid by the community that the family ultimately chooses. As a rapidly expanding franchise company with many locations around the nation, CarePatrol’s innovative and unprecedented approach to long-term care has positioned the company as a pioneer in the industry. Learn more at http://www.carepatrol.com.
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