Homewatch CareGivers is Named To Franchise Times Top 200+ List
Senior Home Care Franchise Ranked #296 In List of Largest United States Franchises
October 23, 2018 // Franchising.com // DENVER - Homewatch CareGivers announced today that it has been named to Franchise Times’ Top 200+ list, which is an exclusive ranking of the 500 largest franchises. Based on the company’s worldwide system sales and number of locations, Homewatch CareGivers has been rated number 296 alongside the largest franchises in its industry.
This recognition validates the tremendous growth the company has experienced in the past year. In 2017, the brand generated $125 million in sales. Homewatch CareGivers now operates 188 locations in communities throughout the United States.
“We are very excited to be included on such a prestigious list,” said Julie Smith, CEO of Homewatch CareGivers. "This ranking is a direct result of our franchisees’ hard work and dedication to succeed. We look forward to continuing this momentum as we grow into new markets and offer continued support to our existing franchisees.”
Using a combination of companies’ voluntary reports and the most recent franchise disclosure documents, the Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the United States by global system-wide sales, based on the previous year's performance. The project is the result of a five-month research and reporting effort each year that results in the most credible and objective franchise ranking available.
To qualify for the ranking, companies must be a legal United States franchise, with its headquarters based in the United States or at least 10 percent of their total units located in the country. Franchisees must also own at least 15 percent of the company’s total units. The 200 franchises with the top global system-wide sales, including total sales for both franchise and company units, receive the highest rankings.
Homewatch CareGivers provides home care services for families arranging care for senior-aged loved ones and others living with chronic illnesses, convalescing after illness or surgery or who prefer to age in their own homes under the supervision and care of highly trained caregivers. With nearly 200 units across 34 states domestically, as well as in Canada, Central America and South America, Homewatch CareGivers is planning to open up to 15 to 20 franchised locations annually.
Ideal Homewatch CareGivers franchisees have a strong passion for helping people and are active members of their communities. They enjoy working with others – whether it be with their clients, their staff or their local communities – in order to ultimately make a difference to everyone around them. The estimated initial investment for a Homewatch CareGivers franchise ranges from $83,000 to $137,400, which includes a franchisee fee of $49,000. Interested individuals must also have a minimum net worth of $350,000 and $50,000 liquid capital to ensure additional funding is available while launching their franchise.
To learn more about Homewatch CareGivers services and franchising opportunities, visit www.homewatchcaregivers.com.
About Homewatch CareGivers
Homewatch CareGivers, LLC is based in Greenwood Village, Colorado. The company’s franchisees deliver a variety of person-directed, professional at-home services including elder care, care for individuals with developmental and physical conditions, after-surgery care and dementia care. With a heavy involvement in the Home Care Association of America (HCAOA), the Homewatch CareGivers mission is to provide the best-in-class care for each and every client, to serve as a vital part of the continuum of care and to provide the support franchisees and caregivers need to find success and make a difference in their communities.
About The Franchise Times Top 200+
?The Franchise Times Top 200+® is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 200+ also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest- growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at www.franchisetimes.com.
To learn more about Franchise Times, visit http://www.franchisetimes.com.
All Points Public Relations
SOURCE Homewatch CareGivers