HomeWell Care Services Reports Strong First Quarter 2020 Results
April 16, 2020 // Franchising.com // Burkburnett, Texas - HomeWell Care Services, one of the nation’s leading non-medical home care franchisors, released its first quarter franchise development results.
FirstQuarter 2020 Highlights:
- The company awarded eight new territories, which is represented by seven signed franchise agreements. These include Beverly Farms, Mass., Charlotte, N.C., Georgetown, Del.,Colorado, Spring, Colo., Pueblo, Colo., Bonita Springs, Fla., and Lexington, Ky.
- The system launched four new home care agencies this quarter in the following areas: HomeWell of WestFort Worth, HomeWell of MetroWest, HomeWell of Andover, and HomeWell of SussexCounty
“We started the year off with great momentum and it shows in our first quarter growth. Future business owners are taking notice of the investment we are making in the HomeWell brand and are looking to be a part of an industry that’s seeing tremendous growth,” said Crystal Franz, chief strategy officer of HomeWell Care Services.
HomeWell recently launched a system-wide, comprehensive rebrand late last year. There brand was the result of a significant amount of consumer research, which better positions HomeWell as the home care agency of choice in communities nationwide. Additionally, HomeWell has launched many new brand programs that allow its owners to attract more business and further drive their growth.
“HomeWell has evolved greatly in recent years and more people are seeing the value in home care. As a result, we have in place a strong franchise candidate pipeline,” said Brandon Clifford, vice president of franchise development. “What’s most exciting about home care, other than the obvious rise in our aging population, is the scalability of this business model. Since our franchise owners offer services within the homes of their clients, it does not require the large build out needed for a brick and mortar or retail concept. This allows new owners to enter this model at a reasonably low level of investment, but also easily scale their business by simply acquiring more territory and not having to invest in more real estate like you see with so many other franchised business models.”
HomeWell is focused on strategic expansion across the U.S. through franchise-owned development. With many territories available, the company expects to have over 100 HomeWell Care Services franchises by 2023.
SOURCE HomeWell Care Services
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