SYNERGY HomeCare Continues Growth With 52 Territory Sales In 2021
Home Care Franchisor Earns Spot On Entrepreneur Top 500
January 18, 2022 // Franchising.com // Gilbert, Ariz. - SYNERGY® HomeCare continued to grow its footprint by selling 52 territories in 2021. This was a 37% increase over 2020 that produced an industry-leading 38 territory sales.
The growth earned the company a spot on the prestigious Entrepreneur magazine 2022 Franchise 500.
SYNERGY HomeCare has grown from 336 to 406 territories over this span with 88% of the growth occurring over the last 18 months. This marked the second straight year of dramatic growth as 2020 saw a 35% territory sales increase.
“It is exciting to have sales momentum that has coincided with our brand refresh and our leadership team’s focus on franchisee revenue, caregiver recruiting and system growth. We continue to attract candidates who are very impressive,” said SYNERGY HomeCare CEO Charlie Young. “I believe so many care-driven, compassionate entrepreneurs are attracted to us because we get them up and running quickly, propel them forward and help them create local referral partnerships. They also understand how we leverage our national scale providing our franchisees with local lead generation. Finally, they clearly see the benefits of our highly collaborative franchisees who are so enthusiastic in sharing ideas and experiences.”
Young pointed out that SYNERGY HomeCare has also benefited from a brand refresh. Additionally, the leadership team was strengthened with the promotion of Mike Steed to Chief Growth Officer while franchise industry expert Jennifer Chasteen was named Chief Marketing Officer.
Note: The company’s 38 territory sales in 2020 were more than any other franchisor according to a review of franchise disclosure documents (FDDs) and other public records of all home care franchisors who are members of the International Franchise Association (IFA).
SOURCE SYNERGY HomeCare
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