CarePatrol

CarePatrol is a Senior Placement Franchise developed by one of the founders of the industry in the nation. It is a high profit, low investment, low overhead opportunity in the senior care market WITHOUT the worry of hiring caregivers. Simply refer clients to assisted living and other senior housing communities and receive a handsome commission.

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CarePatrol Franchise Cost and Requirements for 2023

Background

About Us

America's Original Senior Placement Service

Founded in 1995 by a social worker after observing the personal trauma experienced by a family whose loved one had been placed in the wrong type of facility, CarePatrol became the pioneer organization of the now thriving senior placement industry. Today, under the careful direction of that same founder, we're helping families make safe choices all over America and are developing our brand with a steady and calculated growth to ensure a superior platform for the support of our franchisees nationwide.

CarePatrol assists seniors and their families with the difficult task of identifying the most appropriate residential facility or in-home care service in their area. Each of our offices are contracted with dozens of providers in their region and are paid handsomely every time a client is placed with one of them. The service is completely free to clients as our franchisees are paid directly by the providers. It's a business in which each party benefits and feels tremendous satisfaction every time the service is performed.

The senior placement business model has significant advantages over the homecare operations that have become so popular over the past decade. In addition to a much lower initial investment, without the ongoing expense, headache, and liability of employing caretakers, the total overhead and ease of operation is almost incomparable. Our one-of-a-kind marketing program distributes referrals provided by both headquarters and other franchisees for a 30% fee to the source on paid accounts.

Company Details

Established: 1993
First Unit Franchised: 2009
Franchised Units: 178

States Not Registered: HI, ND, SD, RI, VA, WA

Support and Training Offered By CarePatrol

Financial Assistance Provided: Up to 50% of franchise fee eligible for internal financing
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Recruiting Assistance: N/A
Co-Operative Advertising: N/A

Three Phases of Initial Training:

Phase One Training:
Phase one training begins once you've signed your Franchise Agreement and can take between 4-5 weeks to complete. It occurs at your franchised location via elearning and virtual classes, as well as studying for and obtaining Certified Senior Advisor credential.
 
Phase Two Training:
Phase two training begins once you've completed phase one and is comprised of 1 week in-person classroom training in Gilbert, AZ.
 
Phase Three Training:
Phase three training begins once you've completed phase two training and can take between 4-6 weeks to complete. This is comprised of field training in your territory. It includes, but is not necessarily limited to, securing agreements with facilities and building relationships with marketing referral partners. Your Operations coach will travel to your market to assist for several days out of these 4-6 weeks. 

2023 Franchise Requirements Needed to Own a CarePatrol Franchise.

What does a CarePatrol Franchise Cost?

CarePatrol franchise fees for 2023:

Cash Investment: $57,595
Total Investment: $52,000- $111,000
Minimum Liquid Capital: $50,000
Franchise Fee: $57,000 standard or $20,000 reduced initial franchise fee


Training Fee: $10,000 - covers intitial marketing materials, training and field visit trainings

Tech Fee: $595

Royalty: 10-6% Declining scale based on monthly revenue for standard fee and 12.5% for the reduced initial franchise fee
Average Number of Employees: 0-2
Passive Ownership: No
Home Based: Yes
B2B: Yes
Veteran Discount: Yes, 20% off franchise fee (applies to standard or reduced)

First Responder / Nurse Discount: 15% off franchise fee (applies to standard or reduced)

Is CarePatrol a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. CarePatrol is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is CarePatrol a Home Based franchise?

Yes. CarePatrol is a home based franchise opportunity.

What Do CarePatrol Franchise Owners Make?

Click here to find out how much CarePatrol franchisees make. CarePatrol offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is CarePatrol a Master Franchise Opportunity?

No. CarePatrol is not a master franchise opportunity.

Does CarePatrol Offer a Veteran Discount?

Yes. CarePatrol franchise does offer a veteran discount.

Does CarePatrol Work with E2 Visa and EB-5 Visa Candidates?

Yes. CarePatrol franchise does work with E2 Visa and EB-5 Visa candidates.

Is CarePatrol Looking for Franchisees in Canada?

No. CarePatrol franchise is not looking for Canada franchisees.

Is CarePatrol Looking for International franchisees?

No. CarePatrol franchise is not looking for International franchisees.

Where can I see CarePatrol's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Senior Care, Non Food Franchises

Number of Units Open

100+ UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

Yes

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

CarePatrol Franchises for Sale

Click Here to inquire about existing CarePatrol franchises for sale. We may have CarePatrol franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.