What does a CarePatrol Franchise Cost?
CarePatrol franchise fees for 2024:
Cash Investment: $57,595
Total Investment: $52,000- $111,000
Minimum Liquid Capital: $50,000
Minimum Net Worth: $250,000
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: $449
Royalty: 10-6% Declining scale based on monthly gross 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
and reduced)
First Responder / Nurse Discount: 15% off franchise fee (applies
to standard and 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?
No. CarePatrol franchise does not work with E2 Visa and EB-5 Visa candidates.
Is CarePatrol Looking for Franchisees in Canada?
Yes. CarePatrol franchise is 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.