- 2022 Franchise 500 Rank
-
N/R Ranked #498 last year
- Initial investment
-
$44K - $104K
- Units as of 2022
-
141 7.6% over 3 years
Company Overview
About CarePatrol
- Industry
- Personal-Care Businesses
- Related Categories
- Senior Care
- Founded
- 1993
- Parent Company
- Best Life Brands LLC
- Leadership
- J.J. Sorrenti, CEO
More from CarePatrol
ABOUT CAREPATROL
WHY CAREPATROL
CarePatrol franchise owners help tens of thousands of seniors find the care they need, and in the process we make a real, tangible difference in the lives of the families we serve.
Proven Business Model
CarePatrol is the largest senior care placement franchise in the U.S., with over 150 locations in 44 states. Since our founding in 1993 our proven best practices have helped social entrepreneurs realize their dreams of owning a business that makes a difference in their communities.
The Demand is Real
More seniors need care now than ever before - and the phenomenon commonly known as the “Silver Tsunami” isn’t going to slow down anytime soon. The Population Reference Bureau reports that the senior population will reach 100 million by 2060.
You Don’t Need Experience
While CarePatrol franchise owners are known as subject matter experts in their communities, the majority of our franchise owners did not have any experience in senior care before franchising with us. We provide ongoing training and resources to help you become the trusted advisor your clients have come to expect.
Low Cost Investment
CarePatrol is a low cost investment opportunity with high earning potential. Our straightforward business model is home-based and turn-key, allowing you to keep overhead extremely low, while we help you to market your business quickly.
WHY IS CAREPATROL A WISE INVESTMENT?
It's no secret that millions of Americans are rapidly becoming senior citizens on an annual basis, which has created an enormous need for assisted-living facilities. More than 8 million people require care from assisted-living facilities today, and that number is expected to reach 27 million by 2050. CarePatrol, as the original home placement brand, is in the best position to help seniors find the care they need — plus deliver peace of mind to families. Our low cost to entry and proven business model have helped dozens of entrepreneurs find lasting success in business. Because the demand for our services is only going to increase, CarePatrol is poised to grow for years to come.
What Franchise Owners Are Saying
- Ron Culyer:
“I get to do something every day that I can feel good about. The families are probably going through one of the top three most stressful situations you ever have to deal with in life. The part I love is when you see it in their eyes that you found them a good fit and that they do have a safe option that they didn't know about before. I love it, I've been doing it for 10 years and I’m going to keep doing it”. - Michelle Graft:
“One of my most important goals when I started CarePatrol is I wanted to find a way to be connected with my community. But, I also had financial goals and I've more than surpassed that goal. It's been amazing and I’ve been able to do that without sacrificing my personal life. I have time for my family and children. That has actually been enhanced.”
WATCH OUR BRAND STORY
Franchising Overview
- Franchising Since
- 2009 (13 years)
- # of employees at HQ
- 43
- Where seeking
-
This company is seeking new franchisees in the following US states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
- # of Units
- 141 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a CarePatrol franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $15,000 - $52,000
- Initial Investment
- $43,620 - $103,620
- Net Worth Requirement
- $250,000
- Cash Requirement
- $50,000
- Veteran Incentives
- 20% off franchise fee
- Royalty Fee
- 6-10%/12.5%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- CarePatrol has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 50 hours
- Classroom Training
- 34 hours
- Additional Training
- Online training
- Ongoing Support
-
NewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesNational MediaSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 1-2
- Are exclusive territories available?
- Yes
Request free information
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Read our privacy policy for more information.
Franchise 500 Ranking History
Compare where CarePatrol landed on this year’s Franchise 500 Ranking versus previous years.
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