First Prize Franchise

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Another brandEXPANSION Project

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Comfort Keepers

It’s not everyday you find business opportunities that are rewarding financially as well as emotionally. That’s one of the many special things about Comfort Keepers®, one of the leading providers of in-home care for seniors and other adults requiring additional care. Comfort Keepers provides care services like meal preparation, incidental transportation, and companionship which enables thousands of aging adults the ability to remain in their own homes.

Background

Year Established: 1998
Year First Franchised: 1999
Franchised Units: 554
Company Owned Units: 0
Projected New Units: 34
States/Countries Registered In: Open to sell in all US states
Availability in Canada: Masters / Area Developer Canada is handled by Master Franchise agreements already in place

Financial/Terms

Cash Investment: $32.5K (single unit)
Total Investment: $59K to $89K (single unit)
Minimum Net Worth: $200K
Franchise Fee: $32.5K (Initial Marketing supplies, Launch kit for grand opening including Direct mail, business software, 1 year software license fees provided at no additional cost) (2nd franchise$27.625K, 3rd franchise $26K, 4th and above $24,375K)
Discounts: FranVet, Women, Minorities: Yes
VetFran Program Participant: Yes, see benefits below
* One one-year subscription to New Horizons Learning Center for franchise owner and staff for online training
* Credit of $250 for initial order of business cards, letterhead and CK stationary
* Credit of $500 for initial order of CK promotional products and logo attire
Royalty: Descending from 5% to as low as 3% as business grows
Ad: No national advertising fee
Average # of Employees: 2 Full time initial employees & Initial part-time caregivers on call as needed.
Passive Ownership Allowed: Yes, possibly, as long as certain qualifications are met. Must be at minimum 25% committed in time to business & franchisee must attend initial training
Earnings Claim: No

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