ComForCare Home Care Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$59,000
Investment required
$73,000 - $164,000
ComForCare: Leading the Way in Compassionate Home Care
ComForCare Home Care is a well-established franchise that specializes in providing non-medical in-home care services for seniors and individuals with disabilities. Founded in 1996 in Michigan, ComForCare has grown significantly over the past two decades, becoming a leader in the senior care industry.
The franchise is headquartered in Bloomfield Hills, Michigan, and began franchising in 2001.
The franchise offers a wide range of services, including assistance with daily living activities, medication reminders, and specialized care for individuals with dementia through its DementiaWise® program.
This program, along with the Joyful Memories® initiative, which uses music to enhance the quality of life for those with dementia, sets ComForCare apart from other franchises in the industry. These innovative programs have earned the franchise industry recognition and helped it build a reputation for compassionate, high-quality care.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure | Amount |
Initial Franchise Fee | $29,500 - $59,000 |
Travel Expenses for Training | $0 - $7,800 |
Real Estate & Related Expenses – 3 months | $2,250 - $3,400 |
Office Equipment | $2,300 - $6,800 |
Computer Systems – 3 Months | $3,000 – $5,000 |
Signs | $100 - $575 |
Miscellaneous Opening Costs | $1,200 - $5,600 |
Licensing Fees | $0 - $6,000 |
Accreditation Fees | $0 - $10,000 |
Insurance – 3 months | $1,875 - $3,650 |
Office Supplies | $1,000 - $2,350 |
Local Marketing – 3 Months | $6,000 |
Recruiting Expenses – 3 Months | $2,250 |
Additional Funds – 3-6 Months | $23,500 - $45,500 |
Total | $72,975 - $163,925 |
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Franchise Disclosure Document
Training
ComForCare Home Care Franchise provides comprehensive training designed to equip franchise owners with the knowledge and skills necessary to run a successful senior care business, even if they have no prior experience in the healthcare industry. The training includes several key components:
- Initial Training Program: New franchisees undergo an extensive initial training program that covers all aspects of the business. This includes modules on the operational processes, business management, marketing strategies, and the legal aspects of running a home care franchise. This training is designed to ensure that franchisees have a strong foundation before launching their business.
- CaregiverFirst Program: A significant part of the training focuses on the recruitment, training, and retention of caregivers. ComForCare’s CaregiverFirst program includes a 10-step hiring process to help franchisees select the most qualified and compassionate caregivers. This program also includes ongoing training and certification opportunities to ensure caregivers are well-prepared to deliver the highest quality care.
- DementiaWise® Training: Franchisees and their staff receive specialized training in the DementiaWise® program, which is an award-winning approach to dementia care. This program teaches techniques to engage and support individuals with dementia, helping them maintain their independence for as long as possible.
- Ongoing Support: After the initial training, ComForCare provides ongoing support through regular coaching, webinars, and access to a network of experienced franchise owners. This ensures that franchisees continue to develop their skills and adapt to any challenges they may face in running their business.
Territory Protection
ComForCare Home Care franchise offers territory protection to its franchisees. This protection ensures that each franchisee has an exclusive territory where they can operate without competition from other ComForCare franchises.
The designated territory is typically determined based on factors such as population density and demographics, ensuring that franchisees have ample opportunities to grow their business within a defined area.
This exclusive territory protection is designed to safeguard the investment of franchisees, allowing them to build and expand their client base without the risk of overlapping with another franchisee.