Start-Up Costs and Fees |
||
| Sarah Adult Day Services | CareMinders | |
| Investment | 261000 - 280000 | 138100 - 199000 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 3.75%-5% |
| Advertising Fee | ||
| Year Founded | 1985 | 2004 |
| Year Franchised | 2000 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sarah Adult Day Services | CareMinders | |
| Experience | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. | |
Financing Options |
||
| Sarah Adult Day Services | CareMinders | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Sarah Adult Day Services | CareMinders | |
| Training | Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough. | |
| Support | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations | We provide you with a copy of the official CareMinders Home Care operations manual is your blueprint to building and growing your CareMinders Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business. |
| Marketing | Ad slicks, National media | We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues. |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Sarah Adult Day Services | CareMinders | |
| US Expansion | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Sarah Adult Day Services | |
| CareMinders | |
| Franchise Fee | |
| Sarah Adult Day Services | |
| CareMinders | |
| Royalty Fee | |
| Sarah Adult Day Services | 10% |
| CareMinders | 3.75%-5% |
| Advertising Fee | |
| Sarah Adult Day Services | |
| CareMinders | |
| Year Founded | |
| Sarah Adult Day Services | 1985 |
| CareMinders | 2004 |
| Year Franchised | |
| Sarah Adult Day Services | 2000 |
| CareMinders | 2004 |
| Term Of Agreement | |
| Sarah Adult Day Services | 10 years |
| CareMinders | 10 years |
| Renewal Fee | |
| Sarah Adult Day Services | |
| CareMinders | $2,500 |
Business Experience Requirements |
|
| Experience | |
| Sarah Adult Day Services | Q:Do I need a health care background to manage the center? A:No. Some of our most successful franchisees have business, marketing and/or sales backgrounds. Having a formal healthcare background and/or training is not necessary. Prior franchise experience is helpful. Q:Do I have to be on site to manage the daily operations of my center? A:No, we will assist you in hiring an Executive Director who will manage the center. You will be expected to have weekly meetings and unannounced visits to your center to ensure your Executive Director is fulfilling their obligations. |
| CareMinders | |
Financing Options |
|
| Franchise Fees | |
| Sarah Adult Day Services | No |
| CareMinders | No |
| Start-up Costs | |
| Sarah Adult Day Services | |
| CareMinders | |
| Equipment | |
| Sarah Adult Day Services} | |
| CareMinders | |
| Inventory | |
| Sarah Adult Day Services | |
| CareMinders | |
| Receivables | |
| Sarah Adult Day Services | |
| CareMinders | |
| Payroll | |
| Sarah Adult Day Services | |
| CareMinders | |
Training & Support |
|
| Training | |
| Sarah Adult Day Services | |
| CareMinders | Having the tools and systems in place to build and manage your business is paramount and our five day training course is extremely thorough. |
| Support | |
| Sarah Adult Day Services | Newsletter, Toll-free phone line, Grand opening, Field operations/evaluations |
| CareMinders | We provide you with a copy of the official CareMinders Home Care operations manual is your blueprint to building and growing your CareMinders Home Care franchise. We found the best home care software company in the U.S. to provide our franchisees with a complete business application for the daily management of their business. You will never be alone. Our team will provide continued training and support for all aspects of the business. |
| Marketing | |
| Sarah Adult Day Services | Ad slicks, National media |
| CareMinders | We have the marketing pieces, programs and other tools you will use to create the marketplace recognition you will achieve and assist you in attracting new customers and increased revenues. |
| Operations | |
| Sarah Adult Day Services | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| CareMinders | |
Expansion Plans |
|
| US Expansion | |
| Sarah Adult Day Services | Florida, Georgia, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas |
| CareMinders | |
| Canada Expansion | |
| Sarah Adult Day Services | |
| CareMinders | 0 |
| International Expansion | |
| Sarah Adult Day Services | |
| CareMinders | |