Is CarePatrol a subsidiary of another company? Check cost and other details.

CarePatrol is a senior care advisory service founded in 1993, dedicated to assisting families in finding appropriate care options for their loved ones.

Ownership and Affiliation:

  • In January 2019, CarePatrol became part of Best Life Brands, a holding company that also includes ComForCare, At Your Side, Blue Moon Estate Sales, Boost Home Healthcare, and Next Day Access.

Franchise Investment Details:

  • Initial Franchise Fee: Ranges from $20,000 to $57,000, payable upon execution of the franchise agreement.
  • Training Fee: $10,000, due upon execution of the franchise agreement.
  • Travel Expenses for Training: Estimated between $2,500 and $5,000, incurred as needed.
  • Real Estate and Related Expenses: Approximately $150 to $200, incurred as needed.
  • Office Equipment: Between $1,100 and $2,250, to be purchased before opening.
  • Computer Systems: Between $2,500 and $3,750, to be purchased before opening.
  • Signs: Up to $550, to be purchased before opening.
  • Certified Senior Advisor Certification: Between $1,495 and $1,795, payable upon enrollment.
  • Professional Fees & Business Licenses: Between $1,725 and $2,725, incurred as needed.
  • Vehicle (Deposit & 3 Lease Payments): Up to $5,000, incurred as needed.
  • Insurance (3-6 Months): Between $650 and $1,200, incurred as needed.
  • Additional Funds (3-6 Months): Between $20,000 and $40,000, incurred as needed.

Total Estimated Initial Investment: Between $60,120 and $130,970.

Disclaimer: This information is provided for general informational purposes only and has no guarantee of accuracy.

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