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.