ComForCare Franchise Systems, LLC ("ComForCare") offers franchises for the operation of a ComForCare Home Care franchised business that provides: (1) Personal Care Services: Non-medical in nature that include companionship, personal care for activities of daily living (ADLs) and instrumental activities of daily living (IADLs) along with homemaker/chore provider services to persons of all ages allowing them to age in place, (2) Private Duty Nursing (PDN) services: hourly, shift-based care performed by a Home Health Aide (HHA), Licensed Practical Nurse/Licensed Vocational Nurse (LPN/LVN), or Registered Nurse (RN) to patients of all ages with long term complex health conditions, and (3) on-site community care.
Company Background
At ComForCare, we provide care that is tailored to the needs of each individual. We offer personal care services for activities of daily living (ADLs) and instrumental activities of daily living (IADLs), homemaker/chore provider services, and private duty nursing (PDN) in a single package. Our in-home caregiving service is non-medical in nature and allows seniors to age gracefully at home. With over 20 years in the industry, we have helped hundreds of families stay together by providing them with our personalized senior care services.
Franchise Opportunity
Millions of Americans need assistance with activities of daily living but don't want to leave their homes and give up their independence. According to the National Institute on Aging, "Most people want to stay in their own homes as they age. This is called aging in place. Many older people can live in their own homes if they have help with some activities." ComForCare provides personal care services that allow seniors to age in place, keeping them comfortable and independent in their own homes for as long as possible. We also offer private duty nursing (PDN) services for those who need more intensive care.
Corporate Structure
ComForCare Franchise Systems, LLC is a Michigan limited liability company and was organized December 31, 2018. From January 31, 2017 through December 31, 2018, their immediate predecessor franchisor was ComForCare Health Care Holdings, LLC, a Michigan limited liability company. Prior to January 31, 2017, their predecessor was ComForCare Health Care Holdings, Inc., a Michigan corporation. ComForCare Health Care Holdings, Inc. was incorporated in the State of Michigan on July 6, 2000. Their principal place of business is 2520 S. Telegraph Road, Suite 201, Bloomfield Hills, Michigan 48302.
Earnings Transparency
7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Health & Fitness Industry
$1,107,989 / unit
Franchise Type: Standard
Average Revenue During 2022
$1,107,989
$168,829 Industry Low
$1,781,764 Industry High
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 4% in the Health & Fitness industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
#
Type
Investment
Fees
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of ComForCare Home Care Franchisees
ComForCare Home Care Franchise System Development in 2021
FAQ
How much investment do I need to start my own ComForCare Home Care business?
Franchisees typically require at least
$25,950 to
$154,150 investment to get their
ComForCare Home Care business started
What are the initial franchise fees for ComForCare Home Care?
Franchisees typically need to pay at least
$25,950 in fees directly to
ComForCare Home Care in order to earn the right to launch their business
How much money can I make with a ComForCare Home Care franchise? What are
the average revenues for a typical ComForCare Home Care business?
We estimate that the average revenue of an individual
ComForCare Home Care unit is approximately
$1,107,989. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a ComForCare Home Care unit? What
is my contractual commitment?
ComForCare Home Care franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
10 /10
The Franchisor's investment costs ranges from
$25,950 to $69,900
which is
Much Lower
than the $322,949 to $669,726 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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