Homewatch CareGivers
Homewatch CareGivers, LLC
Company Information
6251 Greenwood Plaza Blvd., Suite 250 Greenwood Village, Colorado 80111
Homewatch CareGivers, LLC was originally formed on December 28, 1992 as a Colorado corporation under the name Homewatch International, Inc. In September 2017, Homewatch International, Inc. converted its legal formation from a Colorado corporation into a Colorado limited liability company, Homewatch International, LLC. Following the conversion, Homewatch International, LLC changed its entity name to Homewatch CareGivers, LLC, a Colorado limited liability company. Their principal business address is 7100 E. Belleview Avenue, Suite 101, Greenwood Village, Colorado 80111. They have been offering franchises for HOMEWATCH CAREGIVERS Services since January 1996.
Not Available
3 Ongoing Lawsuits
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Franchise Rating
Franchimp Summary Rating
8/10
Earning Transparency
7/10
Investment Accessibility
9/10
Summary of potential earnings
$1,046,263 / unit
Average Gross Profit During 2020Health & Fitness
$1,816,428 / unit
Average Revenue During 2020Health & Fitness
Franchise System Development
| Year | Units at Start of Year | Units Opened | Units Terminated | Non-Renewals | Re-Acquired by Franchisor | Ceased Operations | Units at End of Year |
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Distribution of Homewatch CareGivers Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $51,500 Maximum: $51,500
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $92,310 Maximum: $154,000
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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