An Investment in Your Future
Opening a business can be a positive step toward a brighter future, especially when you open a franchise with a proven system like CareBuilders at Home. We have the industry expertise and the partnership mentality to help you become a successful business owner.
Our franchise requirements are designed to be accessible and to make sure you’re well-equipped to make your business flourish.
If you’re exploring the details of home care franchise costs, just know that we can drill down to the smallest items for your startup costs with CareBuilders at Home. By providing complete back office support and assistance with payroll, taxes, insurance, and more, we’re able to keep our investment level lower than others in the industry.
CareBuilders at Home is a Proud Participant in the VetFran Program
Military veterans are eligible for a significant discount off our initial franchise fee. We consider it a privilege to give back to the communities that have given us so much.
ARTICLE 7
ESTIMATED INITIAL INVESTMENT
YOUR ESTIMATED INITIAL INVESTMENT
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Franchise Fee (1) | $49,500 | Lump sum | When Franchise Agreement Signed | Us |
| Rent – 3 Months (2) | $3,000 to $5,000 | As Agreed | Per Lease | Landlord |
| Leasehold Improvements (3) | $0 to $2,500 | As Agreed | As Agreed | Contractor and Suppliers |
| Equipment, Furnishings and Fixtures (4) | $2,000 to $5,000 | As Agreed | As Agreed | Suppliers |
| Signage (5) | $400 to $1,000 | As Agreed | As Agreed | Suppliers |
| Blueprints/Plans (6) | $0 to $1,000 | As Agreed | As Agreed | Engineer, Architect |
| Initial Inventory (7) | $2,500 to $3,500 | As Agreed | As Agreed | Suppliers |
| Security Deposits (8) | $1,000 to $2,000 | As Agreed | As Agreed | Landlord, Utility Companies |
| Insurance – 3 Months (9) | $1,000 to $2,000 | As Agreed | As Agreed | Insurance Companies |
| Travel and Living Expenses While Training (10) | $2,500 to $5,000 | As Agreed | As Agreed | Airlines, Hotels, Restaurants |
| Computer System (11) | $4,800 to $7,300 | As Agreed | As Agreed | Suppliers |
| Permits/Licenses (12) | $1,500 to $2,500 | As Required | As Incurred | Government Agencies |
| Professional Fees (13) | $2,000 to $2,500 | As Agreed | As Agreed | Attorney, Accountant |
| Launch Program (14) | $10,000 | Lump Sum | When Franchise Agreement Signed | Us |
| Additional Funds – 3 Months (15) | $35,000 to $70,000 | As Needed | As Incurred | Various |
| Total | $115,200 to $168,800 |
