CarePatrol is the leading Senior Placement Franchise in the nation. Developed by one of the founders of the industry, the CarePatrol system offers unparalleled support and training for franchisees. Their franchisees offer a FREE SERVICE to families who need guidance when researching safe options for placing a loved one into an assisted living, independent living or memory care community. CarePatrol is a perfect fit for someone looking to break into the Elder Care space without the worry of hiring and managing caregivers. This is a low investment and low overhead business with a quick ramp up period.
Franchisees are compensated directly by the assisted living facility upon placement of their client. Franchisees receive a referral fee based on a percentage of the monthly cost of living ($1,000 – $10,000/ month). Average referral is 70% of first month’s rent but can be as high as 100% based on the contractual agreement between franchisee and facility.
To buy a franchise with CarePatrol, Inc, you’ll need a minimum net worth of $250,000. Creative Colors International a franchise fee of $57,000. They also offer a discount for veterans.