Homewatch CareGivers franchise
A home care business providing in-home support and companionship. At the end of 2025 there were 260 Homewatch CareGivers locations in the US, all franchised.
- Cost to open
- $143K–$194K
- Franchise fee
- $50,000
- Royalty
- 5%; minimum applies
- Locations, 2025
- 260+38 in 3 yrs
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Company snapshot
- SBA loans
- On the SBA Franchise Directory
From HOMEWATCH CAREGIVERS FRANCHISING SPE LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Homewatch CareGivers franchise costs
Opening one Homewatch CareGivers costs an estimated $142,890 to $194,080. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: HOMEWATCH CAREGIVERS FRANCHISING SPE LLC, 2026 filing, page 33
Homewatch CareGivers franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: HOMEWATCH CAREGIVERS FRANCHISING SPE LLC, 2026 filing, page 15
Royalty and ongoing fees
| Royalty | 5% of gross revenue or the scheduled minimum royalty, whichever is greater. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: HOMEWATCH CAREGIVERS FRANCHISING SPE LLC, 2026 filing, page 18
Sales and earnings
Shares figures Homewatch CareGivers publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: HOMEWATCH CAREGIVERS FRANCHISING SPE LLC, 2026 filing, page 74
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 213 (−9) | 0 | 25 |
| 2024 | 231 (+18) | 0 | 7 |
| 2025 | 260 (+29) | 0 | 13 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating. Counts represent territories; one franchise owner may operate several territories.
See which brands grew most in the fastest-growing franchises rankings.
Homewatch CareGivers passes four of the five tests on our list of the best franchises to own; more of its franchised locations closed or left than is typical.
Source: HOMEWATCH CAREGIVERS FRANCHISING SPE LLC, 2026 filing, page 79
How Homewatch CareGivers compares
Of the 30 home care franchises on this site, Homewatch CareGivers is the 25th cheapest to open and the 12th largest by number of locations.
| Measure | Homewatch CareGivers | Typical home care |
|---|---|---|
| Cost to open, low end | $143K | $103K |
| Royalty | 5% | 5% |
| Closed or left per year | 6.7% | 5.4% |
| Change in franchised locations, 3 yrs | +17.1% | +37.9% |
| Shares earnings figures | Yes | 28 of 30 |
Typical is the median across the 30 brands in home care franchises.
