Senior Care
SYNERGY HomeCare
Home care franchise providing non-medical care, companionship, and personal assistance to seniors and the disabled.
Business overview
SYNERGY HomeCare has around 400 franchises and offers a wide range of non-medical care services. Starting a SYNERGY franchise requires an initial investment roughly between $40,000 and $150,000, making it one of the more affordable major home care franchises. The franchise fee is about $50,000. Franchisees are typically expected to have at least $150,000 net worth and $50,000 in liquid assets. Ongoing royalties are 5% of gross sales, and franchisees contribute about 2% of sales to advertising/marketing efforts. SYNERGY HomeCare’s extensive training and national accounts (including referral relationships) give new franchisees a strong foundation to build their client base and help seniors safely age in place.
Research factors
Detailed questionnaire data has not yet been independently reviewed for this franchise.