Caremark Home Care Franchise
Established in 2005, Caremark is a home-care service that has roots dating back all the way to 1987 & has grown into the home-based care service the company provides today.
Established in 2005, Caremark is a home-care service that has roots dating back all the way to 1987. The businesses earliest foundations are from Brighton, where the success of the business began. From this initial success, the business grew into the home-based care services the company provides today.
The CEO of Caremark, Kevin Lewis, is extremely experienced in the sector of homecare and particularly in homecare franchising. A large portion of the businesses success can be attributed to his expertise that he has gained over the last 30 years. Initially Kevin founded the earliest version of this business in 1987, but began to shape it into what it is today in 1993 where he involved social services to diversify into home care.
Being a franchise company allows Caremark to deliver home care to a larger volume of people nationwide (across both the UK and Ireland). Kevin realised early on in Caremark’s business venture that this was one of the only ways to reliably scale the business into the nationwide company it is today.
Between 1995 and 2001, the company’s CEO built a network of proven franchise owners to ensure Caremark was the market leader in the UK. After this, a major PLC bought Kevin’s successful business.
The franchise fee needed as a primary requirement for a Caremark franchise is £29,750. After this, a minimum investment of £30,000 is required as a personal investment to the franchise opportunity.
As a white-collar management franchise in the currently expanding UK home care industry, Caremark is a fantastic opportunity for any franchise owner.
Initial Training Period
When you make the decision to purchase your very own Caremark franchise, you will receive a 2-week training course based in house at Caremark’s head offices.
Franchise Fee : £29,750
Minimum investment : £30,000
Total investment.: £100,000
Inital Training: 2 weeks
Year Established: 2005
As a white-collar management franchise in the currently expanding UK home care industry, Caremark is a fantastic opportunity for any franchise owner. Each franchise package is built upon Kevin Lewis’s 30+ years of experience. This business is extremely proud of its network of franchises nationwide.
Caremark is only UK owned and operates their home care services in a limited network of countries. In this industry, it is particularly important to be responsive to changes. Caremark prides themselves on this, which has led the business to create a unique, innovative approach to supporting people. This multi-award winning franchise primary goal is to address loneliness as a growing issue. Communities are created through care, and this ensures vulnerable individuals receive both emotional and physical support. Both great care and companionship and provided with Caremark.
Each Caremark franchise owner has their own personal background which varies greatly between one another. Some of Caremark’s franchise owners come from a business background, others from a care background and the rest fall somewhere in between. Regardless of your background, Caremark’s proven business model will provide you with the foundations of your successful business.
UK based and owned business Caremark is a home care business that relies heavily on franchising. This company enables customers of all backgrounds and abilities to receive the care they need from their own home. This makes the process of caring less daunting for these individuals.
This home care company provides a range of services, the most popular of which include: companionship services, home help, personal support and home care. Each Caremark franchise is integrated into the exclusive community the business offers. Each member is like-minded, this allows members to share ideas and motivate one another.
Caremark was officially founded in 2005 and immediately expanded into franchising the same year. Currently, the franchise has 114 units across it’s extensive UK network, with an additional 14 units globally. Caremark’s current international 128 units are spread over a network of 4 countries, providing unrivalled home care in each country.
When you make the decision to purchase your very own Caremark franchise, you will receive a 2-week training course based in house at Caremark’s head offices. This is a comprehensive and essential training program that provides the foundation of your franchise’s success.
The 2-week training course covers topics such as legislation, the business model Caremark is built on, management training and a deep dive into the care sector.
After this initial period, your support will be continual in terms of business development and guidance as well as an exclusive area of territory to run your franchise from.
The franchise fee needed as a primary requirement for a Caremark franchise is £29,750. After this, a minimum investment of £30,000 is required as a personal investment to the franchise opportunity. However, this is a minimum investment, additional money can be put into the business to own a larger share. The total investment you will be required to supply is £100,000. Finally, you will be required to pay a management fee of 4.5% annually.
However, it is appreciated that not all business investors have this amount of money to invest, therefore financing can be arranged through bank agreements (subject to status). You will enter into a contract of 7 years to ensure your commitment to the business and this franchise opportunity.
Caremark Home Care Awards
Over it’s 15-year journey, Caremark have been awarded a range of achievements and accreditations, the most recent of which include:
- 7th in Elite Franchise’s Top 100 (2019)
- The Great British Care Awards finalists (2019)
- The homecare.co.uk Top 20 Home Care Awards (2020)
- Bfa (British Franchise Association) full member
Caremark Home Care Franchise Opportunity
After reading through all the financial and opportunistic information, does this franchise opportunity sound like it could be for you? Your opportunity is here and this is your moment. If you still need a little more information on the benefits and progress you could make with this business, we have listed some additional information below.
- A comprehensive Caremark package which includes:
- 10-day training program
- Business planning tools and guidance
- Marketing tools and software
- Payroll software
- Your own territory
- Brand name of an industry leader
In addition to these initial training package advantages, there are a range of other benefits you will receive when joining the Caremark team as a franchise owner, such as:
- Support on a 3:1 ration across 100 offices
- Sector-wide lowest management fee
- Caremark’s formula and systems are award-winning
- Multiple income stream opportunities
- Entering into a growing industry
Additionally to this, the easy and smooth setup process that Caremark provides ensures each potential franchise owner can get started as soon as possible with their unique start-up plan.
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Caremark Home Care Franchise What You Get?
A home care franchisee pays an initial fee up front & any ongoing royalties to a franchisor. In return, the Caremark franchisee gains the use of the branded & trademark, full ongoing support from the franchisor, and the full right to use the Caremark franchisor’s system of doing business and sell its products or services.
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