5 Successful Senior Care Franchises
5. CareMinders Home Care
Franchises open: approximately 35
Revenue last year: N/A
Medical and nonmedical care
CareMinders launched in 2004 after its president and co-founder, Gary Kneller, saw an opportunity in home care after his own experience with cancer and dealing with his aging parents.
Kneller was looking for a company that could offer a long-term relationship with the client and help in various life and medical stages, according to the website.
The CareMinders business model is a bit different than some of its competitors; it offers a range of professional and companionship services in the home and, when permitted, in "nursing homes, hospitals, assisted care facilities and other medical settings," it says.An all-in investment to establish a CareMinders franchise is between $75,000 and $124,000, according to the website. -- Written by Laurie Kulikowski in New York. To follow Laurie Kulikowski on Twitter, go to: http://twitter.com/#!/LKulikowski To submit a news tip, send an email to: email@example.com.
Follow TheStreet.com on Twitter and become a fan on Facebook.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV