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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.

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Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
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