Established
2016
Franchise Units
2
Minimum Investment
$76,790
Franchise Fee
$34,750
Total Investment Range
$148,409
Home Based
No
Description
Careshyft is a leading home care franchise in the United States, dedicated to providing compassionate, personalized care for seniors in the comfort of their own homes. Founded in 2016 and franchising since 2018, Careshyft offers a unique opportunity for entrepreneurs to enter the rapidly growing senior care industry. With a strong focus on quality, trust, and community, Careshyft is committed to enhancing the lives of seniors and their families across the nation.
Why Invest in this Franchise?
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Growing Market Demand: The U.S. senior population is increasing, leading to a higher demand for in-home care services.
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Proven Business Model: Careshyft offers a scalable and replicable business model with comprehensive support.
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Comprehensive Training & Support: Franchisees receive extensive training and ongoing support to ensure success.
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Community Impact: Owning a Careshyft franchise allows you to make a positive difference in your community by providing essential services to seniors.
Background
Established Year: 2016
Franchise since: 2018
Franchise active Units: 2
Industry Category: Non-Medical Home Care / Senior Services
Founders: Led by David Goodman, Jeff Hatten, and Frank Esposito.
Company History: While the franchise brand is modern, the leadership brings over 80 years of combined experience. The founders previously spearheaded an industry member group for 15+ years and have managed agencies that cared for over 500 families in Texas alone before expanding nationally.
Market Presence: Based in Princeton, NJ, Careshyft is expanding across the USA, focusing on high-growth states like Texas and Florida while maintaining a boutique, high-support culture.
Support Training
Careshyft prides itself on a "we’ve been in your shoes" approach to support. They offer a robust ecosystem designed to take you from a novice to a confident agency owner:
1. Pre-Launch & Academic Training
Intensive 5-Week Virtual Program: A deep dive into the "Careshyft Way," covering legalities, compliance, and core business philosophy.
Live Operations Training: Hands-on instruction focusing on the day-to-day: scheduling, payroll, and client intake.
2. Marketing & Brand Support
Value Proposition Development: Helping you articulate why your agency is the best choice in your local market.
Digital Marketing Suite: Professional SEO, social media templates, and website development are handled at the corporate level to ensure your visibility.
3. Operational & Ongoing Support
Back-Office Assistance: Their systems are designed to ease the burden of administrative tasks, specifically focusing on the complexities of caregiver recruitment.
The "Dream Team" Coaching: Monthly webinars and one-on-one coaching calls with the founders themselves—an accessibility level rarely found in larger franchises.
Proprietary Resource Library: Instant access to vetted vendor relationships, training manuals, and technological toolkits.
Ideal Candidate
Careshyft isn't looking for "silent" investors; they are looking for leaders.
The Connector: You should be an outgoing professional who enjoys building relationships with hospitals, rehab centers, and local community leaders.
Professional Background: Ideally, you have a background in sales, marketing, or management. You don’t need medical experience, but you do need "people skills."
The Values-Driven Leader: Passion for helping seniors is a non-negotiable. Success in this business is built on empathy.
Financial Readiness: A minimum of $40,000 in liquid capital and a credit score of 680+ are required to ensure the business is well-capitalized during the growth phase.
Financial Detail
| Category | Details |
| Total Investment Range | $76,790 – $148,409 |
| Initial Franchise Fee | $34,750 – $46,500 |
| Minimum Liquid Capital | $40,000 |
| Net Worth Requirement | $40,000+ |
| Royalty Fee | 4% – 5% of Gross Sales |
| Ad Royalty Fee | 1% of Gross Sales |
| Average Unit Revenue | ~$1,177,000 (Based on historical data) |
| Break-Even & ROI | Typically 12–24 months (Varies by territory) |
| Veteran Incentive | 10% discount off the Initial Franchise Fee |