HomeWell Care Services
The total investment to open a HomeWell Care Services franchise ranges from $54,000 to $234,000. The initial franchise fee is $49,500. Ongoing royalties are 5% plus a 2% advertising fee.
What is the HomeWell Care Services franchise?
Founded in 1996 by Joshua Hoffman in Seattle, Washington, HomeWell Care Services has grown from one caregiving operation into a national franchise network with 179 locations across 32 states and the District of Columbia. The company serves seniors, people with disabilities, individuals recovering from surgery or illness, and others who need help remaining independent at home. The brand has also been recognized as an Inc. 5000 company for five consecutive years.
More than 10,000 Americans turn 65 each day, and the aging Baby Boomer population is expected to keep driving demand for in home care. Most seniors prefer to age in place instead of moving to institutional care. In home care generally costs a fraction of assisted living or nursing facility care while providing a familiar setting and personalized attention. The United States home care services market exceeds $150 billion, while the supply of professional and reliable providers has not matched demand.
HomeWell provides personal care assistance, companion care, dementia and Alzheimer's care, post surgical recovery support, respite care, and other specialized programs. Its 2019 change from HomeWell Senior Care to HomeWell Care Services reflected an expansion beyond seniors to clients of all ages. The company uses a proprietary technology platform for scheduling, caregiver matching, compliance tracking, and family communication. Quality assurance procedures and continuing training support consistent service and referrals from healthcare providers, hospital discharge planners, and other professional sources.
HomeWell offers two fee structures. Option 1 has an initial franchise fee of $49,500 and a continuing royalty of 5 percent of gross revenues. Total investment ranges from approximately $54,000 to $234,000. Applicants need at least $100,000 in liquid capital and $100,000 in net worth. Veterans receive a 20 percent discount on the initial franchise fee through the IFA VetFran program, and multi territory developers receive a 20 percent discount on additional territories purchased at the same time. Support includes virtual training, operational assistance, caregiver recruitment help, and access to the technology platform.
Each franchise territory includes 30,000 to 40,000 seniors aged 65 and over within a total population of no more than 350,000. SBA lending data tracked through PeerSense shows ongoing franchise lending activity for HomeWell and approval patterns associated with the home care business model, the brand, and demographic demand.
HomeWell has been named a Top Franchise by Franchise Business Review for four consecutive years, ranked in the Franchise 500 by Entrepreneur Magazine for five consecutive years, and recognized as an Inc. 5000 company for five consecutive years. Its 138 percent growth since 2020 reflects demographic demand and the company's franchise development approach, which emphasizes quality and support for regulatory compliance, caregiver recruitment, and referral development. The network spans 32 states plus DC, while territory remains available for new development, including in underserved markets.
An ideal HomeWell franchisee brings business management ability, leadership skills, and a commitment to helping seniors and others maintain independence. Healthcare experience can help, but successful franchisees also come from corporate, military, and other professional backgrounds. HomeWell values people who are comfortable with consultative sales and relationship development because referrals from healthcare providers, hospital discharge planners, social workers, elder law attorneys, and senior living communities are central to client growth. The home based model may suit entrepreneurs seeking a meaningful service business without the overhead and fixed structure of brick and mortar retail.
PeerSense provides franchise intelligence on HomeWell Care Services and thousands of other brands. Buyers can use this information when comparing in home care concepts, reviewing territory availability and demographic data, and assessing HomeWell's growth against industry benchmarks. PeerSense also offers franchise profiles, lending trend information, and financing resources for qualified candidates evaluating a path to ownership.
Loan Activity Score
83/100
SBA Default Rate
0.0%
Active Lenders
9
According to its Franchise Disclosure Document or public business records, HomeWell Care Services has 27 locations, all owned by franchisees. Public SBA loan records show 9 lenders made 31 loans to franchisees of HomeWell Care Services. PeerSense calculates HomeWell Care Services's score as 83 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document.
Franchising since 1996 · 27 locations
$54,000 to $234,000
$49,500
27
27 franchised
Proprietary PeerSense metric
ExcellentDistinct lenders in public SBA records for HomeWell Care Services
31
Total SBA loans
$156K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for HomeWell Care Services
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 3.2% peer avg
SBA Loans
31
Total Volume
$4.8M
Active Lenders
9
3 selective
States
15
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for HomeWell Care Services based on SBA lending data
SBA Default Rate
0.0%
3.2% below peer avg
SBA Loan Volume
31 loans
Across 9 lenders
Lender Diversity
9 lenders
Avg 3.4 loans per lender
Investment Tier
Mid range investment
$54,000 to $234,000 total
HomeWell Care Services: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2025
11 approvals. The best year on record for HomeWell Care Services.
Top SBA State
Florida
6 SBA financed HomeWell Care Services locations, the densest operator footprint.
Average Loan Size
$156K
Median $150K. Use as a sizing anchor when modeling your own HomeWell Care Services unit.
Lender Concentration
77.4%
Concentrated
Share of HomeWell Care Services approvals captured by the top 3 SBA lenders.
HomeWell Care Services's SBA lending pipeline peaked in 2025 (11 approvals). The last five fiscal years account for 87% of cumulative volume ($4.3M approved). Operator density is highest in Florida with 6 SBA financed locations. Average funded ticket sits at $156K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 77.4% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$559
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
HomeWell Care Services, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman