BURKBURNETT, Texas–(BUSINESS WIRE)–HomeWell Franchising Inc., one of many nation’s main non-medical in-home care franchisors, at the moment launched its Q1 2021 franchise improvement and monetary outcomes. Regardless of the pandemic nonetheless sweeping the nation and the world, the corporate skilled unparalleled development.
Q1 2021 Highlights:
- 5 executed contracts: 4 new homeowners and 1 enlargement
- 4 new open places
- 7 new territories awarded
- Company income development elevated 45%
- System income development elevated 37%
- Royalty income development elevated 48%
Because the pandemic began, the corporate has seen development in all areas of the enterprise together with the franchise improvement pipeline and the power for current franchisees to develop their enterprise. “In 2020, we noticed record-setting development and the momentum is barely persevering with. Our projections present 2021 to be the perfect 12 months but for our firm. That is largely as a consequence of an ongoing strong franchisee pipeline with well-qualified candidates and the continued success of our present franchise system. We now have a really engaged franchisee base who’re obsessed with bringing residence care to their native communities, in addition to notice the complete potential of their funding,” stated Casey McCleskey, CFO.
The corporate has made strategic modifications to the group together with a restructuring of the manager management crew and including a head of franchise companies to the crew. Because the franchise system grows, having hands-on franchise enterprise consultants which are totally devoted to a set variety of homeowners to assist them launch, develop, and maintain their enterprise is a key technique for the corporate.
Crystal Franz, CEO provides, “Non-medical residence care is a rising business contemplating the sheer development of the senior inhabitants. What differentiates us is our method to residence care. Our franchisees share our identical values of offering high quality care to essentially the most susceptible in our society. Folks throughout the nation are entrusting us with the care of their liked one and we really feel honored to have the ability to present the peace of thoughts to these relations whereas additionally serving to to understand the desires of enterprise homeowners seeking to make a distinction.”
HomeWell Care Companies gives versatile care choices and particular packages that assist enrich the lives of their purchasers. The corporate relaunched their foundational Life Enrichment Actions Program (LEAP) aimed toward combating social isolation and loneliness which was so prevalent over the past 12 months for a lot of seniors.
HomeWell is targeted on strategic enlargement throughout the U.S. via franchise-owned improvement. With many territories out there, the corporate expects to have over 100 HomeWell Care Companies franchises by 2023.
ABOUT HOMEWELL FRANCHISING INC.
HomeWell Franchising Inc. is the franchisor for HomeWell Care Companies®, which offers private care, companionship, and residential maker companies for seniors and different homebound people, to allow them to stay safely within the consolation of wherever they name residence. HomeWell is dedicated to serving to individuals stay life extra totally and gives particular packages for fall prevention, post-medical care, and life-enrichment. Our franchise companies serve over 3,000 purchasers yearly serving to them to meet a strong life.
HomeWell Franchising Inc. is a premier franchisor with over 40 open places representing over 85 territories throughout the U.S. and Canada. The corporate has a powerful pipeline of latest companies set to open. HomeWell has been acknowledged as a Franchise Enterprise Evaluation High 100 low funding franchise and regularly ranks on the Entrepreneur Franchise 500 record. For extra data on HomeWell or to discover franchise alternatives, go to www.homewellcares.com or www.homewellfranchising.com.