How much does it cost to open a Synergy HomeCare franchise?

The total initial investment for a Synergy HomeCare franchise ranges from $78K to $159K. This includes the initial franchise fee of $52,500 per territory (20K+ seniors age 65+). Mini territory: reduced by $2.625/person. 20% discount on 2nd territory if purchased simultaneously. 15% VetFran discount.. The investment covers startup costs, training, insurance, marketing, and working capital for the first 3-6 months.

How much does a Synergy HomeCare franchise make?

Based on the 2025 Franchise Disclosure Document, the median Synergy HomeCare franchise generates $986K in annual gross revenue, with an average of $1.3M. Individual results vary significantly based on market, operator experience, and time in operation.

What is the Synergy HomeCare franchise royalty fee?

Synergy HomeCare charges a 5% of Gross Sales (weekly) royalty on Gross Revenue.

What training does Synergy HomeCare provide to franchisees?

Synergy HomeCare provides 42.5 hours of initial training. Training is included in the franchise fee.

How long is the Synergy HomeCare franchise agreement?

The initial Synergy HomeCare franchise term is 5 years with a 5-year renewal option. The renewal fee is $0 (no renewal fee). The franchise agreement may contain materially different terms upon renewal.

Synergy HomeCare Franchise: Cost, Revenue & 2025 Review | Carezano

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Synergy HomeCare Franchise: Cost, Revenue & 2025 Review | Carezano | Carezano

How Much Do Franchisees Earn?

This is the single most important question. The data below comes directly from the franchise's legally required disclosure document (FDD Item 19).

Franchisees earn a median of $986K/year, close to the $1.3M average — a healthy, even distribution suggesting consistent results.

This is above the typical median for non-medical home care franchises ($400K-$600K range).

Average Revenue

$1.3M

Median Revenue

$986K

More reliable benchmark

Top Performer

N/A

Bottom Performer

Not disclosed

Why this matters for you:

The median ($986K) is your most realistic revenue target in years 1-3
Revenue is gross billings — after caregiver pay (50-60%), fees (7-10%), and overhead, owner profit is typically 10-25% of this number

What Could You Take Home?

Estimated using industry benchmark margins (no P&L disclosed by this franchise)

At median franchise revenue ($986K), the estimated owner take-home is roughly $200K/year — including a $50K owner salary.

This is a strong return relative to the investment — above typical franchise earnings.

Revenue-to-Profit Translation

Revenue is not profit. This table translates gross revenue into estimated owner take-home using industry benchmark margins. The highlighted row is closest to the median revenue ($986K).

Revenue	Gross Profit	Est. Net	Owner Take-Home
$250K	$105K	$38K	$88K
$500K	$210K	$75K	$125K
$750K	$315K	$113K	$163K
$1.0MMEDIAN	$420K	$150K	$200K
$1.5M	$630K	$225K	$275K
$2.0M	$840K	$300K	$350K
$3.0M	$1.3M	$450K	$500K

Gross margin: 42% | Est. overhead: 20% | Franchise fees: 7% | Owner salary: $50K added

Margins estimated from industry benchmarks. Your results will depend on market, management, and tenure.

Is This System Growing or Shrinking?

Outlet count, growth trajectory, and churn — signals of system health

Strong growth trajectory — the system is expanding and franchisees are staying, which signals a healthy business model.

Growing systems tend to have better brand recognition, more negotiating power with vendors, and more peer support. But rapid growth can also strain franchisor resources.

550

Total Outlets

+21%

3-Year Growth

What this means for you:

A growing system means more brand awareness in your territory — clients and referral partners are more likely to recognize the name
More peers to learn from. Larger franchise systems often have better training resources and operational playbooks
Check whether the franchisor has the resources to onboard new franchisees without diluting support for existing ones

How Much Does It Cost to Own This Franchise?

Upfront investment, ongoing fees, and minimum performance requirements

Investment Overview

What it costs to get in and what you pay ongoing.

Franchise Fee: $52,500 per territory (20K+ seniors age 65+). Mini territory: reduced by $2.625/person. 20% discount on 2nd territory if purchased simultaneously. 15% VetFran discount.
Total Investment: $78,106 – $159,053
Royalty: 5% of Gross Sales (weekly)
Agreement Term: Not fully extracted
Monthly Fixed Costs (Year 1): ~$2,000-$3,000/month (5% royalty + systems fee + minimum royalty)

Setup Requirements: Office-based (minimum 300 sq ft shared/executive office with receptionist, mail, conference room)

Where Does Your Investment Go?

Breakdown of the initial investment by category (midpoint estimates).

Franchise Fee$53K

44% of total

Additional Funds (3 months)$22K

19% of total · Range: $5K – $39K

Legal & Accounting$9K

8% of total · Range: $2K – $15K

Insurance (incl Fidelity/Crime)$5K

5% of total · Range: $4K – $7K

Opening Inventory$5K

5% of total · Range: $4K – $7K

Training$5K

4% of total · Range: $4K – $6K

Real Estate/Rent$4K

3% of total · Range: $1K – $7K

Licenses & Permits$3K

3% of total · Range: Not disclosed – $6K

Computers and Printer$3K

2% of total · Range: $1K – $4K

Office Equipment & Supplies$2K

2% of total · Range: $911 – $4K

Furniture, Fixtures & Equipment$2K

2% of total · Range: $607 – $4K

Signage$2K

1% of total · Range: $607 – $2K

Software$1K

1% of total · Range: $911 – $1K

Legal and Compliance Toolkit$1K

1% of total

Leasehold Improvements$913

1% of total · Range: Not disclosed – $2K

Dues and Subscriptions$305

0% of total · Range: Not disclosed – $610

Utility Deposits$183

0% of total · Range: Not disclosed – $365

Total (midpoint)$119K

Combined royalty + ad fund is 7% of gross revenue — in line with the industry average for non-medical home care franchises.

Ongoing Fees You'll Pay

These recurring fees come off the top of your revenue every month, regardless of profitability.

Royalty5% of Gross Sales (weekly)

Brand/Ad Fund2% of Gross Sales (weekly) Marketing Fund

These fees are deducted before you see any profit. At $500K revenue with 7% combined fees, that's $35K/year going to the franchisor — before you pay rent, staff, or yourself.

Minimum Performance Requirements

The franchisor requires you to hit these revenue milestones. Falling short can result in territory reduction or franchise termination. These are not suggestions — they are contractual obligations.

Overall Assessment

Complexity, risk scoring, and key signals to watch

More strengths than watch items — the positives outweigh the negatives on paper. (10 strengths, 6 watch items)

Strengths (10)

626 units — one of the largest non-medical home care franchise systems by territory count.
EXPLOSIVE GROWTH: +172 units in 3 years (38% growth rate) — fastest growing in dataset.
49% GROSS PROFIT MARGIN disclosed — rare and valuable transparency. One of only ~3 franchises in our dataset disclosing margin data.
$2.74M average for mature (10+ year) multi-unit businesses — very strong. $16.3M top performer — extraordinary upside.
Lowest risk score in dataset (3/10) — no financial warnings, no state flags.
Mini territory option ($52K-$164K) and multi-unit options — flexible entry.
Zero company-owned outlets — 100% franchised system.
VetFran 20% discount.
PE backing (LLCP) provides growth capital.
Long history (since 2005, 21 years).

Watch Items (6)

Recently acquired by PE (LLCP, January 2025) — ownership change can affect franchise culture.
16 businesses (23 units) closed during 2025 — some churn despite growth.
Multi-unit vs single-unit disparity: multi-unit avg $2.12M vs single-unit 1-5 year avg only $580K.
Bottom performers in 1-5 year single-unit cohort at $57K — very low.
Reporting is by "business" not "unit" — makes per-territory performance harder to assess.
LLCP has large franchise portfolio (Kilwins, Lawn Doctor, Shipley) — franchise management may not be specialized to home care.

Can the Franchisor Actually Support You?

Your franchise is only as strong as the company behind it. A weak franchisor can't deliver on training, marketing, or technology promises — regardless of how good the business model is.

A financially weak franchisor may struggle to provide training, marketing, technology, and ongoing support. If they can't sustain themselves, your investment is at risk regardless of your own performance.

PE-backed with 626 units and 21-year history. No state-flagged financial concerns. LLCP has extensive franchise portfolio experience.

How Performance Evolves Over Time

Performance Trend (Year-over-Year)

Year	Reporting	Total	Average	Median	% Met Avg	Gross Profit
2023			$NaN	$NaN	%	%
2024			$NaN	$NaN	%	%

Investment Breakdown

Item	Low	High
Franchise Fee	$52,500	$52,500
Real Estate/Rent	$1,458	$6,713
Utility Deposits	$0	$365
Leasehold Improvements	$0	$1,825
Furniture, Fixtures & Equipment	$607	$3,650
Software	$911	$1,221
Computers and Printer	$1,214	$4,271
Insurance (incl Fidelity/Crime)	$3,644	$7,322
Signage	$607	$2,441
Office Equipment & Supplies	$911	$3,662
Training	$4,026	$5,876
Licenses & Permits	$0	$6,103
Legal & Accounting	$2,400	$15,493
Legal and Compliance Toolkit	$1,030	$1,030
Opening Inventory	$4,055	$6,630
Dues and Subscriptions	$0	$610
Additional Funds (3 months)	$4,743	$39,391
Total	$78,106	$159,053

1 territory. 2 territories: $124,245-$208,091. Mini territory: $52,495-$164,088. No financing offered.

Training Program

Total Hours

42.5

Synergy HomeCare

Quick Facts

How Much Do Franchisees Earn?

What Could You Take Home?

Revenue-to-Profit Translation

Is This System Growing or Shrinking?

How Much Does It Cost to Own This Franchise?

Investment Overview

Where Does Your Investment Go?

Ongoing Fees You'll Pay

Minimum Performance Requirements

Overall Assessment

Strengths (10)

Watch Items (6)

Can the Franchisor Actually Support You?

Does Scale Drive Revenue?

How Performance Evolves Over Time

Performance Trend (Year-over-Year)

Investment Breakdown

Training Program

Operations & Scale

Minimum Performance Requirements

Services & Capabilities

Franchise Benefits

Synergy HomeCare Pricing

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