Question 1

How much does it cost to open a CarePatrol franchise?

Accepted Answer

The total initial investment for a CarePatrol franchise ranges from $65K to $136K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the CarePatrol franchise fee?

Accepted Answer

The initial franchise fee for CarePatrol is $57K.

Question 3

What are the net worth requirements for a CarePatrol franchise?

Accepted Answer

Net worth requirements for CarePatrol are specified in the Franchise Disclosure Document.

Question 4

Does CarePatrol require a personal guarantee?

Accepted Answer

Yes, CarePatrol requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a CarePatrol franchise?

Accepted Answer

Equipment costs for a CarePatrol franchise range from $1K to $2K.