SYNERGY HomeCare vs Homewatch CareGivers
Franchise Comparison 2026
Both SYNERGY HomeCare and Homewatch CareGivers are senior care franchises. SYNERGY HomeCare requires an investment of $80K – $164K while Homewatch CareGivers requires $92K – $154K. In terms of revenue, Homewatch CareGivers reports higher average unit revenue at $2.2M. On SBA loan performance, SYNERGY HomeCare has a lower charge-off rate (9.8%) compared to Homewatch CareGivers (11.4%). FranchiseVerdict rates SYNERGY HomeCare A (Top Quintile) and Homewatch CareGivers A (Top Quintile).
| Metric | SYNERGY HomeCare | Homewatch CareGivers |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $80K – $164K | $92K – $154K |
| Franchise Fee | $55K | $50K |
| Royalty Rate | 5.0% | 5.0% |
| Average Revenue (Item 19) | $2.1M | $2.2M |
| SBA Charge-Off Rate | 9.8% (71 loans) | 11.4% (70 loans) |
| Total Units | 626 | 213 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2005 | 1996 |
| FDD Year | 2026 | 2024 |
Investment Range
$80K – $164K
$92K – $154K
Franchise Fee
$55K
$50K
Royalty Rate
5.0%
5.0%
Average Revenue (Item 19)
$2.1M
$2.2M
SBA Charge-Off Rate
9.8% (71 loans)
11.4% (70 loans)
Total Units
626
213
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2005
1996
FDD Year
2026
2024