An Opportunity in An Expanding Industry
A senior care franchise offers a financially competitive solution* for you to start a business of your own. When compared to other homecare franchise systems or buying your own elderly home care business, the Senior Helpers franchise cost is a bargain.
You’ll quickly learn that running a Senior Helpers Franchise does not require a lot of overhead or large office space, and that its internal staffing needs are very reasonable. Here is what you’ll need:
Senior Care Franchise Investment
The total estimated initial investment to start a Senior Helpers franchise is $81,300 – $117,300 which includes 3 months additional working capital and staffing funds along with our $44,500 initial franchise fee. The cost may be higher if you choose and are approved to buy additional territory. Most franchisees with ample credit scores finance the startup costs. If you have at least $44,500 in liquid capital (cash, home equity, 401(k) or IRAs, sellable assets and a net worth of at least $200,000), you can probably start a Senior Helpers franchise. This ranks the Senior Helpers ownership investment among the most reasonable initial investments in senior care franchises and franchises overall.
International applicants should have a net worth of at least $600,000, and liquid cash on hand of $300,000. This enables the franchise owner to build a sustainable business that is ready to tackle the first year of business and beyond.
In an effort to support our nation’s veterans, Senior Helpers offers United States vets a 15% discount off of our franchise fee. This comes out to a $6,675 savings.
Senior Helpers’ on-going royalty fee is only 5% of gross sales. This low royalty allows owners to reinvest cash flow and allocate earnings in the manner they believe will benefit them in the short and long term.
If you’re interested in becoming part of the Senior Helpers network and making a difference in your community, click here to learn more.
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