Why Buy a Senior Care Franchise in Phoenix?
There’s a lot to love about Phoenix as an investor. And as one of America’s most popular cities for retiring seniors, it’s an ideal location for a home care franchise.
In a recent review of our available franchise territories, Phoenix ranked near the top of the list in a number of key areas. Below, we’ll take a quick look at what makes Maricopa County an ideal fit for a Senior Helpers home care franchise.
Growing Market for Home Care
As the fifth largest city in the country, Phoenix boasts one of the nation’s largest markets for in-home care. Today, more than 671,000 residents of Maricopa County are over the age of 65, representing 15.2% of the total population.
That number is on pace to rise in the coming years, with approximately 779,000 residents between the ages of 50 and 64, representing 17.7% of the population. Over the next 15 years, this generation will expand the local market for senior care services, offering a sustainable path to growth for home care franchises.
Ideal Climate for Investors
Phoenix is one of America’s friendliest metro areas for small business owners, with low taxes, affordable costs, and minimal red tape. Entrepreneurs can also draw on a number of municipal and state funding sources for new businesses.
Maricopa County also grades highly when it comes to staffing costs — a critical factor for senior care agencies. A large available workforce, combined with lower-than-average staffing costs, makes Phoenix an attractive market for home care employers.
Attractive Territories Available
Senior Helpers is looking to expand our brand within the Phoenix metro area, where we have a number of high-potential territories available.
These territories cover some of the wealthiest neighborhoods and suburbs in Maricopa County. They also include a number of popular retirement destinations in the Phoenix metro area for seniors.
Every Senior Helpers territory is protected and comes with a minimum of 30,000 seniors.