Find answers to common questions about home care franchising and Senior Helpers franchise opportunities.
Over the past decade, Senior Helpers has been a staple on lists of top franchises within the home care sector. We’ve also been named to lists of the most affordable franchises for entrepreneurs, and we’ve become a nationally recognized leader in senior care.
Here are six of the most important areas where we stand out from other home care franchise brands:
Senior Helpers franchises are offered for an initial franchise fee of $55,000. In addition to the franchise fee, franchise owners can expect to invest an additional $70,800 to $144,800 in upfront costs. On average, our franchise owners start their franchises with a total investment of $147,800.
After their first year of operations, Senior Helpers franchises generate $314,986 in average gross revenue. This figure rises to $508,484 after two years of operations, to $901,001 after three years, and to $1,229,889 for franchises that have been open for five or more years.
(Numbers based on average earnings of Senior Helpers franchisees for the year 2021.)
Qualified candidates for a Senior Helpers franchise are expected to have $55,000 in liquid capital available, as well as a minimum net worth of $200,000.
Senior Helpers currently has available franchise territories in over 600 markets, including major metro areas across the United States.
To learn more about available markets, explore our map of available home care franchise territories, including our list of featured franchise opportunities.
Each franchise unit includes a protected territory with a population of at least 30,000 seniors. Franchisees are provided a list of ZIP codes that define their service area. Other Senior Helpers franchises cannot offer services within your protected territory.
Purchasing a Senior Helpers franchise involves a seven-step process:
On “Meet the Team Day,” qualified candidates have the chance to purchase their franchise and sign the franchise agreement.
For a more detailed look at this process, learn more about buying a home care franchise with Senior Helpers.
Senior Helpers offers 115 hours of training, split between online training and classroom instruction. Our online training is offered through Senior Helpers University. Our in-person training takes place at our corporate headquarters in Towson, MD. Following initial training, franchise owners have access to a wealth of further training and education resources.
In addition to training, we provide new franchisees with one-on-one coaching from a Franchise Operations Manager. We also work with each owner on an “Off to the Races” plan to help accelerate your launch and acquire your first clients.
For a more detailed overview of our training and support, read more about the process for starting your senior care franchise.
Senior Helpers franchise candidates do not need any prior experience in either the home care or medical industry.
Our family of owners come from a variety of backgrounds including sales, marketing, HR, management, customer service, prior or current business ownership, and administration. The areas where we find commonality are drive, integrity, self-starters, compassion, efficient time management, and a passion for working with and helping others.
As the owner of a Senior Helpers franchise, you can provide a wide range of senior care services within your local market.
Our services include standard caregiving, such as companion care and personal care, as well as skilled care for Alzheimer’s and dementia, and Parkinson’s. We also offer veteran services, helping senior veterans connect with home care funding through the VA.
Senior Helpers is also the only home care brand to offer the LIFE™ Profile assessment system — a data-driven tool that is proven to reduce hospitalizations and improve client outcomes for home care recipients.
Senior care franchises are considered some of the most profitable businesses available to franchise investors. This is due to rapidly growing demand for home care services, driven by the Baby Boomer generation. Senior care is also considered one of the most recession-resistant franchise industries.
As lucrative as senior care can be, it takes a specific type of business owner to succeed with a caregiving franchise. That’s why Senior Helpers places a strong emphasis on candidates who share our core values.
If you are a motivated self-starter with a passion for helping others, a senior care franchise can provide both financial and personal rewards.
To request the Senior Helpers franchise disclosure document (FDD), contact us to schedule an initial phone call with our franchise development team.
Following this call, qualified candidates are invited to a Concept Discussion to learn about our franchise offering in detail. At the conclusion of the Concept Discussion, the FDD is shared with the prospective franchisee.