Senior Helpers

More than a companion care company, Senior Helpers provides full in home personal and companion care to seniors, including help with daily tasks such as light housework, meal preparation, errands, transportation, medicine reminders, meal planning, and Alzheimer’s care. Offering a continuum of care (beyond basic companionship) puts Senior Helpers at the forefront of the industry and gives us a strategic advantage in the marketplace.

Business Quantifiers: Currently, nearly 20% of seniors have significant long-term care needs. Studies also indicate that by 2020, the number of senior households is expected to grow by nearly 53%, with more than 80% of seniors expected to still be homeowners. Their in-home needs will grow, as well, with the number of seniors with disabilities expected to continually increase. A US government commission recently concluded that “the need for Home- and Community-Based Services will grow substantially owing to the desire for seniors to age in place.”

Background

Year Established: 2001
Year First Franchised: 2005
Franchised Units: 300+
Company Owned Units: 1
Projected New Units (12 months): 40
States/Countries Registered In: All states except DE, ND, SD, RI, HI, LA, MN and AK. (Filed in all other Registration States – please call for availability). Available in Canada (except Quebec, Yukon, Nunavut, and Northwest territories).
Availability in Canada: Masters / Area Developer: N/A
States, from which Referrals are not accepted: All states except HI, ND, and SD

Financial/Terms

Cash Investment: $90k
Total Investment: $69,800 - $96,300
Minimum Net Worth: $250k
Franchise Fee: $39.5k – single; $65k – two; $90k – three; $110K – four; $125k - five
Discounts: VetFran, Women, Minorities: VetFran
VetFran Program Participant: Yes - $1,000 off franchise fee
Royalty: 5%
Ad: ½%
Average # of Employees: 1
Passive Ownership Allowed: No
Earnings Claims: Yes

International Expansion:
International Opportunities: Yes – available in Canada
Countries, outside of United States, where the concept is currently available or plans to expand: Available in Canada
Single Unit Availability: Yes
Multiple Unit Availability: Yes
Area Development or Master Availability: N/A
Cash Investment: $90k
Total Investment: $69,800 - $96,300

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