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The number of Americans ages 65 and older are projected to reach 80 million by 2040. The number of adults ages 85 and older, the group most often needing help with basic personal care, is forecast to nearly quadruple between 2000 and 2040.
Demand for senior care continues to increase. That’s good news for those interested in investing in senior care franchises.
Franchise Business Review determined the best senior care franchisees to own per a survey with franchisees. Survey participants were asked questions about their franchisor that focused on leadership, training and core values, as well as personal questions about their business lifestyle and overall enjoyment of running their franchise.
Per the survey results, here are the franchises that made the top senior care franchises list for 2022.
Visiting Angles has been fine-tuning their systems for the past two decades and has blazed the trail for more than 600 non-medical, private duty home care agencies throughout the United States. Enhancing the quality of life for millions of seniors is their true measurement of success.
Investment: $84,085
Cash Required: $59,950
For more information - Visiting Angels Franchise.
Right at Home provides in-home care services to allow seniors and people with disabilities to retain as much dignity and independence as possible. Right at Home has over 600 locations and is one of the largest home care franchises in the world.
Investment: $82,000
Cash Required: $150,000
For more information - Right at Home.
Synergy HomeCare’s level of service and turnkey support is their key differentiator and secret to success. Their brand marketing, national partnerships, first person support and Care For Everyone strategy sets them apart from other brands.
Investment: $44,286
Cash Required: $50,000
For more information - Synergy Home Care.
Assisting Hands Home Care is one of the leading in-home care franchises, emphasizing exceptional customer service and personalized non-medical care. With their proven and scalable business model, gross revenues increase exponentially, while fixed costs increase incrementally.
Investment: $87,700
Cash Required: $100,000
For more information - Assisting Hands.
FirstLight Home Care is a leading provider of home care services, helping individuals achieve the quality of life they deserve. They not only work with seniors, but also people recovering from illness, injury, or surgery and disabilities.
Investment: $113,300
Cash Required: $100,000
For more information - FirstLight Home Care.
Senior Care Authority has two revenue streams. 1) Senior Placement: Whether families need help with assisted living, dementia care or independent senior living, franchise owners identify the right level of care and find the best fit for seniors. 2) Eldercare Consulting: Franchise owners offer families more help with making decisions and challenging transitions. This service is exclusive to Senior Care Authority and includes family coaching, skilled nursing or caregiver selection, connections to vetted resources and more.
Investment: $71,095
Cash Required: $50,000-$150,000
HomeWell Care Services is one of the fastest growing home care franchises and provides personal care, companionship, and homemaker services that help seniors and other homebound individuals remain safely in the comfort of home. As a HomeWell owner, you’ll receive the structure, training, and ongoing support necessary to meet the needs of the senior care industry’s growing demographic.
Investment: $96,000
Cash Required: $150,000
Caring Senior Service helps franchisees streamline their business with a proprietary platform for recruiting, training, and retaining caregivers, while optimizing workflows that allow you to work on your business as well as in your business. They are the only tablet-based home care operator in the United States.
Investment: $100,000
Cash Required: $150,000
Oasis Senior Advisors is a scalable concept with high growth potential and recession resilience. Franchisees give back to their communities by establishing and growing relationships with community partners to provide seniors and their families the right resources and living solutions when they need them most.
Investment: $64,890
Cash Required: $40,000
Nurse Next Door Home Care Services gets their clients back to doing things they love. It is the only franchise system that offers a 24/7 centralized call center that will help you run your business.
Investment: $109,115
Cash Required: $30,000
For more information - Nurse Next Door Home Care Services.
CarePatrol helps families find the most appropriate assisted living and other housing options for their senior loved ones. Franchisees receive a generous commission each time their client chooses one of the providers’ services.
Investment: $77,970
Cash Required: $50,000
For more information - CarePatrol.
A Place At Home is senior care franchise that is comprehensive, consistent, and continuous. The Senior Focused Care model enables you to drive multiple revenue streams with a recession-resistant business model.
Investment: $84,185
Cash Required: $50,000
Read the entire Franchise Business Review about the Top Senior Care Franchises.
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