Owning a Senior Helpers franchise can be a lucrative business, but it does have some initial financial requirements. The low estimate assumes that you live within driving distance of the franchisor’s headquarters or the designated training facility; the high estimate assumes that you will incur costs for lodging, food, and travel for the training period. A Caregiver is someone who is compassionate, reliable, knowledgeable, and most importantly, trustworthy. Here is the opportunity: Senior care has been identified by The Canadian Franchise Association as one of the fastest growing segments in the Canadian marketplace as well as one of six segments expected to experience growth as the first of Canada’s aging baby boomers are poised to turn 65 at which time new health concerns arise. Total Investment Range: $103,300 - $142,300. Franchise fees total $49,500. With Senior Helpers elder care franchise, you provide the professionalism and expert care that families and their aging loved ones require. Furniture, Fixtures, and Equipment (Including Computer System):  $5,000 to $7,000, 9. Home Helpers Home Care — Active member of the healthcare & senior care industry since 1997. The costs will depend on the distance you must travel and the type of accommodations you choose. *Actual costs, expenses, and revenues vary from business to business, and from franchisee to franchisee. Your costs will vary depending on your market, the amount of coverage you select, your insurance carrier, and other factors. The total cost ranges from $104,800 to $144,300 and candidates are asked to have $100,000 in liquid capital and a net worth of at least $200,000. If you don’t see a question answered here, please contact us. Compare information for franchise opportunities with AskMrFranchise.com. Reminder: Your username and password are case-sensitive. Senior Helpers Franchise 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. 2. Security or other deposits may be refundable either in full or in part, depending on your lease or contract. View Senior Helpers franchise cost, profit, and reviews for 2020 to discover the best franchising opportunities for you. These costs include the franchising fee of $44,500 that is required to get the business up and running. Extremely experienced corporate staff and a state-of-the-art training program for staff and caregivers. Owning a Home Helpers Home Care franchise can be a lucrative business, but it does have some initial financial requirements. Senior Helpers® is a premier provider of home care in Australia, with locations in most states. Moreover, the … Senior Helpers is actively seeking driven, caring, entrepreneurial individuals to help expand our network of senior care franchises throughout the country and around the world. There is an initial franchise fee of $49,500 which grants you the license to run a business under the Senior Helpers name. The franchisor can help you develop these initial advertising plans and programs. Senior Helpers Low Investment Range Investment ranges from $103,300-$142,300 - (Investment totals includes a range of working capital of $38,500 to $49,000) Franchise Fee: $49,500 (10% Discount for Veterans, 1st responders and minorities) Senior Helpers is a home care company which was set up in the United States by Tony Bonacuse and Peter Ross. Don't see your location above?Contact our corporate office. Senior Helpers Town Square provides specialized senior care for patients with Alzheimer's and dementia. And when it comes to costs, there are a lot of variables that can go into what a local office charges, including local regulations, the local cost of living, and the type and quantity of care that the client is likely to need. Based on the franchisor’s experience, it has found that prepaid rent is generally nonrefundable. Quick Franchise Summary. Quick Franchise Summary. Options for financing are available for those who qualify via third-party lenders, and Senior Helpers proudly offers veterans a … Cost of Home Helpers Home Care. This listing is expired. The franchisor and its affiliates may charge you a monthly fee or other fees for certain information technology related costs such as Relias, FranConnect access, Online Web Hosting/SEO, Applicant Tracking System, and e-mail. At Senior Helpers, we never want cost to stand in the way of getting your loved ones the care they need, so we'll tell you everything you need to know about financing our services. The following financial information was provided by Senior Helpers to give you more information about the costs associated with a Senior Helpers opportunity. The franchisor strongly recommends that you conduct advertising, marketing, and promotional campaigns just prior to opening your Franchised Business and during the first few months of operations. Additional operating expenses will be incurred in connection with the ongoing operation of your Franchised Business, and periodic reinvestment will be necessary following the initial start-up phase for leasehold improvements, equipment, fixtures, and other assets. The estimate includes items such as initial payroll and payroll taxes (including payroll to cover the pre-opening training period for some of your Franchised Business staff), continuing service and royalty fees, Marketing Fund contributions, professional fees (including accounting and computer fees), additional advertising, rent, repairs and maintenance, bank charges, IT fees, miscellaneous supplies and equipment, state tax and license fees, depreciation/amortization, deposits and prepaid expenses (if applicable), and other miscellaneous items. These costs will include printing services for promotional items. How much does it cost to open a Senior Helpers Franchise? Do you have financing available? Detailed Estimates of Senior Helpers Franchise Costs Based on Item 7 (Estimated Initial Investment) of Senior Helpers’ 2020 Franchise Disclosure Document 1. It has been developed both internally by our vice president of training and development and by using external subject-matter experts. Here are some other suggestions in the same category that you selected: Other Franchise Suggestions. The estimated investment required to open a Senior Helpers Franchise is between $104,800-$144,300. Initial Investment: $103,300 - $142,300 Net-worth Requirement: $200,000 Liquid Cash Requirement: $49,500. This is an estimate for your recruitment of the employees and caregivers of the Franchised Business. Email franchisechatterblog@gmail.com. ... Senior Helpers is prepared to meet the accompanying rise of demand in senior care service. Based on experiences of care that their own elderly family members received, Tony and Peter set out to create a company that would provide care with professionalism. View Senior Helpers franchise cost, profit, and reviews for 2020 to discover the best franchising opportunities for you. Our services range from specialised support for persons with chronic conditions and disabilities to companionship for adults looking for assistance around the home and to connect with the community. Franchise Fee: $49,500 Private and public healthcare systems need to prepare to care for these seniors. The cost to own a Home Helpers requires a minimum liquid capital of $50,000 and a total Investment of $84,750 - $136,900. The franchisor sets minimum insurance requirements for its Senior Helpers Home Care Businesses but it recommends that you seek the advice of an independent risk management professional and/or insurance broker to determine the additional coverage you should have in place for the business. At Senior Helpers, we believe that the key to supporting our franchise owners is to maintain consistent opportunities for education, training and growth. The estimates for this line item reflect the costs of various office supplies you will need in connection with the operation of the Franchised Business. The estimated investment required to open a Senior Helpers Franchise is between $109,300-$1,797,550. Top Services . Entrepreneur’s Franchise 500 20. Senior Helpers Town Square Franchising will work with local real estate partners to identify Town Square sites. Senior Helpers franchise owners are uniquely positioned to capitalize on a booming need for in-home care while delivering a meaningful and necessary service to elderly individuals and their families. CarePatrol is the Nation’s Largest SENIOR HOME PLACEMENT FRANCHISE. You must pay Senior Helpers a nonrecurring initial franchise fee in the … *Actual costs, expenses, and revenues vary from business to business, and from franchisee to franchisee. You can help meet the demand for senior care by opening a Senior Helpers franchise. Main Content . This will need to be done at opening and will help you to establish your business quicker than doing it by yourself. If you’re looking for a professional path that will allow you the freedom of working for yourself with the rewarding return of giving back to those in need, consider the Home Helpers ® franchise with a mission that matters. What does a Home Helpers Franchise Cost? The Senior Helpers franchise provides various in-home non-medical and personal assistance services, primarily for elderly individuals. Best Franchises; New Franchises; Low-Cost Franchises; A-Z Directory ; Featured franchise. Contact Us Now! That same year, Senior Helpers was acquired by private equity firm Altaris Capital for $125 million from Los Angeles-based private equity firm Levine Leichtman Capital Partners (LLCP), which had owned Senior Helpers since 2012. Best Franchises; New Franchises; Low-Cost Franchises; A-Z Directory ; Featured franchise. The investment for opening a Senior Helpers elder care franchise ranges from $80,000 and $150,000. In-Home Care Franchise Opportunity Discover the Business of Compassionate Caregiving. There are so many benefits of turning to professional care for your aging loved one. Our franchise locations provide the elderly and their loved ones with much-needed care and assistance. Franchise Fee: $49,500. Dominate the senior care market in your area with our proven concept. More than 2X LARGER than our nearest competitor. You may need to purchase furniture and fixtures (e.g., desks and chairs) for the Premises. Shaping your future requires that you capitalize on opportunity when opportunity presents itself. Senior Helpers is named to the Entrepreneur 2020 Top Low-Cost Franchises list as well as one of Entrepreneur's Top 500 Franchise Companies. Moreover, the … Senior Helpers®, the nation's premier provider of in-home senior care services, today announced it will host its second annual company-wide National Recruitment Day event on Wednesday, November 20. The Senior Helpers Franchise Development Team consists of Robert Cantrell, VP of Franchise Development and Annie Long, Franchise Development Manager. Senior Helpers has the franchise fee of up to $49,500, with total initial investment range of $103,300 to $142,300. To open a single home health care location, the company requires that potential franchisees have liquid assets of at least $100,000. The low end of the estimates for line items “Signage” and “Furniture and Fixtures” reflects the lessor’s contribution to the full costs of “Signage” and “Furniture and Fixtures.”. Add To Request Info Basket. The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. How much does Senior Helpersfranchise cost? Learn more now! The franchisor has offered to finance the initial franchise fee for certain exceptional franchisees to purchase an additional franchised business. Your email address will not be published. Get the answers you need for questions about Senior Helpers Franchise and senior care services. With 4 profit centers and over 23 years experience, Home Helpers Home Care has continued to outpace the rapidly growing Home Care industry. Annie Long has been with Senior Helpers for two years with a background in sales and marketing. Senior Helpers franchise owners are uniquely positioned to capitalize on a booming need for in-home care while delivering a meaningful and necessary service to elderly individuals and their families. You will need to hire a full-time office support person and marketing person initially to help you with scheduling and other office administrative duties and marketing initiatives. The factors that will determine your exact cost include: Where you live; Level of … Quick Franchise Summary. The franchisor cannot guarantee that you will not have additional expenses starting the business. Investors will pick a final location, and then a preferred contractor will build it out. How Much Does It Cost to Own a Home Helpers Home Care 's Franchise? Grab your share of the booming senior care market - inquire today about how you can become a successful Senior Helper owner! Care Patrol. You will need to install indoor signage in the Premises and outdoor signage in connection with the operation of a Franchised Business. Q&A with Mike Wootton, VP of Franchise Development for My Eyelab, FDD Talk 2020: Jimmy John's Franchise Review (Financial Performance Analysis, Costs, Fees, and More). Led by White, Senior Helpers Town Square Franchising offers potential investors two ownership models that leverage Senior Helpers’ unmatched senior care services: hands-on ownership – which requires a franchise owner to oversee the operation and actively participate in managing daily operations, or absentee ownership – relying on Senior Helpers to manage and execute day-to-day operations. Telephone and Internet connection service may cost approximately $50 to $300 per month. Senior Helpers has a franchise fee of up to $49,500, with a total initial investment range of $109,300 to $150,800. Senior Helpers Low Investment Range Investment ranges from $109,300-$150,800 - (Investment totals includes a range of working capital of $38,500 to $49,000) Franchise Fee: $49,500 (10% Discount for Veterans, 1st responders and minorities) We offer trusted and respected in-home senior care services that take a responsible role in supporting our clients, employees, and community. The entire staff and all helpers that were sent to my home to care for my loved one were truly well trained and professional in the assignment. Initial Franchise Fee: $49,500 The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. Senior Helpers Town Square is a one of a kind adult daycare experience featuring a unique, indoor, interactive program, in a simulated mid-century, small-town environment that utilizes Reminiscence Therapy. The Senior Helpers franchise is currently not available on America’s Best Franchises. Quick Franchise Summary. Like most home care agencies, Senior Helpers works as a franchise, with each location independently owned and operated. Initial Franchise Fee: $49,500. Sheri-Anne & Charlene have resided in Markham for over 34 years and are the proud owners of Senior Helpers Markham. In-Home Care Franchise Opportunity Discover the Business of Compassionate Caregiving. Support Options. The overall cost is dependent on a variety of factors. How Much Does It Cost to Own a Senior Helpers ' Franchise? A local Senior Helpers home care franchisee comes along and staffs the entire franchise with care staff of 10 to 15 aides once opened. Bio Senior Helpers was founded in 2001 to offer professional in-home care services, and began franchising in 2005. Find detailed information about Senior Helpers franchise costs and fees. High-growth model with a low initial investment in the senior care industry with the fastest growing senior care franchise in the U.S. How much does Senior Helpersfranchise cost? Benefits of Turning to Professional Senior Care April 30, 2018. that will be used to help market your franchise in your territory. August 1, 2020 by Franchise Chatter Leave a Comment in Franchise Costs, Senior In-Home Care Franchises, 2. Find detailed information about Senior Helpers franchise costs and fees. Our low initial investment range to start a Senior Helpers franchise is $109,300 - $150,800 which includes three months additional working capital and staffing funds along with our $49,500 initial franchise fee. Initial Franchise Fee: $49,500 Total Investment: $109,300 to $150,800 Working Capital: $41,000 to $52,000 Royalty Fee: 5.0% Travel and Living Expenses While Training:  $1,500 to $3,000, 3. Senior Helpers — Active member of the healthcare & senior care industry since 2004. You are not on your own when you open a Senior Helpers home care franchise. Senior Helpers - Franchise. Initial Franchise Fee: $49,500 Ongoing Royalty Fee: 5% Ad Royalty Fee: 1%. Lease costs will vary with real estate costs in each market. Franchise Costs: Detailed Estimates of Senior Helpers Franchise Costs (2020 FDD) 1. A partnership with established senior care franchise Senior Helpers, and George G. Glenner Alzheimer's Family Centers, Inc., Town Square provides a new kind of senior care based on Reminiscence Therapy research. This listing is expired. Prepaid rent and security deposits are generally required by landlords, utilities, and certain other merchants or government entities. Learn more about the size and growth projection of the senior care market, and then start your due diligence by touring our online tutorial and connecting with Senior Helpers executives to have a first conversation. Right out of the gate owners are provided with multiple highly qualified leads per month through a National Agreement with A Place For Mom. Franchisees of the Maryland-based company offer personal and companion care, senior care management and evaluation, nurse and "peace of mind" visits, surgery assistance, sitter services, and Alzheimer's and dementia care. Every owner in our network is offered on-going access to webinars, conference calls, and a wide array of other educational media designed to help owners and staff learn at their own pace. Senior Helpers Town Square is a one of a kind adult daycare experience featuring a unique, indoor, interactive program, in a simulated mid-century, small-town environment that utilizes Reminiscence Therapy. This is an estimate only for the additional operating capital needed to operate your Franchised Business during the initial 3 months after you open for business. The franchisor will provide the initial training program at its franchise administrative office (currently Towson, Maryland) or at a designated training facility of the franchisor’s choice. We wanted to do find away that would relieve and heal a sense of helplessness - for not only ourselves but families like ours." The franchisor expects that you will need approximately 1,000 square feet for the office. There’s also a 5% ongoing royalty that comes off of your gross sales. The combined health-care system and out-of-pocket caregiver costs for Canada total an estimated $10.4 billion per year. CarePatrol is the Nation’s Largest SENIOR HOME PLACEMENT FRANCHISE. The franchisor recommends that you spend approximately $2,000 to $6,000 on this initial advertising. Minimum Cash Required: $40,000. A Home Helpers franchise offers senior care, home care and skilled care services. Learn more now! Initial Franchise Fee: $49,500 Total Investment: $109,300 to $150,800 Working Capital: $41,000 to $52,000 Royalty Fee: 5.0% Total Investment $104,800 - $144,300 The franchisor expects that this fee will begin to be incurred during your first month of operations. 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