A free inside look at company reviews and salaries posted anonymously by employees. Senior Helpers is named to the Entrepreneur 2020 Top Low-Cost Franchises list as well as one of Entrepreneur's Top 500 Franchise Companies. 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. A Caregiver is someone who is compassionate, reliable, knowledgeable, and most importantly, trustworthy. This is an estimate of your initial insurance premium for required property and public liability insurance. Moreover, the … Learn more now! The estimated investment required to open a Senior Helpers Franchise is between $104,800-$144,300. 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.”. 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. 2. Senior Helpers is a home care company which was set up in the United States by Tony Bonacuse and Peter Ross. Our network is made up of individuals from a range of backgrounds: marketing, sales, health care, franchise, business and more. They all seemed to go the extra mile to get the job done. Senior Helpers Town Square Franchising will work with local real estate partners to identify Town Square sites. This will need to be done at opening and will help you to establish your business quicker than doing it by yourself. The franchisor cannot guarantee that you will not have additional expenses starting the business. Our franchise locations provide the elderly and their loved ones with much-needed care and assistance. We offer trusted and respected in-home senior care services that take a responsible role in supporting our clients, employees, and community. 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. High-growth model with a low initial investment in the senior care industry with the fastest growing senior care franchise in the U.S. 2014 – 15.6 % - Percentage of Canadian Seniors aged 65+ 2030 – 23% - Percentage of Canadian Seniors aged 65+ … Your costs will vary depending on your market, the amount of coverage you select, your insurance carrier, and other factors. How much does a Senior Helpers franchise cost? The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. A local Senior Helpers home care franchisee comes along and staffs the entire franchise with care staff of 10 to 15 aides once opened. Initial Investment: $103,300 - $142,300 Net-worth Requirement: $200,000 Liquid Cash Requirement: $49,500. 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. Senior Helpers University is an organized, multifaceted program designed to address the training needs of new franchise owners, existing franchise owners, franchisee support staff and our caregivers. The Senior Helpers franchise provides various in-home non-medical and personal assistance services, primarily for elderly individuals. The Senior Helpers franchise provides various in-home non-medical and personal assistance services, primarily for elderly individuals. How Much Does It Cost to Own a Home Helpers Home Care 's Franchise? August 1, 2020 by Franchise Chatter Leave a Comment in Franchise Costs, Senior In-Home Care Franchises, 2. Additional Funds for 3 Months:  $19,000 to $27,000, Your email address will not be published. Mature brand positioned for growth. Please scroll down to see some of our most popular franchises. Initial Franchise Fee: $49,500 Total Investment: $109,300 to $150,800 Working Capital: $41,000 to $52,000 Royalty Fee: 5.0% How much does it cost to open a Senior Helpers Franchise? 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. 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. 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. The cost may be higher if you choose and are approved to buy additional territory. At a minimum, franchisees will offer non-medical services, including “homemaker” services such as light housekeeping, meal preparation, running errands, grocery shopping, reading, companionship and general assistance. Find detailed information about Senior Helpers franchise costs and fees. Get the answers you need for questions about Senior Helpers Franchise and senior care services. This listing is expired. Initial Franchise Fee: $49,500 Ongoing Royalty Fee: 5% Ad Royalty Fee: 1%. In-Home Care Franchise Opportunity Discover the Business of Compassionate Caregiving. CarePatrol is the Nation’s Largest SENIOR HOME PLACEMENT FRANCHISE. There is an initial franchise fee of $49,500 which grants you the license to run a business under the Senior Helpers name. How much does it cost to open a Senior Helpers Franchise? Senior Helpers® is a premier provider of home care in Australia, with locations in most states. Purchasing a Senior Helpers Franchise Potential franchisees will need a minimum net worth of $200,000 and at least $50,000 in liquid capital. Coming Soon. To open a single home health care location, the company requires that potential franchisees have liquid assets of at least $100,000. You are responsible for obtaining all necessary permits or licenses necessary for the site locating, renovation, and operation of the Franchised Business. Care Patrol. 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) The Senior Helpers franchise is currently not available on America’s Best Franchises. 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. Quick Franchise Summary. Grab your share of the booming senior care market - inquire today about how you can become a successful Senior Helper owner! The current IT Fee is $325 per month. Required fields are marked *, Previous post: Q&A with Mike Wootton, VP of Franchise Development for My Eyelab, Next post: FDD Talk 2020: Jimmy John's Franchise Review (Financial Performance Analysis, Costs, Fees, and More), Need help? Sheri-Anne & Charlene have resided in Markham for over 34 years and are the proud owners of Senior Helpers Markham. You can help meet the demand for senior care by opening a Senior Helpers franchise. The Senior Helpers Franchise Development Team consists of Robert Cantrell, VP of Franchise Development and Annie Long, Franchise Development Manager. You may need to purchase furniture and fixtures (e.g., desks and chairs) for the Premises. Do you have financing available? The following financial information was provided by Senior Helpers to give you more information about the costs associated with a Senior Helpers opportunity. The overall cost is dependent on a variety of factors. Senior Helpers was founded in 2001 to offer professional in-home care services, and began franchising in 2005. Care Patrol. Private and public healthcare systems need to prepare to care for these seniors. The cost of other coverage, including workers’ compensation and other types of coverage cannot be estimated as they vary widely on a market-by-market basis. Senior Helpers has a franchise fee of up to $49,500, with a total initial investment range of $109,300 to $150,800. Initial Franchise Fee: $49,500 Total Investment: $109,300 to $150,800 Working Capital: $41,000 to $52,000 Royalty Fee: 5.0% Your email address will not be published. Prepaid rent and security deposits are generally required by landlords, utilities, and certain other merchants or government entities. If you finance these items, you will incur financing costs. Initial Investment: $103,300 - $142,300 Net-worth Requirement: $200,000 Liquid Cash Requirement: $49,500. Home Helpers Home Care develops care plans based on your unique needs. Senior Helpers has the franchise fee of up to $49,500, with total initial investment range of $103,300 to $142,300. Senior Helpers is actively seeking driven, caring, entrepreneurial individuals for our home health care franchise opportunities to help expand our network of senior care franchises throughout the country. 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. Total Investment Range: $103,300 - $142,300. Senior Helpers cannot estimate the results of any specific business or franchisee. 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. Contact Us Now! The franchisor has relied on data from its experience in the home care business to compile these estimates. There’s also a 5% ongoing royalty that comes off of your gross sales. This is an estimate for your recruitment of the employees and caregivers of the Franchised Business. There are so many benefits of turning to professional care for your aging loved one. 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. Dominate the senior care market in your area with our proven concept. that will be used to help market your franchise in your territory. Individual Unit Costs . Owning a Home Helpers Home Care franchise can be a lucrative business, but it does have some initial financial requirements. Below are several questions Senior Helpers frequently receives about franchising. Bio Senior Helpers was founded in 2001 to offer professional in-home care services, and began franchising in 2005. Like most home care agencies, Senior Helpers works as a franchise, with each location independently owned and operated. Options for financing are available for those who qualify via third-party lenders, and Senior Helpers proudly offers veterans a … 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. The combined health-care system and out-of-pocket caregiver costs for Canada total an estimated $10.4 billion per year. 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. You will need to install indoor signage in the Premises and outdoor signage in connection with the operation of a Franchised Business. Telephone and Internet connection service may cost approximately $50 to $300 per month. To operate a Senior Helpers franchise, you should be keenly interested in improving the lives of others and forming relationships with seniors and their families in your community. 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. This event is being held to encourage people to consider a rewarding career in caregiving, and Senior Helpers is hoping to hire more than 500 new caregivers across 300 locations nationwide. 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. Fill out the form to download our free guide and learn more! In-Home Care Franchise Opportunity Discover the Business of Compassionate Caregiving. Cost of Senior Helpers. Compassionate Helpers - Franchise. “The Senior Helpers were truly a help in our time of need to care for a loved one. With a Senior Helpers franchise, you will have the opportunity to establish your own senior care business using a proven industry model. 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. We offer marketing blueprint, large territories, customized systems, & training. Initial Advertising:  $3,000 to $6,000, 10.  Business License and Permits:  $0 to $12,500, 11. Here are some other suggestions in the same category that you selected: Other Franchise Suggestions. You will pay for all travel and living expenses which you (or your Operating Principal) and all of your employees incur, and for your employees’ wages and workers’ compensation insurance while they are training. 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. Total Investment $104,800 - $144,300 Though no two situations are the same, the general home care service costs about $20 - $30 an hour. Support Options. More than 2X LARGER than our nearest competitor. At Senior Helpers, we strive to ensure a better quality of life for our elderly clients and their families by providing dependable and affordable care. Here are some other suggestions in the same category that you selected: Other Franchise Suggestions. You must operate from an office within your Territory. Main Content . 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. These costs will include printing services for promotional items. At Senior Helpers, we believe that the key to supporting our franchise owners is to maintain consistent opportunities for education, training and growth. Financing may be available for some of your leasehold improvements, fixtures, signage, and furnishings through lessors or third parties. Franchise fees total $49,500. 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. Email franchisechatterblog@gmail.com. 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. 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. It was painful, maddening even. 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. Minimum Cash Required: $40,000. Add To Request Info Basket. Leasehold Improvements:  $0 to $3,500, 6. Offices must contain signage and a separate area for training that is not part of shared space. 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 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. Franchise Fee: $49,500. Senior Helpers is named to the Entrepreneur 2020 Top Low-Cost Franchises list as well as one of Entrepreneur's Top 500 Franchise Companies. The franchisor expects that this fee will begin to be incurred during your first month of operations. 340 Senior Helpers reviews. We offer marketing blueprint, large territories, customized systems, & training. Leasehold improvements will vary with many factors, including the size and conditions of the Premises. 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. Ongoing Fees. You will need to order promotional items from an approved vendor, such as coffee mugs, pens, note pads, candy jars, etc. 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. Home Helpers Home Care — Active member of the healthcare & senior care industry since 1997. Quick Franchise Summary. Senior Helpers — Active member of the healthcare & senior care industry since 2004. Home Helpers Home Care– a Franchise Business Review Top Low-Cost Franchise, is expanding in all states across the country, except Louisiana. You are not on your own when you open a Senior Helpers home care franchise. Quick Franchise Summary. Extremely experienced corporate staff and a state-of-the-art training program for staff and caregivers. *Actual costs, expenses, and revenues vary from business to business, and from franchisee to franchisee. Senior Helpers franchise owners are uniquely positioned to capitalize on the booming need for in-home senior care. View Senior Helpers franchise cost, profit, and reviews for 2020 to discover the best franchising opportunities for you. Moreover, the … Compare information for franchise opportunities with AskMrFranchise.com. Benefits of Turning to Professional Senior Care April 30, 2018. Senior Helpers Town Square - Adult Daycare - Franchise. Initial Franchise Fee: $49,500 The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. The franchisor recommends that you spend approximately $2,000 to $6,000 on this initial advertising. Senior Helpers Town Square provides specialized senior care for patients with Alzheimer's and dementia. How much does Senior Helpersfranchise cost? 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. The cost to own a Home Helpers requires a minimum liquid capital of $50,000 and a total Investment of $84,750 - $136,900. 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. Shaping your future requires that you capitalize on opportunity when opportunity presents itself. You must pay Senior Helpers a nonrecurring initial franchise fee in the … Compare information for franchise opportunities with AskMrFranchise.com. You may be required to obtain a business license or permit before you can open the Franchised Business. Quick Franchise Summary. Additional Staffing:  $22,000 to $25,000, 7. Top Services . Please scroll down to see some of our most popular franchises. With Senior Helpers elder care franchise, you provide the professionalism and expert care that families and their aging loved ones require. Franchise Costs: Detailed Estimates of Senior Helpers Franchise Costs (2020 FDD) 1. Furniture, Fixtures, and Equipment (Including Computer System):  $5,000 to $7,000, 9. Initial Franchise Fee: $49,500 Ongoing Royalty Fee: 5% Ad Royalty Fee: 1%. 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. Senior Helpers - Franchise. How much does a Senior Helpers franchise cost? Senior Helpers has the franchise fee of up to $49,500, with total initial investment range of $103,300 to $142,300. Based on the franchisor’s experience, it has found that prepaid rent is generally nonrefundable. Have any questions? You are not on your own when you open a Senior Helpers home care franchise. The factors that will determine your exact cost include: Where you live; Level of … With 4 profit centers and over 23 years experience, Home Helpers Home Care has continued to outpace the rapidly growing Home Care industry. 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. Don't see your location above?Contact our corporate office. The Senior Helpers franchise is currently not available on America’s Best Franchises. 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. Initial Franchise Fee: $49,500 The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. 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