Beginner’s Guide To Investing In Senior Care Franchises In The USA
Today’s post is for first-time investors thinking about starting a senior care franchise in the USA. Read on to learn the value, costs, and criteria associated with the Executive Care opportunity in 2020-2021.
Why Invest In Senior Care Franchises In The Usa In 2020-2021?
Believe it or not, there’s never been a better time to invest in a senior care franchise.
By 2030, 20% of the entire United States population will be age 65 or older, according to joint research by the AARP and U.S. Census Bureau. For the first time in the history of the USA, older adults will outnumber children, and seniors are living longer than ever before. Furthermore, the number of “senior orphans” (i.e. seniors without adult children to care for them) has never been greater.
These unique demographic trends are creating unprecedented demand for senior care franchises in the USA. As the number of seniors reaches record highs, so too does the need for qualified long-term caregivers, many of whom are employed by senior care franchises rather than public health institutions.
By investing in senior care franchises, you not only capitalize on this unprecedented demand for care, but also provide an essential service that makes life better for both the care recipient and their families.
Best of all, starting a senior care franchise is easy and affordable, as long as you partner with the right franchise.
What Does It Cost To Invest In Senior Care Franchises In The USA?
For those intending to purchase a single senior care franchise unit, the average start-up investment ranges between $99,650 and $161,900. This includes your entire start-up package, training costs, and a chunk of operating capital to cover any shortfalls or emergencies in the early months.
However, Executive Care offers multiple business models, including:
- Single-unit owner
- Multi-unit owner
- Executive owner/Investor
If you are interested in multi-unit ownership or working at the Executive level, it will cost more to get started—but the return on investment will be all the greater for it! Call 1-855-393-2372 to speak with a representative and learn more about what’s included in our various start-up packages.
Do I Need Specific Skills Or Experience To Start A Senior Care Franchise?
No. We look for strong leadership attributes, management skills, and the ability to multitask, but no medical training or previous business ownership experience is required. With the help of our polished training program and empowering support services, our opportunity is within reach of anyone with a readiness to learn and passion for senior care.
Book A Free Senior Care Franchise Consultation With Executive Care
Call 1-855-393-2372 or visit the Executive Care franchise website to book a free consultation and get answers to your investment questions.