Make Money, Make A Difference: Start A Senior Care Franchise
Today’s post explains what it takes to start a senior care franchise, along with what makes the Executive Care business model as profitable as it is gratifying.
Make Money And Make A Difference With Senior Care
Research by the AARP shows that 1 in 5 Americans will be over the age of 65 by 2030. That means a huge percentage of older adults will be relying on senior homecare services to maintain their independence and meet their healthy aging goals. Indeed, the number of dependent older adults today has already shattered all historical precedents.
For those who want to start a senior care franchise, that’s fantastic news. Not only will senior care franchise owners enjoy unprecedented demand for their services, but they’ll have more opportunities than ever before to truly make a difference in the lives of their community members. No other opportunities offer this blend of spiritual and financial payoff.
Start A Senior Care Franchise With Executive Care
Our founders ran the company for nine fulfilling years before franchising it in 2013. Since then, the Executive Care brand expanded rapidly as communities across America fall in love with our custom care model, contract flexibility, and customer service.
Today, Executive Care is recognized as a leading senior care franchise. Along with thousands of great reviews from satisfied customers, we’ve received several awards and top rankings from industry authorities, including:
- 2012: Home Care Pulse Employer and Provider of the Year
- 2013: Ernst & Young Entrepreneur of the Year Finalist
- 2016: Top-ranked new franchise on Entrepreneur Magazine’s list and recognition as top home care provider by Home Care Pulse
- 2017: Ranked in Entrepreneur Magazine’s Franchise 500 list
- 2018: Franchise Times Magazine Top-200 list
- 2019: Franchise Times Magazine Top-200 list
When you partner with our team to start a senior care franchise, all of our accolades, experience, and proven business systems go to you. From the first day your doors are open for business, you’ll benefit from a trusted brand reputation that drives sales and creates more opportunities to make a difference in your community.
No Experience Required
No experience? No problem. After nearly 20 years in business, we’ve accrued plenty, and we’ve built an unmatched training system to pass it on quickly and effectively. Moreover, we offer comprehensive support to keep your business on track, from pre-opening planning and business development assistance to on-site sales and operations coaching.
Start A Senior Care Franchise For Less Than You Think
While it’s true that you need to spend money to make money in this industry, you don’t have to be a millionaire to start a senior care franchise that makes a difference.
On average, it costs between $99,650 and $161,900 to start a senior care franchise with Executive Care. This figure includes the franchise fee, territory rights, operating capital, and all other startup costs (e.g. office supplies, signage). It also includes between $45,000 to $68,000 in working capital to cover any shortfalls or emergencies that occur in the early months. You read that right: you can start a senior care franchise for less than $200,000–that’s a fraction of what you’d pay to franchise with a fast food brand!
Discounts are available, too. Executive Care proudly participates in the International Franchise Association’s (IFA) VetFran program, which makes veterans eligible for a 20% discount on their initial territory fees.
Book A Free Senior Care Franchise Consultation
Call 1 (855) 393-2372 or visit the Executive Care website to book a free consultation and see what territories are available near you.