5 Senior Care Franchises We Love

As the “boomer” population ages to “senior status” at age 65, an estimated 72 million will need care as they age in place. This unprecedented number of people who will need caregiving services also presents an ample opportunity for potential franchisees in an industry anticipated to grow from $100 billion in 2016 to $225 billion in the next three years.

At 1851, we may not be as wise as some of our most beloved elders, but what we DO know are great senior care franchises and why now is the time to invest in an industry that’s ripe with wisdom.

Seniors Helping Seniors

• Startup costs: $86,785-$141,390
• Units: 100+
• 1851 Brand Newsroom

Coming in at the top of our list is Seniors Helping Seniors®, an at-home, non-medical caregiving service that prioritizes employing seniors age 65 and up to assist their less active counterparts. The company was founded by husband-and-wife duo Kiran and Philip Yocom. Kiran was inspired to start the franchise while she worked alongside Mother Teresa. The Yocams founded Seniors Helping Seniors® in-home services in 1998 and opened the brand up to franchising in 2006. The Seniors Helping Seniors® brand’s mission of “do good and make money” has worked — as the Seniors Helping Seniors®  network has grown to 100 franchise partners in 30-plus states and international markets. 

Right At Home

• Startup costs: $150,000
• Units: 600+
• 1851 Brand Newsroom

Home truly is where the heart is. Right at Home*, a 600-plus-unit in-home companionship, personal care and assistance franchise that prioritizes hiring the RIGHT caregivers for clients, specializes in working with seniors and adults with disabilities who want to continue to live independently. Founded in 1995, the majority of the Omaha, Nebraska-based Right at Home locations are independently owned and operated and directly employ and supervise all caregiving staff — thus, low overhead costs!

Visiting Angels

• Startup costs: $49,950
• Units: 600+

Like peas and carrots, Visiting Angels and senior care go hand in hand. With more than 600 agencies across the country, Visiting Angels is arguably the most recognized leader in the senior care category — and for a good reason. According to Franchise Business Review, the in-home care franchise is not only the most frequently Googled home care brand, but franchisee revenue averages around $1,400,000 a year. So not only will investors expect lots of foot traffic and a high revenue stream, but they will also be aligned with a brand that values community and personal fulfillment.

Griswold Home Care

• Startup costs: $108,181-$181,431
• Units: 168
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Founded in 1982 by Jean Griswold, this franchise with 168 locations has maintained its profound empathy for older and disabled adults and those living with chronic conditions like dementia. With 168 locations in 29 states, Griswold Home Care is one of the country’s top home care companies. Its purpose is to give people the help they need to live in the place they love. Griswold helps adults maintain quality of life despite advanced age or onset of illness. This pandemic-proof business model stands out with its skilled caregivers and makes a sound investment for any entrepreneur.

Assisting Hands

• Startup costs: $80,650-$152,600
• Units: 157

With exceptional  franchisee training and support, Assisting Hands caregivers go into a client's home and provide non-medical care. This business model is highly scalable, and gross revenues increase exponentially, while fixed costs increase incrementally because a facility is not needed. Home care is a need because the aging population wants to stay home, and Visiting Hands caregivers help them remain happy at home.