8 Low-Cost Senior Care Franchises

The $651 billion elder care industry is navigating a pivotal moment due to the challenges posed by an aging population. The demographic landscape in the United States is seeing a major shift. By 2030, one in every five Americans will be 65 or older, a change that is driving up the demand for senior care services. It's estimated that 70% of these individuals will require some form of long-term care services at some point.

Seniors Helping Seniors

Founded in 1998, Seniors Helping Seniors provides companionship, nonmedical home care and home maintenance services to seniors who have chosen to age in their own homes. What truly sets Seniors Helping Seniors apart from comparable brands is its policy of employing active seniors to provide care services to their less-active counterparts. Since Seniors Helping Seniors began franchising in 2006, it has added 125 partners in more than 30 states and international markets. Initial investments for franchisees range from $82,240 to $144,390, including a $45,000 franchise fee. With its proven system of processes, extensive network of mentors and ongoing support, Seniors Helping Seniors provides its franchise partners with a roadmap to success in the senior care market.

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• Units: 200+
• Total Initial Investment: $82,240 - $144,390
• Franchise Fee: $45,000
• Royalty Fee: 5-6%
• Marketing Fee: 1%
• Liquidity Required: $100,000
• Franchise Agreement Length: 10 years

A Place at Home

A Place at Home’s strong commitment to preserving the independence and quality of life of seniors makes it an attractive franchise for entrepreneurs looking to enter the senior care industry. Founded in 2012, this franchise offers a comprehensive model that includes non-medical home care, care coordination, senior living alternatives, and staffing solutions. Initial investments range from $84,185 to $148,517, with a franchise fee of $49,500 and a royalty fee of 5.5%. The franchise also supports veterans with a 10% discount, showing a community-oriented approach. This franchise opportunity stands out for its multi-revenue stream approach and is particularly suited for passionate entrepreneurs motivated by personal caregiving experiences, making it an ideal time for interested parties to invest in a business with a profound impact.

Growth Club Profile

• Units: 26
• Total Initial Investment: $84,185 - $148,517
• Franchise Fee: $49,500
• Royalty Fee: 5.5%
• Marketing Fee: Not available
• Liquidity Required: $50,000
• Franchise Agreement Length: Varies

At Home Eldercare Franchising

At Home Eldercare Franchising emerged in 2018 from a deep expertise in non-medical home care. With a total investment ranging between $66,850 and $110,650, At Home Eldercare makes an accessible entry into the senior care market. The franchise offers extensive support and training, reflecting a commitment to both franchisee success and superior care standards. Aspiring franchisees can leverage At Home Eldercare's proven system and robust support network to make a significant impact in the lives of seniors, making now an opportune time to embark on a fulfilling business venture in a rapidly growing industry.

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Growth Club Profile

• Units: 6
• Total Initial Investment: $66,850 - $110,650
• Franchise Fee: $45,000
• Royalty Fee: 5.5%
• Marketing Fee: 1%
• Liquidity Required: $50,000
• Franchise Agreement Length: 10 years

Caring Transitions

Caring Transitions has scale: It’s the nation’s largest provider of senior relocation and household goods resale services. This franchise, which was founded in 2006, offers a unique value proposition with a comprehensive solution for senior relocation, downsizing and estate sales, meeting the full spectrum of client needs during transitional periods. With a franchise fee of $44,900 and total investments ranging from $58,912 to $82,712, this franchise is accessible for entrepreneurs eager to enter a high-demand industry. Caring Transitions is particularly appealing for those who wish to make a tangible impact on their community while benefiting from a business model backed by extensive training, support systems and a strong national presence, making it an optimal time for investment.

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• Units: 300
• Total Initial Investment: $58,912 - $82,612
• Franchise Fee:  $44,900
• Royalty Fee: 5%
• Marketing Fee: 2%
• Liquidity Required: N/A
• Franchise Agreement Length: 10 years

FirstLight* Home Care

FirstLight Home Care stands out in the non-medical home care industry with its emphasis on caregiver retention and training. Since its founding in 2010, it has offered comprehensive in-home care services to seniors, new mothers and disabled adults. With a franchise fee of $49,500 and an initial investment ranging from $99,681 to $152,926, FirstLight offers a viable entry into a growing market. Its wide range of services — from companion care to dementia care — positions FirstLight as an ideal choice for entrepreneurs who are serious about making a difference in the lives of their clients. Now is an excellent time to consider joining a franchise that prides itself on a caring culture and has a proven track record of success.

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• Units: 250+
• Total Initial Investment: $110,881 - $167,876
• Franchise Fee: $48,000
• Royalty Fee: 5%
• Marketing Fee: $4,500
• Liquidity Required: $100,000
• Franchise Agreement Length: Varies

Griswold

Griswold isn’t just big — it’s the pioneer of non-medical home care franchising in the United States. It was founded in 1982 by Jean Griswold. With a total investment ranging between $99,100 to $177,100, and a franchise fee of $49,500, Griswold represents an exceptional opportunity for those looking to enter the elder-care sector. The franchise offers robust support systems, including extensive training and marketing strategies, ensuring that franchisees are well-equipped to deliver high-quality care. Griswold stands out especially for its longstanding reputation and a business model that has demonstrated resilience and growth in the expanding elder-care market.

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• Units: 168
• Total Initial Investment: $99,100 - $177,100
• Franchise Fee: $49,500
• Royalty Fee: 4%
• Marketing Fee: $75 or 0.5% — whichever is greater
• Liquidity Required: $75,000 
• Franchise Agreement Length: 10 years

Right at Home*

Right at Home, founded in 1995 by Allen Hager in Omaha, Nebraska, stands out as a premier provider of in-home care services for seniors and disabled adults with its proprietary RightCare delivery system. With over 700 locations across six countries, Right at Home offers a significant franchise model including personal care, companionship and medication reminders. The franchise fee is $49,500, with a total investment ranging from $88,719 to $160,725 and a special 25% discount for veterans. This franchise provides extensive support to its franchisees, including training and marketing, positioning it as a compelling choice for entrepreneurs passionate about improving the quality of life for those they serve. Joining Right at Home now offers a chance to be part of a respected brand with a significant impact in the health-care industry.

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• Units: 700+
• Total Initial Investment: $88,719 - $160,725
• Franchise Fee: $49,500
• Royalty Fee: 5%
• Marketing Fee: 1-2%
• Liquidity Required: $150,000
• Franchise Agreement Length: N/A

Senior Care Authority

Senior Care Authority has established itself as a trusted consultant, advocate, coach and steward for families navigating the complexities of elder-care decisions. Founded in 2009 initially as a local elder-care consulting company by Frank Samson, a compassionate visionary with two decades of expertise in the franchise industry and a passion for helping families and their aging loved ones, Senior Care Authority has positioned itself at the forefront of elder care. Its Certified Senior Advisors and Certified Dementia Practitioners guide families through the often daunting task of finding the best care options for older loved ones.

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Growth Club Profile

• Units: 100
• Total Initial Investment: $73,140 - $99,040
• Franchise Fee: $52,500
• Royalty Fee: 8%
• Marketing Fee: NA
• Liquidity Required: $50,000
• Franchise Agreement Length: N/A

The senior care industry is undergoing a significant shift due to the aging population, but these low-cost franchises give entrepreneurs the chance to meet the growing demand and make a difference in the lives of seniors and their families.

Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey today.