Best Senior Care Franchises to Buy in 2021
The number of senior citizens is growing rapidly, positioning senior care franchises as particularly lucrative business opportunities.
Before the COVID-19 pandemic, the senior care industry was already facing a rapidly aging population curve dubbed the “silver tsunami.” Health care officials predict an influx of demand for home care since many individuals over 65 will favor aging at home rather than in nursing homes or other long-term care facilities. In 2021, the value of quality, safe in-home senior care only became more apparent as the pandemic made inpatient medical care a risky bet for seniors.
For franchise investors looking for an opportunity to get into senior care, here are 16 of our favorite senior care franchises for 2021:
Seniors Helping Seniors
- Startup Costs: $96,785-$151,390
- Units: 200+
Right At Home
- Startup Costs: $80,000-$147,000
- Units: 614
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Interim HealthCare
- Startup Costs: $126,000-$199,000
- Units: 597
Firstlight Home Care
- Startup Costs: $113,000-$199,000
- Units: 190
Senior Helpers
- Startup Costs: $109,000-$151,000
- Units: 317
Home Helpers Home Care
- Startup Costs: $84,000-$137,000
- Units: 324
Assisting Hands Home Care
- Startup Costs: $81,000-$153,000
- Units: 135
Amada Senior Care
- Startup Costs: $82,000-$241,000
- Units: 111
Brightstar Care
- Startup Costs: $102,000-$169,000
- Units: 325
Home Instead Senior Care
- Startup Costs: $109,000-$125,000
- Units: 1,094
Assisted Living Locators
- Startup Costs: $67,000-$87,000
- Units: 139
ComForCare
- Startup Costs: $79,000-$150,000
- Units: 206
Griswold Home Care
- Startup Costs: $106,000-$133,000
- Units: 181
Acti-Kare Inc.
- Startup Costs: $32,000-$52,000
- Units: 134
Visiting Angels
- Startup Costs: $123,000-$161,000
- Units: 578
CarePatrol Franchise Systems LLC
- Startup Costs: $78,000-$99,000
- Units: 137