Franchise Deep Dive: Options for Senior America Franchise Costs, Fees, Profit and Data

LAST UPDATED: September 2024

FRANCHISE WEBSITE: ??https://optionscorp.com/franchise 

NUMBER OF LOCATIONS: 19

REPORTED COST TO GET IN: $85,800 - $110,400

REPORTED ROI (Item 19): N/A

Options for Senior America is a home-care franchise that focuses on senior companion care, homemaking and respite care. The brand has been serving clients for over three decades now and has become an expert in special care needs, care for veterans and long-distance care in addition to standard senior care.

How Many Options for Senior America Locations Are There?

There are currently 19 Options for Senior America offices in the U.S. While the brand has been open since 1989, the system has remained relatively small. Options for Senior America notes on its franchise site that it operates four offices, pointing out that it understands the day-to-day responsibilities and challenges of franchise owners, but this also indicates that there are just 15 franchised offices in the system.

The in-home care industry is consistently growing, and more seniors will need care in the near future, so Options for Senior America should have the potential to continue growing should it identify the right franchise partners.

What Is the Options for Senior America Business Model?

Options for Senior America offers in-home care for seniors that makes aging in place safer and more accessible for clients. Caregivers are often responsible for tasks like light housekeeping, meal preparation, safety supervision, organization and respite care. Because caregivers are generally out in the field, Options for Senior America franchisees can have a relatively small, streamlined office space.

How Much Can Options for Senior America Franchise Owners Make?

Options for Senior America does not make any public revenue representations. Prospective franchisees should review the Franchise Disclosure Document and speak with existing owners to gather more information.

How Much Does It Cost To Open an Options for Senior America?

The estimated initial investment required to begin the operation of an Options for Senior America franchise ranges from $85,800 to $110,400. Though Options for Senior America does not publish a detailed breakdown of individual costs, the franchisor does note that the initial range accounts for all startup costs plus six months of operation while many brands only account for three months of operation.

What Is the Franchise Fee for Options for Senior America?

Options for Senior America charges a $47,500 franchise fee.

Who Is the Leadership of Options for Senior America?

• Radhik Patel — Co-CEO
• Alec Campbell — Co-CEO
• Ramzi Rihani — Co-Founder, Senior Advisor

What Helpful Articles Can I Read To Learn More?

• Young Entrepreneur Is Transforming Senior Care with Modern Approaches with Options for Senior America
• Assisted Living Statistics And Facts In 2024
• 15 Senior Care Franchise Businesses

Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our Power Rankings to read more on brands making moves. 

Check out these three 1851 brands:

Caring Transitions

• Franchise Development Page
• Number of Open Locations (as of September 2024): 325+
• Investment Range: $63,562 - $108,612

Right at Home*

• Franchise Development Page
• Number of Open Locations (as of September 2024): 700+
• Investment Range: $88,700 - $160,725

Seniors Helping Seniors

• Franchise Development Page
• Number of Open Locations (as of September 2024): 200+ 
• Investment Range: $86,785 - $141,390

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.

Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. 

All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.