Franchise Deep Dive: Senior Care Authority Franchise Costs, Fees, Profit and Data

Senior Care Authority, the eldercare franchise with over 100 locations in the U.S., offers consultation and guidance to families seeking the best care options for their aging loved ones.

By Erica InmanStaff Writer

SPONSOREDUpdated 11:23PM • 04/04/24

LAST UPDATED: April 2024

FRANCHISE WEBSITE: www.seniorcareauthority.com

NUMBER OF LOCATIONS: over 100

REPORTED COST TO GET IN: $73,140 - $262,040

REPORTED ROI (Item 19): not publicly available

Senior Care Authority offers a range of services to help families navigate the complex landscape of eldercare. From placement services to assistance in understanding healthcare to planning for the financial aspects of care, Senior Care Authority provides expert guidance and advocacy for seniors and their families.

How Many Senior Care Authority Locations Are There?

Senior Care Authority was founded in 2009 by Frank Samson. Initially, the brand was a local eldercare consulting and senior placement concept, but with Samson’s decades of expertise in the franchise industry and his passion for those seeking care for aging family members, the brand soon grew to be a leading franchise concept in the rapidly growing senior care industry.

With over 100 locations across the United States, Senior Care Authority has ambitious plans for continued growth.

What is the Senior Care Authority Business Model?

Senior Care Authority offers a full range of eldercare consulting services, helping families navigate the complex landscape of care options available to aging loved ones. The brand provides a menu of services that cater to the needs of seniors and their families. Clients are guided by the expertise of the brand’s Certified Senior Advisors and Certified Dementia Practitioners. Some of the services include:

Placement Assistance: Expert guidance in finding suitable senior living solutions, including assisted living, memory care, residential care homes, and skilled nursing facilities. Senior Advisors locate options that are personalized to the unique needs of their clients.

Eldercare Consulting: Comprehensive consulting services that cover every aspect of senior care needs, ranging from navigating healthcare options to planning for the financial aspects of receiving appropriate care.

Beyond Driving with Dignity: A program that respectfully addresses driving retirement among older drivers, offering practical solutions for families facing this challenge.

EASE: The Employee Assistance Solutions for Eldercare initiative partners with businesses to offer eldercare benefits to employees, acknowledging the challenges and growing need for work-life balance for those providing care.

How Much Can Senior Care Authority Franchise Owners Make?

The brand does not make this information publicly available. Prospective owners can access this information through the brand’s most recent Franchise Disclosure Document (FDD).

How Much Does It Cost To Open a Senior Care Authority?

The total initial investment necessary to begin operation of a Senior Care Authority franchise ranges from $73,140 - $99,040 for a single unit franchise for the first year of ownership and $115,640 - $262,040 for multi-unit franchise ownership. Costs may vary depending on location and market prices, but a general list of costs included in this initial investment are include:

Business Administrative Setup Fee: $10,000
Certifications: $1,000 - $2,000
Computer and Tablet (iPad): $0 - $3,000
Supplies: $300 - $700
Insurance: $1,500 - $2,000 (annually)
Additional Operating Capital: $1,750 – $5,000

Senior Care Authority also requires a technology and marketing fee of $895 per month, as well as an ongoing royalty fee, which varies by years of ownership as indicated below:

Six Months - One Year: 8% or $400 per month, whichever is greater
Year Two: 8% or $600 per month, whichever is greater
Year Three: 8% or $800 per month, whichever is greater

What Is the Franchise Fee for Senior Care Authority?

The franchise fee required to begin operation of a Senior Care Authority franchise is $52,500, which must be paid to the franchisor. Franchisees are also required to pay a $10,000 onboarding fee.

Who’s On Senior Care Authority’s Leadership Team?

What Helpful Articles Can I Read to Learn More About Senior Care Authority?

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.