Prepaid rent and security deposits are generally required by landlords, utilities, and certain other merchants or government entities. If you don’t see a question answered here, please contact us. To open a single home health care location, the company requires that potential franchisees have liquid assets of at least $100,000. We offer marketing blueprint, large territories, customized systems, & training. Moreover, the … You will need to install indoor signage in the Premises and outdoor signage in connection with the operation of a Franchised Business. Net Worth Required: $200,000 Senior Helpers was founded in 2001 to offer professional in-home care services, and began franchising in 2005. There is an initial franchise fee of $49,500 which grants you the license to run a business under the Senior Helpers name. Dominate the senior care market in your area with our proven concept. Leasehold improvements will vary with many factors, including the size and conditions of the Premises. Annie Long has been with Senior Helpers for two years with a background in sales and marketing. Detailed Estimates of Senior Helpers Franchise Costs Based on Item 7 (Estimated Initial Investment) of Senior Helpers’ 2020 Franchise Disclosure Document 1. Quick Franchise Summary. Your email address will not be published. Investors will pick a final location, and then a preferred contractor will build it out. Senior Helpers has a franchise fee of up to $49,500, with a total initial investment range of $109,300 to $150,800. View Senior Helpers franchise cost, profit, and reviews for 2020 to discover the best franchising opportunities for you. Senior Helpers Town Square - Adult Daycare - Franchise. Telephone and Internet connection service may cost approximately $50 to $300 per month. The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. Led by White, Senior Helpers Town Square Franchising offers potential investors two ownership models that leverage Senior Helpers’ unmatched senior care services: hands-on ownership – which requires a franchise owner to oversee the operation and actively participate in managing daily operations, or absentee ownership – relying on Senior Helpers to manage and execute day-to-day operations. The factors that will determine your exact cost include: Where you live; Level of … Franchise Fee: $49,500 Senior Helpers cannot estimate the results of any specific business or franchisee. Senior Helpers franchise owners are uniquely positioned to capitalize on the booming need for in-home senior care. The estimated investment required to open a Senior Helpers Franchise is between $109,300-$1,797,550. Every owner in our network is offered on-going access to webinars, conference calls, and a wide array of other educational media designed to help owners and staff learn at their own pace. Find detailed information about Senior Helpers franchise costs and fees. With a Senior Helpers franchise, you will have the opportunity to establish your own senior care business using a proven industry model. Senior Helpers is named to the Entrepreneur 2020 Top Low-Cost Franchises list as well as one of Entrepreneur's Top 500 Franchise Companies. High-growth model with a low initial investment in the senior care industry with the fastest growing senior care franchise in the U.S. Initial Franchise Fee: $49,500 The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. Lease, Utility, and Security Deposits:  $2,000 to $3,500, 4. Senior Helpers® is a premier provider of home care in Australia, with locations in most states. Care Patrol. Senior Helpers University is an organized, multifaceted program designed to address the training needs of new franchise owners, existing franchise owners, franchisee support staff and our caregivers. How much does Senior Helpersfranchise cost? Find detailed information about Senior Helpers franchise costs and fees. Initial Advertising:  $3,000 to $6,000, 10.  Business License and Permits:  $0 to $12,500, 11. It was painful, maddening even. Owning a Senior Helpers franchise can be a lucrative business, but it does have some initial financial requirements. This listing is expired. Learn more about the size and growth projection of the senior care market, and then start your due diligence by touring our online tutorial and connecting with Senior Helpers executives to have a first conversation. Based on the franchisor’s experience, it has found that prepaid rent is generally nonrefundable. The franchisor strongly recommends that you conduct advertising, marketing, and promotional campaigns just prior to opening your Franchised Business and during the first few months of operations. Quick Franchise Summary. *Actual costs, expenses, and revenues vary from business to business, and from franchisee to franchisee. The total cost ranges from $104,800 to $144,300 and candidates are asked to have $100,000 in liquid capital and a net worth of at least $200,000. Senior Helpers has the franchise fee of up to $49,500, with total initial investment range of $103,300 to $142,300. that will be used to help market your franchise in your territory. The cost may be higher if you choose and are approved to buy additional territory. Mature brand positioned for growth. Senior Helpers - Franchise. Required fields are marked *, Previous post: Q&A with Mike Wootton, VP of Franchise Development for My Eyelab, Next post: FDD Talk 2020: Jimmy John's Franchise Review (Financial Performance Analysis, Costs, Fees, and More), Need help? Private and public healthcare systems need to prepare to care for these seniors. The equipment cost estimate includes costs for communications equipment, computer hardware (computer – server, computer – client, printer/fax multi-function), and the costs of obtaining the required software the franchisor specifies from time to time. Senior Helpers franchise owners are uniquely positioned to capitalize on a booming need for in-home care while delivering a meaningful and necessary service to elderly individuals and their families. There is an initial franchise fee of $49,500 which grants you the license to run a business under the Senior Helpers name. Extremely experienced corporate staff and a state-of-the-art training program for staff and caregivers. The low end of the estimates for line items “Signage” and “Furniture and Fixtures” reflects the lessor’s contribution to the full costs of “Signage” and “Furniture and Fixtures.”. A partnership with established senior care franchise Senior Helpers, and George G. Glenner Alzheimer's Family Centers, Inc., Town Square provides a new kind of senior care based on Reminiscence Therapy research. How much does it cost to open a Senior Helpers Franchise? The estimate includes items such as initial payroll and payroll taxes (including payroll to cover the pre-opening training period for some of your Franchised Business staff), continuing service and royalty fees, Marketing Fund contributions, professional fees (including accounting and computer fees), additional advertising, rent, repairs and maintenance, bank charges, IT fees, miscellaneous supplies and equipment, state tax and license fees, depreciation/amortization, deposits and prepaid expenses (if applicable), and other miscellaneous items. You are responsible for obtaining all necessary permits or licenses necessary for the site locating, renovation, and operation of the Franchised Business. Top Services . Initial Franchise Fee: $49,500 The initial franchise fee is $49,500 and is paid when you sign the Franchise Agreement. A Home Helpers franchise offers senior care, home care and skilled care services. Bio Senior Helpers was founded in 2001 to offer professional in-home care services, and began franchising in 2005. You may be required to obtain a business license or permit before you can open the Franchised Business. Franchisees of the Maryland-based company offer personal and companion care, senior care management and evaluation, nurse and "peace of mind" visits, surgery assistance, sitter services, and Alzheimer's and dementia care. Offices must contain signage and a separate area for training that is not part of shared space. Senior Helpers has a franchise fee of up to $49,500, with a total initial investment range of $109,300 to $150,800. Senior Care has been identified by the Canadian Franchise Association as one of the fastest growing segments in the Canadian Marketplace. 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