Senior Helpers

In-home care for seniors

Background

Founded: 2001 Franchising since: 2005
Address:
8600 LaSalle Rd., #311
Towson, Maryland 21286
Phone:
(800)760-6389

Franchisee Association
NPDA & IFA

Franchisor is a privately-held company with 33 employee(s); 25 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 243 1 0 1
2008 152 0 0 1
2007 105 0 0 1
2006 33 0 0 2

Where Seeking Franchisees
Nationwide
Outside the U.S.: Canada

Exclusive territories available.
Territory size: 15,000+ seniors over 75 meeting minimum income requirements

Costs and Fees

Total investment: $69,800 - $96,300
Franchise fee: $39,500
Ongoing royalty fee: 5%
Term of agreement: 15 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Cash liquidity requirement: $250,000
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills
  • Staffing or temp placement skills

Operations
  • Number of employees needed to run franchised unit: 3
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 3 days
  • Additional on-site training; computer-based training

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Rankings

Franchise 500® rank:
#190 (2010); #128 (2009); #351 (2008);

Fastest-Growing Franchises:
#27 (2010); #33 (2009); #93 (2008);

Top New Ranking:
#2 (2010); #7 (2009); #25 (2008);

America's Top Global Franchises:
#148 (2010); #100 (2009);


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