#139
At a Glance
Products & Services: Nonmedical in-home senior care
Number of Locations: 200
Total Investment: $86.79K - 123.89K
Founded: 1998
Began Franchising: 2006
About Seniors Helping Seniors
Kiran Yocom, who worked with Mother Teresa for 14 years before moving to the U.S. from India, teamed with husband Philip Yocom to start Seniors Helping Seniors in 1998. The company, which began franchising in 2006, offers companionship, nonmedical home care and home maintenance services to seniors who need help to stay in their homes-- all provided by other seniors, rather than younger caretakers.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 199 | 0 | 0 | 1 |
| 2011 | 168 | 0 | 0 | 1 |
| 2009 | 86 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $86,785 - $123,890
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $40,000
Liquid Cash Available: $40,000
Operations
Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 5 days. At franchisee's location: 3 days. Annual convention : 2 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: Radio
Franchise Ranking History
America's Top Global: #130 (2012),
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