
Caring Senior Service
Nonmedical home care- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$110K - $170K
- Units as of 2022
-
57 23.9% over 3 years
Here’s what you need to know if you’re interested in opening a Caring Senior Service franchise.
Caring Senior Service offers non-medical care services and safety products to seniors who prefer to live in their homes rather than moving to a facility. Caring Senior Service began the process of perfecting its proprietary GREATCARE® method in 1991 before opening itself up to franchisees in 2002.
Caring Senior Service focuses on a three-pillared approach to senior home care: quality caregivers, quality solutions, and constant engagement. Today, the brand has expanded to include over 40 franchises all across the United States.
Why You May Want to Start a Caring Senior Service Franchise
With more than a 30-year track record in the senior home care industry, Caring Senior Service has demonstrated the strength of its business model. Its uniquely effective system and fairly affordable investment level may be an excellent start to understanding its continuing demand and company growth. Franchisees may benefit from advanced technology and a thorough and dedicated franchisee training and support program.
In terms of training, you will go through a multi-week session at headquarters in San Antonio, Texas and another few months in a core development program. These weekly training calls focus on implementing operational practices to help your business. Ongoing support may include individually-tailored marketing support, technology support, and software for accounting and client management.
What Might Make a Caring Senior Service Franchise a Good Choice?
To be part of the Caring Senior Service team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare for the existence of ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
Caring Senior Service has partnered with third-party financial lenders that may offer assistance covering the costs of the startup, equipment, inventory, and payroll.
How To Open a Caring Senior Service Franchise
Suppose you're from corporate America with middle to senior management experience in any field, plus a passion for making a positive difference in real people's lives. In that case, a Caring Senior Service franchise could be right for you. You don't need experience in senior care, but you do need to be resilient, motivated, and trustworthy.
Also, consider that you will have to hire caregivers, come up with solutions with clients, and be available 24/7. You are in the business of caring and will have to oversee everything that entails, from physician visits to home safety surveys.
You probably won't have to do much research when it comes to available territories. Thanks to the system's semi-absentee ownership option, the company's national territory availability may give you the freedom to decide where to open and manage your franchise. This means you won't be tied down to one opportunity. There's plenty of room to develop your strategy, whether you decide to open one or more locations with Caring Senior Service.
If you like what you see and the franchisor agrees, then you could be well on your way to opening up the newest Caring Senior Service franchise.
Company Overview
About Caring Senior Service
- Industry
- Personal-Care Businesses
- Related Categories
- Senior Care
- Founded
- 1991
- Leadership
- Jeffrey Salter, Founder & CEO
Franchising Overview
- Franchising Since
- 2002 (20 years)
- # of employees at HQ
- 28
- Where seeking
-
This company is seeking new franchisees throughout the US.
- # of Units
- 57 (as of 2022)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Caring Senior Service franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $45,000
- Initial Investment
- $110,000 - $170,000
- Net Worth Requirement
- $250,000
- Cash Requirement
- $150,000
- Veteran Incentives
- 20% off first-unit franchise fee
- Royalty Fee
- 5%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Caring Senior Service has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 68 hours
- Classroom Training
- 34 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 2-3
- Are exclusive territories available?
- Yes
Work with our free FranCoach and get what you need to start a Caring Senior Service franchise.
Franchise 500 Ranking History
Compare where Caring Senior Service landed on this year’s Franchise 500 Ranking versus previous years.
Want to stay updated on the latest franchise news?
Never miss a beat when you sign up to receive our newsletter.
We care about the protection of your data. Read our Privacy Policy
Related Franchises
Are you eager to see what else is out there? Browse more franchises that are similar to Caring Senior Service.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
Are You an Ideal Franchisee? Here's How to Find Out.
How does your personality compare? Do you like following rules or making the rules?
Buying a Franchise? Make Sure the Marketing Process Is Worth It
Make sure the franchise you buy, and their marketing system, are worthy of your time and investment.
Secure a B2B Company of Your Own With a Business Services Franchise
There are many ways to own a business that helps other businesses thrive.
Is a Home-Based Business Right for You? Ask Yourself These 5 Questions First
The lifestyle that comes with a home-based franchise may seem carefree, but it's not for everyone. Here are five questions to ask yourself to see if this type of business is for you.
5 Trends Shaping the Future of Franchise Local Marketing Right Now
Explore how franchise local marketing is changing to serve local customers better.
Picking a Winning Emerging Brand Is How You Get Rich in Franchising. Here's How to Spot One.
The key to generating wealth through franchising is to invest in an emerging brand. Here are 5 ways to help ensure you pick a winner.