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Promoted Opportunities

Senior Helpers
#200

Initial Investment

LOW: $81,300
HIGH: $117,300

Change in Units

+3.3% +9 UNITS (1 Year)
+0.7% +2 UNITS (3 Years)

Company Profile

Founded

2001

Franchising Since

2005 (12 Years)

Corporate Address

1966 Greenspring Dr., #507 Timonium, MD 21093

CEO

Peter Ross

About Senior Helpers

Senior Helpers was founded in 2001 to offer professional in-home care services, and began franchising in 2005. 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.

Financials

Financial Requirements

Initial Investment

$81,300 - $117,300

Net-worth Requirement

$350,000

Liquid Cash Requirement

$100,000

Ongoing Fees

Initial Franchise Fee

$44,500

Ongoing Royalty Fee

5%

Ad Royalty Fee

1%

Financing Options

Senior Helpers offers in-house financing to cover the following: franchise fee

Senior Helpers has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


15% off franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 5 days

Training at headquarters: 10 days

Additional Training: Additional on-site training; computer-based training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Absentee Ownership Allowed

Number of employees required to run: 3

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 7th, 2016

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