Seniors Helping Seniors

Seniors Helping Seniors

Nonmedical home care
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$93K - $143K
Units as of 2022
116 3.6% over 3 years

Company Overview

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.

About Seniors Helping Seniors

Founded
1998
Leadership
Namrata Yocom-Jan, President

Franchising Overview

Franchising Since
2006 (16 years)
# of employees at HQ
11
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
116 (as of 2022)

Franchisor Information

Corporate Address
50 Grandview Blvd.
Wyomissing Hills, PA 19609

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Seniors Helping Seniors 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
$55,000
Initial Investment
$92,515 - $142,890
Net Worth Requirement
$250,000
Cash Requirement
$100,000
Veteran Incentives
$2,500 off franchise fee for first territory
Royalty Fee
5-6%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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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
Seniors Helping Seniors has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs

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
10-20 hours
Classroom Training
32-64 hours
Additional Training
Annual convention
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Marketing Planning & Support
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1-2
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where Seniors Helping Seniors landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021