Seniors Helping Seniors is a distinctive in-home care franchise that connects older adults in need of support with active seniors who provide compassionate, non-medical assistance. This innovative approach fosters a unique bond built on shared life experiences and empathy.
The concept was introduced in 1998 by founders Kiran and Philip Yocom in Reading, Pennsylvania, and the franchise system was launched in 2006. Today, the company’s headquarters is based in Leesport, Pennsylvania.
Services offered by the franchise include companionship, personal care, meal preparation, light housekeeping, transportation, and help with everyday activities.
By employing fellow seniors as caregivers, the business ensures a deep level of understanding and emotional connection. This peer-based caregiving model sets Seniors Helping Seniors apart in the home care industry, emphasizing relationships rooted in mutual respect and experience.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Seniors Helping Seniors offers 2 types of franchises:
We are summarizing below the main costs associated with opening a Seniors Helping Seniors under Executive Model. For more information on costs required to start a Seniors Helping Seniors franchise, refer to the Franchise Disclosure Document (Item 7).
?
?
?
?
?
Below are some of
Seniors Helping Seniors
key competitors in the
In-home care
sector.
180
$55,000
$95,000
$172,000
n.a.
$1,010,000
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
?
?
?
?
?
?
A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
Been waiting for years for this. All the most important franchises and their latest Franchise Documents to download. The team also updates the franchises very quickly.
Seniors Helping Seniors offers a well-structured training program designed to prepare franchisees for the successful operation of their business. This training is delivered through both classroom instruction and on-the-job experiences, covering all essential aspects of running the franchise.
Seniors Helping Seniors provides its franchisees with a defined and exclusive territory in which to operate their business.
The franchisee is granted this territory with a minimum population of 250,000 people, and the franchisor agrees not to operate or license another Seniors Helping Seniors business within this area, provided the franchisee remains in compliance with all terms of the franchise agreement.
This includes meeting monthly minimum gross sales targets, which, if unmet, may allow the franchisor to reduce the territory size or revoke exclusivity. The exclusivity is strictly enforced in terms of client solicitation. Franchisees are not allowed to solicit clients outside of their designated territory without prior written approval from the franchisor.
?
?
?
?