FRANCHISE OF THE WEEK

Seniors Helping Seniors

Fast Facts

Background

• HQ: Wyomissing Hills, PA
• Founded in 1998, franchising since 2006
• Seniors Helping Seniors is a franchise that specializes in nonmedical homecare.
  

Location Trends

Franchise Fees

• Royalty: 6%
• Brand Fund: 1% 
• Franchise Fee: $50,000

Financial Overview

• The below table discloses information on 76 franchise units that were open and operating for the 12-month period beginning January 1, 2022 through December 31, 2022.

The Wolf’s Take 🍟

Let’s talk about Seniors Helping Seniors, the franchise that proves you can make money while making a real difference. 

With a $50K franchise fee and 6% royalty, it’s a leaner investment than most homecare brands, but here’s what sets it apart: They hire seniors to care for seniors. Genius, right?  

The companionship aspect is touching, but you’re also tapping into a $200B+ aging-in-place market with a model that’s scalable. 

Plus, their Entrepreneur Magazine ranking isn’t just fluff (ranked as one of the fastest-growing franchises)—they’ve got 200 locations worldwide and a meaningful mission that resonates.  

Bottom line? If you want a franchise with purpose and profit, this is a great option.

Resources

• Seniors Helping Seniors Franchise Website
• Passion Meets Purpose for Seniors Helping Seniors President

SMB TWEET OF THE WEEK

Building Relationships – Joshua Pi’Rwot

This tweet from Joshua Pi’Rwot reminded me of a quote that I think about often:

“The worst time to build a relationship is when you need it.”

This is as true for the customer base you serve as it is the partners and investors you may come across as you scale.