Senior Care

Overview

101 Mobility is a leading provider of mobility and accessibility solutions in North America. Established in 2008 and franchising since 2010, 101 Mobility offers a range of products such as stair lifts, wheelchair ramps, elevators, and scooters. The franchise's core market includes senior citizens, individuals with disabilities, and businesses or hospitals required by law to provide accessibility solutions. It operates in over 110 territories across the U.S. and Canada, serving more than 70,000 customers.

History

101 Mobility started with a mission to offer reliable, high-quality mobility solutions, distinguishing itself from smaller, less consistent competitors in a fragmented industry. In just over a decade, it has grown significantly, expanding to over 80 franchise locations by 2020. The company continues to position itself as a trusted provider, particularly for seniors seeking to "age in place".

Investment Breakdown

The initial franchise fee for a 101 Mobility franchise is $136,000, with total investment costs ranging from $136,000 to $259,000. Qualified veterans can benefit from a $5,000 discount on the franchise fee. Franchisees benefit from multiple revenue streams, including product sales, rentals, and installation services. 101 Mobility provides comprehensive training and marketing support to franchise owners.

Industry Snapshot

101 Mobility operates within the broader senior care and home improvement sectors, capitalizing on the growing demand for aging-in-place solutions. The aging baby boomer generation represents a massive market for mobility and accessibility products, driving strong demand. 101 Mobility distinguishes itself by offering reliable, professional solutions in a market dominated by smaller "mom and pop" businesses and online retailers.

Overview

1Heart Caregiver Services is a senior care franchise specializing in providing compassionate, non-medical in-home care. The company offers a range of services tailored to elderly individuals, including assistance with daily living activities such as personal hygiene, meal preparation, transportation, and companionship. The company was founded in 2003 by Belina Calderon-Nernberg in Beverly Hills, California, and began franchising in 2015. Today, the franchise has expanded to more than 20 territories across the U.S.

History

1Heart Caregiver Services was created out of a personal need, as the founder experienced difficulties finding quality care for her aging mother. Recognizing a gap in the senior care market, Calderon-Nernberg set out to develop a system that ensures compassionate and professional care for seniors. The franchise focuses on non-medical services, particularly catering to clients with Alzheimer’s, dementia, or those recovering from surgery.

Investment Breakdown

To open a 1Heart Caregiver Services franchise, the initial investment ranges from $91,305 to $133,440, including a franchise fee of $47,500. This investment covers various costs such as leasehold improvements, licenses, office equipment, marketing, and three months of operational expenses. A 5% royalty fee is also required on gross revenues. The estimated payback period for the franchise is around 8 years, which aligns with industry standards for senior care services.

Industry Snapshot

The senior care industry has experienced rapid growth as the aging population continues to rise. With more families seeking reliable in-home care options, franchises like 1Heart Caregiver Services have been able to capitalize on this demand. As a non-medical care provider, 1Heart fills a niche in a broader senior care industry that encompasses both medical and non-medical services.

Overview:

2nd Family is a senior care franchise providing in-home care for the elderly. The company aims to offer personalized, compassionate care services with a model rooted in the founders' personal experience with caregiving. Founded in 2011, 2nd Family began franchising in 2018. Their approach, highlighted by their "Grandma Guarantee," promises high quality, empathetic caregivers who they would trust with their own loved ones.

History:

2nd Family was co-founded by cousins Chad Tracey and Joshua Markland after they struggled to find quality in-home care for their grandmother, who had Alzheimer's. Their frustration with inconsistent care inspired them to develop their own caregiving model. The duo refined their operational systems and began franchising to scale their business nationally.

Investment Breakdown:

● Franchise Fee: $52,500
● Total Investment: $100,305 – $176,299
● Liquid Capital Required: $250,000
● Net Worth Requirement: $450,000
● Royalty Fees: 5% of gross revenue
● Veteran Discount: Available through the VetFran program

Industry Snapshot:

2nd Family operates in the rapidly growing in-home care industry, valued at approximately $89 billion. With an aging population, the demand for senior care services is expected to continue rising. The franchise's focus on providing a personal and compassionate approach differentiates it from competitors

Provide supplemental non-medical and companion care to clients within their homes and to clients who are in assisted living or nursing facilities

Overview

A Place at Home (APAH) is a franchise specializing in senior-focused care services, including in-home care, care coordination, senior living alternatives, and staffing solutions. The brand is built on the philosophy of "We are CARE" (Compassionate, Accountable, Respectful, Ethical) and aims to provide a comprehensive, multi- revenue stream approach to the senior care industry.

History

Founded in Omaha, Nebraska, A Place at Home began franchising in 2017. Since then, it has grown steadily, offering a recession-resistant business model that appeals to those passionate about helping the senior community. The franchise provides extensive support to its franchisees, ensuring they can successfully manage and grow their businesses.

Investment Breakdown

The total initial investment required to start an A Place at Home franchise ranges from $84,000 to $149,000. This includes the franchise fee, which can vary based on the location and other factors. The franchise offers a 10% discount on the initial franchise fee for qualified veterans, making it an attractive option for those with military backgrounds.

Industry Snapshot

The senior care industry is booming, driven by an aging population that increasingly requires in-home care services. A Place at Home operates within this growing market, offering a unique value proposition through its comprehensive services and strong support network. The industry is expected to continue its growth trajectory, making it a promising sector for new and existing franchisees.

Non-medical in-home personal care, supplemental staffing services

Nonmedical home care

In-home care

Non-medical in person care for seniors, placement services

Home care and assisted-living placement

Provide non-medical home care services to adults of all ages in need of lifestyle support

Senior-care referrals and senior-living placement

In-home care

Homes providing assisted living and / or personal care

A healthcare franchise that assists elderly with skilled in-home care

Senior living home communities

Medical + non-medical home care, medical staffing

In-home care and assistance

Senior living placement, referral & consulting

In-home care for Seniors

Senior relocation, downsizing, and estate sales

In-home meal preparation service for seniors

In-home caregiving services

In-home senior care

Home health care

Nonmedical home care, staffing, assisted-living placement

Non-medical home care

In-home caregiving services

Offers franchises for the operation of a business that provides companion care and non-medical geriatric care advocacy for elderly clients.

Home care, hospice care, medical staffing, non-emergency medical transportation

Senior care, home care and skilled care services

Nonmedical senior care

In-home caregiving services

In-home caregiving services

Provide non-medical daily living assistance services targeted primarily to senior citizens.

Medical and nonmedical home care, medical staffing

Overview

Legato Living is a franchise model focused on providing residential care for individuals with moderate to advanced dementia. The franchise emphasizes small, home-like settings that offer personalized care, contrasting with larger institutional facilities. The business model combines the care aspect with real estate investment, providing a dual revenue stream for franchisees.

History

Legato Living was founded by Erin Render and later partnered with Jared Evanich and Dustin Distefano, the founders of A Place at Home, an in-home care agency. The partnership allowed Legato Living to expand through franchising, leveraging the expertise of A Place at Home to establish a successful franchise model.

Investment Breakdown

The initial investment required to start a Legato Living franchise is relatively accessible, with a minimum investment of $50,000. The franchise offers third- party financing assistance and provides comprehensive training to franchisees. The business can be operated from a home-based setting, making it a flexible option for many entrepreneurs (Franchise Direct).

Industry Snapshot

The demand for dementia care is rising sharply, driven by an aging population and increasing prevalence of conditions like Alzheimer's. The U.S. assisted living facility market was valued at $91.8 billion in 2022, with a projected growth rate of 5.5% annually until 2030. This creates a favorable environment for businesses like Legato Living, which focus on specialized care within the broader senior care market.

Residential assisted living

Mobility equipment repairs, rentals, sales, white glove delivery, and sanitization

Sell, rent, install and service stair lifts, scooters, ramps, vertical lifts, scooter lifts and other mobility-related products

In-home care

Senior-living placement

Senior care

In-home care services to families

Senior care placement advisory services

https://www.qualicarefranchise.com/

Offers hands-on personal care, non-medical care, in-home care assistance, and companionship care services

Non-medical, in-home personal assistance, such as in-home personal care and companionship, child care, meal preparation, medication reminders, medical and social appointment scheduling and management, organizational and bill paying assistance, housecleaning services and light home maintenance to seniors, the convalescing, disabled persons and others who need help with daily living activities.

Home care agency providing companion services to the elderly + disabled

Adult day care

Senior-care consulting and placement

In-home care

A publication and advertising directory that provides seniors, caregivers, and senior professionals with a source of services, senior housing options, resources

Nonmedical home care

Senior care and placement services

A business offering transportation services to seniors and other individuals with disabilities, mobility and cognitive challenges who may also use a wheelchair, scooter or mobility device

Home care services for seniors, people living with medical issues or disabilities,

In-home care

24-hour, senior in-home care and support services