8/10

Franchimp Summary Rating

9 /10
Lower than 14% of peers

Franchise Summary

Description
Seniors Helping Seniors, LLC offers franchises that provide non-medical personal services such as companion care, home assistance, transportation, shopping, homemaking, home assistance and maintenance, personal care, alzheimer’s/dementia care (memory care), transportation, shopping and errands, repair services; and medical andhome health services including skilled nursing, medication management, health monitoring, wound care, catheter management, injections and blood draws, occupational therapy, and rehabilitation therapy (collectively, the "Services"). We also offer area development rights to franchisees to develop and operate additional Seniors Helping Seniors Businesses within specific geographic areas.
Company Background
Seniors Helping Seniors is a non-profit organization with the mission of providing services to Senior Citizens. We provide care for those who can no longer take care of themselves and those who are unable to afford such services on their own.
Franchise Opportunity
The population of seniors is growing and with it the need for non-medical personal services. As our population ages, the demand for non-medical personal services will continue to grow. This can be seen in both the number of people over 65 years of age and the growth of the home health care industry. Seniors Helping Seniors was founded to meet this need. We provide quality, affordable, non-medical personal services to senior citizens living in their own homes or in assisted living facilities.
Corporate Structure
SENIORS HELPING SENIORS, LLC was organized in the State of Delaware on November 29,2005 for the sole purpose of offering SENIORS HELPING SENIORS franchises. Their principal business address is 50 Grandview Boulevard, Wyomissing Hills,PA 19609. They have offered franchises for SENIORS HELPING SENIORS Businesses since February 15, 2006.
Royalties and Marketing Fees

Royalties : 5.0% - 6.0% of revenue

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Health & Fitness Industry

$727,253 / unit

Franchise Type: Standard

Average Revenue During 2022

$727,253
$318,363
Industry Low
$1,449,936
Industry High

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Seniors Helping Seniors Franchisees

Seniors Helping Seniors Franchise System Development in 2022

FAQ

How much investment do I need to start my own Seniors Helping Seniors business?
Franchisees typically require at least $89 to $142 investment to get their Seniors Helping Seniors business started
What are the initial franchise fees for Seniors Helping Seniors?
Franchisees typically need to pay at least $55 in fees directly to Seniors Helping Seniors in order to earn the right to launch their business
How much money can I make with a Seniors Helping Seniors franchise? What are the average revenues for a typical Seniors Helping Seniors business?
We estimate that the average revenue of an individual Seniors Helping Seniors unit is approximately $727,253. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Seniors Helping Seniors unit? What is my contractual commitment?
Seniors Helping Seniors franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

9 /10
The Franchisor's investment costs ranges from $89,715 to $142,890 which is Much Lower than the $0 to $0 average in the Health & Fitness industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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