Seniors Helping Seniors Franchise

Are you passionate about making a difference in the lives of seniors? Seniors Helping Seniors offers a unique franchise opportunity that combines compassion with a sound business model. Established in 1998 by Kiran and Philip Yocom, the company has been offering companionship, nonmedical home care, and home maintenance services to seniors, all provided by other seniors.

Why Choose Seniors Helping Seniors?

• Proven Leadership: Founded by Kiran Yocom, who worked with Mother Teresa for 14 years, and her husband Philip Yocom.
• Compassion-Driven Mission: Focuses on improving the quality of life for seniors by providing care through peers who understand their specific needs.
• Established History: Franchising since 2006 with a growing number of units across the U.S. and worldwide.

Initial Investment & Financial Requirements

• Initial Franchise Fee: $50,000
• Total Initial Investment: $92,515 - $142,890
• Net Worth Requirement: $250,000
• Cash Requirement: $100,000

Ongoing Fees

• Royalty Fee: 5-6%
• Ad Royalty Fee: 1%

Veteran Incentives

• $2,500 off first-territory franchise fee
• $3,500 off for 2 territories
• $4,500 off for 3+ territories

Franchise Term & Renewal

The length of the initial franchise term is 10 years, and it is renewable. Detailed terms and conditions can be found in the Franchise Disclosure Document (FDD).

Financing Options

Seniors Helping Seniors has relationships with third-party financial sources to assist with financing the franchise fee and startup costs. This makes it easier to manage the financial aspects of starting your own franchise.

Training & Support

• On-The-Job Training: 10-20 hours
• Classroom Training: 32-64 hours
• Ongoing Support: Newsletter, Meetings & Conventions, Grand Opening assistance, Online Support, Security & Safety Procedures

Marketing Support

• Co-op Advertising
• Ad Templates
• National Media
• Regional Advertising
• Social Media
• SEO and Website Development
• Email Marketing

Operations

• Absentee Ownership: Not allowed
• Run from Home: Yes
• Part-time Ownership: No
• Number of Employees to Run: 1-2
• Exclusive Territories Available: Yes

Key Takeaways

• Seniors Helping Seniors offers a compassionate franchise opportunity with a strong business model.
• Requires an initial investment of $92,515 - $142,890.
• Includes comprehensive training and ongoing support.
• Exclusive territories and growth potential available.

If you're ready to explore the rewarding opportunity of owning a Seniors Helping Seniors franchise, fill out the free information request form or download the franchise disclosure document today!