t he g olD en age of s enio R c a R e fR anchises

Get Your Hands on Hands-on care

Schedule flexibility with recurring monthly revenue sounds like a dream come true for any business owner. In-house senior care franchises can give you just that. These concepts can vary in the exact types of services they offer, but, for the most part, will offer 24/7 in-home care.

Mercy Works, a franchise based out of Kentucky, also offers specialized dementia and Alzheimer care, plus overnight services. Franchisees gain RMR thanks to their membership plans. All services are non-medical, making overhead lower with high margin services.

There are few things in life that are certain, but one thing is for sure — not one of us is getting any younger. more than 1 in 6 Americans are aged 65 years or older, over 17%, and that number is continuing to climb.

Around 80.8 million Americans will hit senior status by 2040, with all of the Baby Boomer generation hitting that golden 65 number by 2030. The U.S. is growing grayer than ever thanks to increased access to healthcare, medical advancements, and an overall increase in life expectancy to just over 77 years old.

For franchising, senior care is a hot market that benefits everyone. As the numbers indicate, there is a huge, growing need for hands-on care, patient advocacy, better living options, general living assistance, and transition services. Lucky for us, there are several different senior-centric franchises out there to invest in.

the Power of a Home

A growing trend in the U.S. are homelike environments that allow senior adults to live within a neighborhood and in community with other residents without the staleness or negative connotation of a nursing home. Why take the services to a senior individual when you can bring them to you?

chris conner has worked in the franchise development industry for almost 20 years and helped over 600 brands franchise their brand and develop franchise distribution channels. he founded Franchise Marketing Systems in 2009, which now includes a team of 27 franchise consultants based in and Canada and supports brands around the world to grow and scale through franchise expansion. visit www.fmsfranchise.com for more information

Avendelle Assisted Living, an all-inclusive, customized senior living experience that was first launched in 2005, curates residential properties and turns them into multi-resident homes, complete with 24/7 staff and care. Places like this have an attractive profit potential due to less employee turnover and long-term clientele. As an added element to this type of franchise, buyers are building a robust real estate portfolio simultaneously.

Geriatric care management services

What goes on behind the scenes of the life of a senior adult, especially one with ongoing health issues and multiple medical visits, can be very overwhelming. Enter

— Geriatric Care Management. One of the companies leading the charge in this field is Premier RN Geriatric Care® This franchise provides its clients with advocacy during medical visits, support for socialization, distant family care, insurance policy review, relocation assistance, and other related services. Not only does this business work great on its own, but it can be an add-on to many other senior-focused businesses.

Making Life Easier And Safer

Around 84% of senior adults are wanting to age in place; adding a few upgrades to keep life easier and safer is key. There are various franchises out there that give their clients products to choose from to customize the house for a better fit. The Oakley Home Access Franchise is one such franchise that has a huge product line and service selection that will aid its clients in maintaining their independence and staying in their homes as long as possible. They offer full bathroom remodels, home modifications, wheelchair ramps, elevators, stairlifts, patient lifts, and other custom installations. This is a simple-to-operate model that can be operated from home and scales easily.

Investing in a senior care franchise can be extremely profitable, but this industry also has a wonderful element of positivity. These companies are investing in the mental, physical, and emotional care of their clientele, aiding the generations before us in tangible, life-changing ways. All of the aforementioned franchises will continue to grow in demand and franchise buyers can feel good about helping others.

If you are looking for a senior care business of your own, Franchise Marketing Systems can help. Our team has helped over 700 businesses franchise and has helped connect hundreds of eager entrepreneurs with a business that is right for them.

Start the conversation by visiting us at www.fmsfranchise.com, emailing us at info@franchisemarketingsystems.com, or giving us a call at 800.610.0292.