Options for Senior America

Our mission is to provide respect, compassion and empowerment to seniors by supporting their dignity

Introduction & Background

You have navigated to this page because you are considering owning a homecare franchise, possibly an Options franchise, or you are simply curious about the world of franchising. One of the documents you may want to refer to is A Consumer Guide to Buying a Franchise. This 24-page document, which has been published by the Federal Trade Commission (FTC), is an easy read and offers a lot of good information regarding franchising.

The World is Changing, Take Control of Your Future

The home care market for the elderly continues to grow rapidly with the advent of the baby boomers reaching retirement age. In the United States, there were approximately 41 million individuals in 2010 who are 65 and older. Today, 10,000 people are being added to that number each day! By 2030, that number will surpass 70 million at which time one out of five people could be a potential client for a home care franchise. Home care services are offered to an ever-growing market of seniors, making the home care market unaffected by changing economies. Only a few franchising organizations have capitalized on these rapidly growing opportunities.

The demand for senior home care is expanding quickly, especially as baby boomers reach retirement age. In 2010, there were around 41 million Americans aged 65 and older. That number is growing by approximately 10,000 people each day. By 2030, the senior population is expected to exceed 70 million, meaning that one in five Americans could be in need of home care services. This steady growth makes the home care industry resilient to economic shifts, as the need for senior support remains constant. Despite these promising trends, only a limited number of franchise companies have effectively tapped into this booming market.

Investment Range

$85,800 - $110,400

Industry

Senior Care

Available Locations

AL, AK, AZ, AR, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY

Financials
Business Overview
Franchise Since	2005
# of employees at HQ	7
# of Units	14

Financial Requirements
Investment Range	$85,800 - $110,400
Net Worth Requirement	300000
Cash Requirement	100000
Royalty Fee	4.75%
Ad Royalty Fee	0.5%
Term of Agreement	10 Years
Is franchise term renewable?	Yes
Veteran discounts

Why Choose NFA

NFA is a membership organization for franchisors, franchise advisors, multi-unit/concept franchise owners, and vendor/supplier members. Membership in NFA is FREE!

We Help Our Members:

Become experts through our Certified Franchise Advisor™ (CFA) Program
Match their dreams with franchise and service offerings at NationalFranchiseAlliance.com
Create wealth through the franchise industry.