Buying a franchise in aged care? Here’s what Home Instead Senior Care is up to
Investing in a franchise in the aged care sector makes sense for anyone wanting to make a difference to others, and build a viable business.
As Senior Helpers points out, the age group 85 and older is now the fastest growing segment of the Australian population.
Services at Senior Helpers include 24 hour care, care management, Alzheimer's and dementia care, companionship, home help, palliative care, respite care, transition care and transport.
Care givers are providing all manner of support to ensure a senior citizen can stay at home, even if they suffer from life-limiting diseases or chronic illness.
Home Instead Senior Care has been providing services since 1994, and that means the franchise business has developed extensive training programs to ensure the highest quality of care.
And because the business is an internationally established business with more than 900 independently owned and operated franchises around the globe, there is support at all levels for franchisees.
Each franchise is a protected, exclusive territory based on the demographics of the area and will require about 50sqm of office space from which to operate the business.
The estimated investment costs including GST and a franchise fee of $54,000, are between $75,000 and $85,000, depending on location and whether the business is new or existing. This figure does not include working capital.
Once signed up to the franchise, new franchisees undergo extensive training – not just in a classroom setting but through on-site visits and digital learning programs.
There will be business and technical support on hand, and of course marketing, advertising and pr guidance.
- Find out more about buying a franchise with Home Instead Senior Care