Seniors Helping Seniors Franchise FDD, Profits & Costs
Seniors Helping Seniors® is an in-home care franchise that uniquely matches active seniors as caregivers with other seniors who require assistance, fostering mutually beneficial relationships.
Founded in 1998 by Kiran and Philip Yocom in Reading, Pennsylvania, the company began franchising in 2006. Its headquarters are located in Leesport, Pennsylvania.
The franchise offers a range of non-medical services, including companionship, personal care, light housekeeping, meal preparation, transportation, and assistance with daily activities. By employing seniors as caregivers, the organization provides empathetic support from individuals who intimately understand the aging process.
This peer-to-peer model distinguishes Seniors Helping Seniors® from other in-home care providers, as it emphasizes shared experiences and understanding between caregiver and client.
Initial Investment
How much does it cost to start a Seniors Helping Seniors franchise? It costs on average between $95,000 – $172,000 to start a Seniors Helping Seniors franchised center.
This includes costs for office setup, caregiver recruitment, marketing, and initial operating expenses. The exact amount depends on various factors, including the size of the service area, local demand for senior care, and whether the franchisee chooses to lease or purchase office space. Seniors Helping Seniors offers 2 types of franchises:
| Type of Expenditure | Amount |
|---|---|
| Seniors Helping Seniors franchise under Traditional Model | $94,715 – $154,590 |
| Seniors Helping Seniors franchise under Executive Model | $109,715 – $171,790 |
We are summarizing below the main costs associated with opening a Seniors Helping Seniors under Executive Model. For more information on costs required to start a Seniors Helping Seniors franchise, refer to the Franchise Disclosure Document (Item 7).
| Type of Expenditure | Amount |
|---|---|
| Franchise Fee | $55,000 |
| Training Fee | $5,000 |
| Real Estate/Rent | $0 – $4,000 |
| Utility Deposits | $0 – $300 |
| Leasehold Improvements | $0 – $2,000 |
| Furniture, Fixtures & Improvements | $0 – $10,000 |
| Insurance | $2,000 – $5,000 |
| Signage | $75 – $750 |
| Office Equipment & Supplies | $2,500 – $5,000 |
| Grand Opening Advertising (3 months) | $20,000 |
| Software | $1,980 – $2,150 |
| Career Apparel | $460 – $890 |
| Travel Training Expenses | $0 – $3,500 |
| Licenses & Permits | $1,200 – $7,000 |
| Legal & Accounting | $1,500 – $3,500 |
| Salaries | $15,000 – $30,000 |
| Licensing Consulting | $0 – $7,000 |
| Additional Funds (3 months) | $5,000 – $10,700 |
| TOTAL | $109,715 – $171,790 |
Seniors Helping Seniors Franchise Disclosure Document
Frequently Asked Questions
What funding options are available for a Seniors Helping Seniors franchise?
Most franchise buyers in Seniors Helping Seniorss investment range finance through an SBA 7(a) loan. See SharpSheets financial model hub for guidance.
How long does it take to pay back a Seniors Helping Seniors franchise investment?
Payback periods typically run 3-7 years depending on investment level, location performance, and financing structure.
Who owns Seniors Helping Seniors?
Seniors Helping Seniors® is owned by its co-founders, Kiran and Philip Yocom. Kiran, who worked with Mother Teresa for 14 years before moving to the U.S. from India, teamed with her husband Philip to start the company in 1998.
SharpSheets Editorial Team | Last Updated: July 2026
Disclaimer
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Research Seniors Helping Seniors franchise data: For the full FDD cost breakdown, investment tables, and Item 19 disclosures, visit FranchisePayback.com → Seniors Helping Seniors FDD Review.
