Seniors Helping Seniors Franchise FDD, Profits & Costs (2025)

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 $90,000 – $143,000 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.

Type of ExpenditureAmount
Franchise Fee$50,000
Training Fee$5,000
Real Estate/Rent$0 – $2,800
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 – $4,000
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 – $5,000
Legal & Accounting$1,500 – $3,500
Salaries$0 – $12,000
Licensing Consulting$0 – $5,300
Additional Funds (3 months)$5,000 – $10,700
TOTAL$89,715 – $142,890

Average Revenue (AUV)

How much revenue can you make with a Seniors Helping Seniors franchise? A Seniors Helping Seniors franchised location makes on average $1,069,000 in revenue (AUV) per year.

Here is the extract from the Franchise Disclosure Document:

Seniors Helping Seniors fdd item 19    extract

This compares to $784,000 yearly revenue for similar in-home care franchises. Below are a few Seniors Helping Seniors competitors as a comparison:

Seniors Helping Seniors franchise competitors

Seniors Helping Seniors Franchise Disclosure Document

Frequently Asked Questions

How many Seniors Helping Seniors locations are there?

As of the latest data, Seniors Helping Seniors has a total of 144 locations. This includes 142 franchised units and 2 company-owned units.

What is the total investment required to open a Seniors Helping Seniors franchise?

The total investment required to open a Seniors Helping Seniors franchise ranges from $90,000 to $143,000.

What are the ongoing fees for a Seniors Helping Seniors franchise?

Seniors Helping Seniors® franchisees pay a royalty fee of 6% on gross sales up to $400,000 and 5% on sales above that, with a minimum monthly royalty of $350 to $900 based on time in operation.

They also contribute up to 1% of gross sales to a regional advertising fund. There is currently no national brand fund fee, but it may be implemented at up to 1% of gross sales.

What are the financial requirements to become a Seniors Helping Seniors franchisee?

To qualify as a Seniors Helping Seniors® franchisee, candidates should have a minimum net worth of $250,000 and at least $100,000 in liquid assets.

How much can a Seniors Helping Seniors franchise owner expect to earn?

The average gross sales for a Seniors Helping Seniors franchise are approximately $1.07 million per location. Assuming a 15% operating profit margin, $1.07 million yearly revenue can result in $161,000 EBITDA annually.

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.

Disclaimer

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