Top 250 Franchise by Entrepreneur-Rank no.139-Seniors Helping Seniors-USA
Products & Services: Nonmedical in-home senior care
Number of Locations: 231
Total Investment: $86.77K – 123.88K
Began Franchising: 2006
About Seniors Helping Seniors
Kiran Yocom, who worked with Mother Teresa for 14 years before moving to the U.S. from India, teamed with husband Philip Yocom to start Seniors Helping Seniors in 1998. The company, which began franchising in 2006, offers companionship, nonmedical home care and home maintenance services to seniors who need help to stay in their homes– all provided by other seniors, rather than younger caretakers.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $40,000
Liquid Cash Available: $40,000
Franchise can be run from home. 25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 – 2. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
How This Franchise Supports Franchisees
Franchise Ranking History
Who is Seniors Helping Seniors?
Seniors Helping Seniors in-home services matches seniors who want to provide help with seniors who are looking for help. We started in 1998 with a simple concept that seniors can help each other age better and that those who give and those who receive benefit equally. As an innovative, intra-generational companion service that functions exclusively with and for seniors, we provide:
- An experienced and credible resource for older adults who want to stay in their own homes
- Full-range of home care, companion and home maintenance support services from seniors who enjoy helping
- Reasonable hourly rates for seniors who want services and reasonable hourly wages to seniors who provide them
Who We Are
Seniors Helping Seniors in-home services was co-founded by Kiran and Philip Yocom created from Kiran Yocom’s personal mission to care for those who are unable to care for themselves. Before coming to the United States from India, Kiran worked with Mother Teresa for 14 years. Currently, Kiran serves as our organization’s Chairwoman, and Philip as the President/CEO of our organization.
How we’ve grown
Since 1998, we have grown from our first match to working with hundreds of helpers and clients. We’ve continued to grow geographically. We continue to expand the training for our helpers. And we’ve added services in response to the needs of our clients.
We are continuing to grow and actively seeking Seniors Helping Seniors franchise partners throughout the country.
“What’s important is that we bring respect, understanding and caring to each other — that we bring the best part of ourselves to each relationship
At Seniors Helping Seniors Services, we start with understanding who you are and what you need to make life easier.
Our loving, caring, compassionate seniors are here to help in the home and to provide companionship. Whether it’s mowing the lawn, shoveling the snow, taking you shopping, going to the movies or the doctor, cleaning, cooking or even just changing the light bulb. Whether it’s for a couple of hours, a day, or even overnight.
Our providers come from many walks of life. Many of them have come from the helping professions as nurses, teachers, and aides. Many are also transitioning in their work from careers in the military, law, and even accounting. Regardless of the career path they had before, all of our providers come with a big heart and a desire to serve the other. They know that helping out another person is the way to add meaning and fulfillment to their own lives.
Through careful interviewing and background checks we insure that every provider meets the Seniors Helping Seniors standards. And we work diligently to match those who need help with providers they will be comfortable with.
Whatever your needs, having a loving, caring, and dedicated companion by your side can make all the difference in the world. Our non-medical home services include:
— Kiran Yocom
Seniors Helping Seniors
©2013 Seniors Helping Seniors®