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Options For Senior America

Senior care

Investment

$85,800

Initial Franchise Fee

$47,500

Units

24

Growth Rate

+60.0%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Personal-Care Businesses
Founded 1990
Franchising Since 2005
Parent Company Options For Senior America Franchising Co.
Leadership Ramzi Rihani, CEO
# of Employees at HQ 7

Units and Growth Chart

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About Options For Senior America

Options For Senior America was founded in 1990 and began franchising in 2005. The founders held the belief that senior citizens should have access to quality home care.

More and more elderly individuals are choosing to remain in their homes instead of going to a care facility. This is creating the need for caretakers who will visit clients in their homes. Options For Senior America strives to offer clients caretakers who will meet their needs in a personable and caring way.

Options for Senior America has opened several locations across the United States and is seeking to expand its reach even further.

Why You May Want To Start an Options For Senior America Franchise

Franchisees with Options for Senior America do not need to have experience in the homecare industry. While experience in the industry may be helpful, the company provides comprehensive training to all Options For Senior America franchisees.

The ideal franchisee should be hardworking, personable, and caring. Since franchisees and employees will constantly be interacting with clients, they need to be compassionate. Options For Senior America franchisees typically have good networking skills, business ethics, and customer service skills. Franchisees need to be able to follow the business model.

What Might Make an Options For Senior America Franchise a Good Choice?

Options For Senior America offers franchisees exclusive territories This typically gives franchisees a good area to develop their business. Franchisees may offer services outside their territory if there are no local Options For Senior America franchising in that area.

Options For Senior America offers franchisees incentives during the first two months of operation. These incentives are meant to help with startup costs.

To be part of the Options For Senior America team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How to Open an Options For Senior America Franchise

Before signing any agreements with Options For Senior America, it's always a good idea to thoroughly research the company and the local competition. Additionally, you may want to prepare questions to ask the franchising team as part of your due diligence process. Franchisees usually go to the Options For Senior America corporate office in Gaithersburg, Maryland, meet with the team, see the tools and systems they'll be using, and see how a franchise is operated. 

If awarded a franchise, Options For Senior America franchisees will also participate in a multi-day training program. Franchisees will receive marketing support through materials such as artwork, print-ready advertisements, logos, and more. They receive access to software that helps track clients, care recipients, care providers, and referral sources. Additional software helps franchisees track employee hours and pay.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate Options for Senior America franchise.

Investment Details

Initial Franchise Fee $47,500
Initial Investment $85,800 - $110,400
Net Worth Requirement $300,000
Cash Requirement
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Royalty Fee
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Ad Royalty Fee
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Technology Fee
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Term of Agreement
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Is Franchise Term Renewable?
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Financing
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Veterans Incentive
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Available Territories

Franchising opportunities available in the following regions

International

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Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
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Classroom Training
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Ongoing Support

Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

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Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
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Can this franchise be run from home/mobile unit?
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Can this franchise be run part time?
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# of employees required to run
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Are exclusive territories available?
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Ranking History

Options For Senior America performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022