Best Senior Care Franchises: What Makes Always Best Care Stand Out
Senior care is a booming industry. Every day, 10,000 baby boomers turn 65 years old. Forbes projects that the majority of the 67 million Americans over the age of 60 are currently in need of or will need senior care. With the industry already at substantial size – and projected to grow even larger in the coming years – the market is primed for passionate entrepreneurs to build a business they can feel good about.
Looking for the best senior care franchises to invest in? Learn more about Always Best Care’s franchise opportunity, and why our brand may be your next best portfolio addition.
OUR BRAND HAS A DIVERSE OFFERING
Our Continuum of Care business model allows us to be there for our clients at every life stage. Our franchise locations offer many services like in-home care, assisted living referrals, home health care, veterans care, and special services. The senior population wants to age in place. At Always Best Care, we recognize this desire, and meet the need by providing a full range of services to give our clients a care plan that truly works for them. By offering multiple types of care, our franchisees are able to build multiple revenue streams, allowing them to capitalize on their investment while helping seniors when they need it most.
Plus, assisted living facilities are growing in popularity. According to Grand View Research, the U.S. assisted living facility market was worth an impressive $87.4 billion in 2021. Industry experts, however, predict that the market will increase in value at a compound annual growth rate (CAGR) of 5.48% from now through 2030. At Always Best Care, one of our many services our franchisees offer is assisted living referral. While we understand the importance of seniors wanting to age at home, we also want, more than anything, for our seniors to be safe and well-cared for. Should the time come that a client’s loved one needs to move to an assisted living facility, we have the resources to do everything we can to find the right one for them.
WE OFFER AN AFFORDABLE OPPORTUNITY
When researching the best senior care franchises, cost is an important factor. However, the benefit of starting a senior home care franchise is that all of the services are performed in the client’s home. This makes senior care businesses more affordable since there isn’t a need for a big space.
At Always Best Care, our investment costs range between $74,750 and $125,400. This includes our $49,900 franchise fee – all of which goes toward our team of industry experts helping you get your business off the ground. Our franchise does offer discount opportunities to eligible franchise candidates. As proud members of both MinorityFran and VetFran, qualified franchisees will receive 5% off of their franchise fee.
Always Best Care franchise candidates should have a net worth of $200,000 and $100,000 in liquid assets. Franchise agreements are renewable after their original 10-year term. Franchisees can expect to pay a 6% royalty fee and a 2% ad royalty fee over the course of their agreement with Always Best Care.
ALWAYS BEST CARE: ONE OF THE BEST SENIOR CARE FRANCHISES TO OWN
Our brand was founded in 1996 and started franchising 10 years later. We now have over 200 locations across the country with ample room to grow within the U.S. and Canada. For almost two decades we’ve grown to be one of the most trusted providers of home care in the industry. As the best home care franchise in the market, we’ve been recognized by a number of reputable publications like Franchise Times, Franchise Gator, and Franchise Direct.
To get started with Always Best Care, download our free e-book, and one of our representatives will be in touch about our franchise opportunity.