Senior Care Authority

Category: Senior Care: Medical/Non-medical

Concept Description

Join a brand in the senior services industry.

If you’re reading this, chances are you’re interested in making an important contribution to your community as a business owner — but not just any business owner. You’d like to be one who offers valuable services that benefit older adults and their loved ones. It’s an important responsibility. When you join the Senior Care Authority family of franchise owners, you’ll become a trusted and respected resource for seniors and their families when they need your guidance the most.

We’re a brand focused on senior placement and eldercare consulting.

Our franchisees recognize our commitment to supporting their success.

Franchisees have expressed positive feedback.

Ours Is a Much-Needed Service That Meets a Growing Need

As the Baby Boomer population ages, society is on the cusp of facing the needs of an unprecedented number of seniors. The majority of people over 65 will need care at some point in their life. For many of them and their families, the process of finding that care can be overwhelming and stressful.

Consider these facts:

The number of Americans age 65 and older will more than double over the next 20 years, reaching 80 million in 2040
The number of adults age 85 and older (the group most often needing help with basic personal care) will nearly quadruple by 2040
Approximately 70% of individuals over age 65 will require at least some type of long-term care service during their lifetime
Older Americans are living longer. In 1960, men who turned 62 could expect to live another 15 years. By 2040, they will likely live for another 22 years. For 62-year-old women, the gain in remaining life expectancy between 1960 and 2040 will be four years

We offer a business model with scalable elements and a turnkey marketing system.

Unit Option

Single, Multiple, Area Representative/Master Developer

Background

FDD Franchised Units: 106

Corporate Owned Units: 4

Projected New Units: 40

Year Established: 2009

First Year Franchised: 2014

Type of Business: Franchise

Hours of Operation: Regular Business Hours

Number of Employees: Small (1-5)

History:

Frank M. Samson founded Senior Care Authority and The Aging Boomers Radio and Podcast Show. Before founding his own company, he worked in franchise consulting and the travel industry for over three decades, franchising a company with over 200 franchises prior to selling the company in 1999 which currently operates successfully today.

Frank’s passion for senior care comes from personally experiencing the challenges that families face today. After several years of researching the healthcare industry, he began Senior Care Authority to provide elder care consulting and senior placement. Senior Care Authority (SeniorCareAuthority.com) began by servicing and assisting families initially in Northern California. The company began franchising its program in late 2014 and now assists families around the country through its network of local, professional placement agencies and eldercare advisors.

His expertise in senior care has given Frank the opportunity to write a regular blog and host a radio show podcast called The Boomers Today, which also appears on iTunes, iHeart Radio, and local radio stations, and is available as a free app on iPhone and Android phones. He also authored a book also called The Aging Boomers: Answers to Critical Questions for You, Your Parents, and Loved Ones.

Frank founded the Coalition of Responsible Senior Placement Agencies (CRSPA) and is a member of the Section on AgingChapters and Senior Roundtable groups in Northern California. He is a Certified Senior Advisor, and a member of the Society of Certified Senior Advisors, and an Honorary Faculty Member at Michigan State University.

Availability

Not Available

Available

Focus

Territories: United States

Financials

Liquidity: $85,255

*Investment Range: $85,255 - $108,725

**Average Investment: $150,000
Provided by the Franchisor

Minimum Net Worth: $100,001 to $250,000

6 Month Cash: $50,001

Franchise Fee: $52,500

Royalty: 8%

Royalty Description: 8% of Gross Sales (subject to monthly minimums per Marketing Area)

Advertising: $10,000 minimum local marketing spend in first year of operation

Ramp-Up: 10 to 12 months

Passive Ownership: Passive Ownership NOT Allowed
Passive Ownership means the owner is working 15 hours or less per week in the business.

Available Discounts

Veterans

Discount Description: No royalty minimum year one

Training, Support and Assistance

Co-Operative Advertising: N/A

Site Selection Assistance: N/A

Lease Negotiation Assistance: N/A

Length of Training: 6-8 weeks

Training Description:

Training and Education Program

Initial Training

Includes a series of online training tutorials including videos and documentation with a step-by-step process which you will access through our online Learning Management System (LMS). Our trainers have extensive experience in the senior care industry including nursing, geriatric care, assisted living, in-home care, dementia consultants, elder law, financial planning, social media, insurance, technology, and more. These professionals provide instruction on the specific areas they work in each day.

One-on-One Coaching

Combined with the initial training, experts provide one-on-one coaching sessions through audio and video conferencing on a myriad of subject matters that would be specific to your particular market. These sessions will also place additional emphasis on particular subjects discussed in the initial training and prepare you for your industry meetings (online and face-to-face) to get your business moving forward.

Field Training

The first time you visit assisted living locations as a Senior Care Authority franchise owner in your market, a member of our corporate team will be with you. We will assist you in vetting senior living locations along with building key referral sources.

Mentoring

As a supplement to the training, coaching, and field training provided by the corporate team, and for a specified period of time, each new franchise owner is teamed up with an experienced, franchise owner mentor for guidance in time management, building referral sources, and helping get your business off to a faster start.

Operations Manuals

You will receive complete and comprehensive documentation that accurately describes the operating procedures for the Senior Care Authority business model. These documents are proprietary and are only available to Senior Care Authority franchisees.

Support and Ongoing Relationship

As a Senior Care Authority franchise owner, you will have complete support and guidance in every element of operating your business. This will be handled through weekly conference calls, webinars, daily support, and onsite visits from the corporate management team.