Options For Senior America

You Have Options! Are you searching for a meaningful career that impacts the lives of others? Do you want to leave the corporate world and own a business that puts you in control of your life? Consider our franchise in your area today! It's the perfect opportunity to find satisfaction and fulfillment in a growing industry that is both financially and professionally rewarding.

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Options For Senior America

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Options For Senior America Franchise Cost and Requirements for 2022

Background

Introduction

Consumer GuideYou have navigated to this page because you are considering owning a homecare franchise, possibly an Options franchise, or you are simply curious about the world of franchising. One of the documents you may want to refer to is A Consumer Guide to Buying a Franchise. This 24-page document, which has been published by the Federal Trade Commission (FTC), is an easy read and offers a lot of good information regarding franchising.

Background

The home care market for the elderly continues to grow rapidly with the advent of the baby boomers reaching retirement age. In the United States, there were approximately 41 million individuals in 2010 who are 65 and older, with 6,800 being added to that number each day! By 2030, that number will surpass 70 million at which time one out of five people could be a potential client for a home care franchise. Home care services are offered to an ever-growing market of seniors, making the home care market unaffected by changing economies.

Only a few franchising organizations have capitalized on these rapidly growing opportunities. The franchising opportunity is a very attractive proposition for entrepreneurs who have always wanted to be their own boss. Such opportunities become even more attractive during economic hardships when people start searching for sustainable sources of income. We at Options have recognized the potential in providing home care services for the elderly. We are seeking individuals who share our mission to provide excellent and compassionate care. With an uncompromising sense of dedication and compassion, Options franchises bring added comfort to senior care recipients and provide them with an affordable solution while satisfying their preference to remain at home.

Support from the Franchisor

Options For Senior America Franchising Company offers an extensive training program that spans over a period of 5 business days. The new franchisee will receive this training in the corporate head office in Bethesda, MD from staff members who have been in this industry and with Options for 20 years.

Options trained staff are available everyday to answer your questions. In addition to marketing materials including artwork, print-ready advertisements, marketing tools, and logos, the franchisee takes advantage of an entire and proven system of software that has been customized and developed specifically for Options. This software is comprised of a comprehensive database system that tracks clients, care recipients, care providers, referral sources including social workers, discharge planners, and institutions who are involved in elder home care. Additionally, an Operations Manual comprised of a detailed set of policies and procedures is provided to each Franchisee to make sure that their operation is run and managed in the most efficient way possible.

Company Details

Established: 1989
First Unit Franchised: 2005
Franchised Units: 13
Company Owned Units: 10
States Registered In: We accept leads in all States except California.
Canada Franchises: Yes
International Franchises: Yes

Support and Training Offered By Options For Senior America

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Recruiting Assistance: Yes
Training: Very extensive training for 1 week (40 hours) at corporate office in Gaithersburg, MD for up to 2 people/franchise.
Additional pre-opening training of 20 hours.

2022 Franchise Requirements Needed to Own a Options For Senior America Franchise.

What does a Options For Senior America Franchise Cost?

Options For Senior America franchise fees for 2022:

Cash Investment: $86,000-$110,000
Total Investment: $86,000-$110,000
Franchise Fee: $47,500 for 1st unit, $37,500 for 2nd unit, $30,000 for 3rd or more units.
Royalty: 4.75%
Average Number of Employees: 8 at corporate
Passive Ownership: Semi passive may be considered after 1-2 years
Home Based: No
B2B: No
Master Franchise Opportunities: Yes

Is Options For Senior America a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Options For Senior America is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Options For Senior America a Home Based franchise?

No. Options For Senior America is not a home based franchise opportunity.

What Do Options For Senior America Franchise Owners Make?

Click here to find out how much Options For Senior America franchisees make. Options For Senior America offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Options For Senior America a Master Franchise Opportunity?

Yes. Options For Senior America is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.

Does Options For Senior America Offer a Veteran Discount?

Yes. Options For Senior America franchise does offer a veteran discount.

Does Options For Senior America Work with E2 Visa and EB-5 Visa Candidates?

Yes. Options For Senior America franchise does work with E2 Visa and EB-5 Visa candidates.

Is Options For Senior America Looking for Franchisees in Canada?

Yes. Options For Senior America franchise is looking for Canada franchisees.

Is Options For Senior America Looking for International franchisees?

Yes. Options For Senior America franchise is looking for International franchisees.

Additional Information

Additional Categories

Senior Care, Non Food Franchises

Number of Units Open

20-50 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

Yes

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

Yes

E2 Visa Franchise

Yes

Options For Senior America Franchises for Sale

Click Here to inquire about existing Options For Senior America franchises for sale. We may have Options For Senior America franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.