Five Senior Care Franchises with Veteran Discounts for 2022
In our veteran's blog series, we're sharing the best franchise opportunities for veterans. Previously, we highlighted Three Moving and Junk Removal Franchises That Offer Veteran Franchising Discounts for 2022. Today, we’ll take a look at five senior care franchises with veteran discounts and promising growth for 2022.
According to Grand View Research, the global in-home healthcare market size was valued at US$299 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 7.88 percent through 2028. The key drivers of this market’s growth are expected to be the growing senior population’s increasing need for care for age-related health issues, combined with the soaring prices of assisted living care. These costs are driving many seniors and their families to choose in-home care as a more affordable option to moving to a senior care facility.
Check out these five senior care franchises ready to assist your loved ones in 2022:
FirstLight Home Care
Founded and franchising since 2010, FirstLight Home Care has grown to 230 locations. FirstLight Home Care’s mission is to deliver exceptional, compassionate care provided by extraordinary people so seniors may age with comfort, dignity and independence in their own homes. Recognized for its success with rankings among Entrepreneur Magazine’s Top 500 Franchises, Forbes’ Best Franchises to Buy and Franchise Business Review’s Top 200 Franchises, FirstLight offers $13,400 off the initial franchise fee for honorably discharged U.S. Veterans. Startup costs to open a FirstLight Home Care franchise begin at $113,000. To learn more about purchasing a franchise with FirstLight Home Care, click here.
Home Helpers Home Care
Founded in 1997, Home Helpers Home Care has grown to 315 units. Home Helpers has been recognized for its quality and senior service by being listed on Entrepreneur’s Franchise 500, receiving a Top Franchisee Satisfaction Award from Franchise Business Review, and being a Best of Home Care Endorsed National Provider. Home Helpers Home Care is proud to offer a $5,000 discount to military personnel and veterans who qualify. Startup costs to begin franchising with a Home Helpers Home Care begin at $49,000. To learn more about franchises for sale with Home Helpers Home Care, click here.
Home Instead
Founded in 1994, Home Instead has grown to over 1,100 locations across the US, Canada, and the world. The franchise provides part-time, full-time and live-in nonmedical service for the elderly that in the form of assistance, supervision, light housework and companionship. Ranked 242nd on the Franchise 500 in 2021, Home Instead offers a 20% discount on its initial franchise fee for veterans. Startup costs to open a Home Instead franchise begin at $69,000. To learn more about a franchise opportunity with Home Instead, click here.
In Home Personal Services
Founded in 2004 and franchising since 2012, In Home Personal Services has grown to nine private home care service locations. In Home Personal Services offers $10,000 off its franchise fee for veterans and extends this rate to spouses of service members as well. Startup costs to operate an In Home Personal Services franchise begin at $33,000. To learn more about available franchises with In Home Personal Services, click here.
Right At Home, Inc.
Founded in 1995 and franchising since 2000, Right at Home, Inc. has grown to 663 locations. The franchise’s business model focuses on franchisee-developed custom care plans for its senior clients, and places a strong focus on caregiver compatibility. In 2021, Entrepreneur ranked Right at Home 214th on its Franchise 500. Right At Home offers offering 25% off its initial franchise fee to qualified veterans. Startup costs to open a Right At Home, Inc. location begin at $82,000. To learn more about a franchise opportunity with Right At Home, Inc. click here.
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