Senior Helpers vs The Haven Family Care Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Senior Helpers vs The Haven Family Care including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Senior Helpers Franchise
The Haven Family Care Franchise
Investment $109,300 - $179,750N/A
Franchise Fee $49,500$15,000
Royalty Fee 5%-
Advertising Fee 1%-
Year Founded 2001-
Year Franchised 2005-
Term Of Agreement 15 years-
Term Of Agreement 15 years-
Renewal Fee --

Business Experience Requirements

Senior Helpers Franchise
The Haven Family Care Franchise
  • Industry experience
  • General business experience
  • Marketing skills
  • Staffing or temp placement skills
  • -

    Financing Options

    Senior Helpers Franchise
    The Haven Family Care Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support

    Senior Helpers Franchise
    The Haven Family Care Franchise
    Training On-The-Job Training: 50 hours Classroom Training: 69 hours Additional Training: Additional on-site training; computer-based training

    At The Haven headquarters in Raleigh, North Carolina we train you on everything you'll need to build a solid foundation in the business. Additionally, we give you extensive ongoing training in your own location on effective and precise operational procedures. Most importantly, our senior staff will personally stand by your side to assist you in implementing our proven method for regional business development through networking, PR, local advertising campaigns and direct interaction with business owners and management groups in your area. The result; we will teach you all the skills you need to build a strong regional presence for your assisted living franchising business!

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

    Professional, personal relationship management skills necessary to achieve your goals in building your senior care business. Our support services will provide you with years of accumulated knowledge and expertise through the following individualized support elements: Regional target customer referral identification Senior staff onsite support Direct business development assistance � broker relationships Corporate Website Management SEO for Regional Toll-free technical support Networking with strategic partners and management team members Professional management software Operations manuals Technical data and forms PR and Publicity

    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing-
    Operations Absentee Ownership Allowed Number of Employees Required to Run: 3-

    Expansion Plans

    Senior Helpers Franchise
    The Haven Family Care Franchise
    US Expansion YesNo
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Senior Helpers

    Be more than a professional caregiver Join Senior Helpers and help seniors and their families enjoy life to the fullest! Would you like a rewarding and gratifying job as a caregiver where you can make a difference in someone's life? We are currently looking for caring, kind, dependable and personable individuals who desire to provide non-medical, in-home care to the elderly. Tasks include:
    * Companionship and conversation
    * Meal preparation and planning
    * Light housekeeping
    * General assistance
    * Personal care assistance (bathing, dressing & grooming)
    Contact us today to join our team

    The estimated total initial investment necessary to begin operation of a Senior Helpers Home Care Business ranges from $109,300 to $150,800.
    This includes an initial fee of $49,500 that you must pay to the franchisor.
    If you are purchasing a Senior Helpers Franchised Business from an existing franchisee, other than the purchase consideration, the estimated initial investment ranges from $33,700 to $179,750.
    Veteran Incentives  15% off franchise fee
    #249 in Franchise 500 for 2020.
    #135 in Franchise 500 for 2021.

    About The Haven Family Care

    The Haven has an impressive potential ROI for a franchise owner. With low overhead, a low start-up cost for a business and applicability in just about any market, the concept is financially sound. A franchise owner after five years in business is projected to do $323,960 in revenue with EBITDA of $65,949 in addition to an operator salary of $56,275. These numbers are extremely impressive in the franchise marketplace and will help make The Haven brand much more marketable and sustainable. We of course will not be guaranteeing any success or levels of profitability, but with a large margin for error, a franchisee can be much less effective than we have projected and still have a successful business. 20 percent ROI plus manager's salary - The rule in the franchise industry is that the business model should be able to do at least a 20% ROI by the end of the second year in business. The Haven model easily allows for this standard with EBITDA in year two at $55,894 and 46% ROI on cash for a franchisee by the end of the second year. Financially speaking, this model is as solid and attractive of an offer as you can find in the franchise marketplace. Operationally sound - The Haven model is operationally structured to be efficient and simple in nature allowing for ease of duplication in new markets. The corporate location of The Haven will be used as a goal and ideal example of what this franchise can become. With good management and the guidance of The Haven's franchise program, a franchisee can strive to build an organization as well-managed and structured as the business in Raleigh, NC. Adaptable nationally - The Haven model is certainly adaptable nationally, the concept is almost indiscriminant of the market it is located in. In all markets, the concept has been very successful and proven the sturdiness of The Haven concept. In most parts of the U.S., the population of seniors is increasing as well as the number of disabled people who need home care services. This is a booming market that with good marketing and motivated franchisees could work just about anywhere it seems. Public acceptance - The American public wants to be at home when they need extra care. The idea of going to a nursing home or assisted living facility is generally looked down upon. The key will be for The Haven to continue to provide professional, high-quality service with a focus on truly providing great care to the Residents. That will continue to build brand equity and value for The Haven throughout the franchise system.