The Seniors’ Answer, based in Miami, FL, is offering to sell its first franchise for only $15,000, a discount of $5,000. In addition, royalty fees are held flat for the first two years starting at $100/month. Ultimately the fee rises to 5% of gross.
Founded by a Harvard MBA with experience in franchising, Corrine Markey sold franchises for The Entrepreneur’s Source and The Maids. When she recognized the ever-increasing need among seniors for services, she created The Seniors’ Answer three years ago.
The franchise provides senior services, not homecare. “We go from soup to nuts, says Markey. “If the family needs homecare, we bring it in . . . if the senior’s physician dies, we get another physician. We are concierges . . . “
Markey decided to franchise just eight months into starting her business. She explains, “the need is so great . . . it’s a huge market . . . in this country if you have a need and fill the need that’s the American Dream.”
Because it’s not homecare the market is wide open for this franchise. Markey says franchisees should be good at multi-tasking.
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This post was written by John Hayes