Senior Care Franchise Opportunities
The U.S. population is growing larger – and older – with each passing year. With about 10,000 Baby Boomers retiring every day in the United States, the demand for quality senior care will only increase in the years ahead. In fact, the senior care industry already generates $400 billion annually and saves seniors an estimated $25 billion each year. Senior care franchises, not surprisingly, have grown to become a key pillar of elderly care in the United States.
Senior care franchises encompass more than just caregiving to elderly citizens. They also include mobility product design and installation to aid senior citizens in getting around, non-medical assistance, in-home care, relocation, downsizing services, and more. Often senior care and home services intertwine, as they complete many of the same tasks and duties. Many senior service franchises are beginning to expand their businesses to cover a broader span of services in order to give customers and clients more options.
The senior care franchise industry generated revenue of $400 billion in year 2019
10,000 Baby Boomers retire every day in the U.S, so the demand for senior care facilities is skyrocketing
Because home caregivers save seniors an estimated $25 billion every year, the demand for senior caregivers is at an all-time high
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