Discover how an assisted living franchise stacks up against an in-home senior care business like CareBuilders at Home. Compare opportunities to learn which is the right investment for you.

What is an Assisted Living Franchise?

Assisted living franchises are dedicated to providing housing, care, and services to seniors who need help with daily living activities. The staff within an assisted living facility will help seniors with tasks such as bathing, dressing, meal preparation, medication management, and light housekeeping. Many facilities also offer social activities, communal dining, and other amenities to enhance residents’ quality of life.

Unlike nursing homes, assisted living franchises allow residents to have more autonomy. Seniors in assisted living facilities are often independent in many areas, but require support with some of the physical or cognitive challenges that appear with aging. Assisted living is ideal for seniors who want to age gracefully in a more supportive and structured environment than what they would have while living at home.

Pros and Cons of Assisted Living Franchises

As you research various investment opportunities within the senior care space, it’s important to understand the advantages and disadvantages of owning an assisted living facility.

 Pros: 

  • Steady income with some costs being covered by long-term insurance or Medicaid 
  • Opportunity for higher profit margins and expansion  
  • Ability to provide care for multiple people within a community-based setting 

 

Cons: 

  • High initial investment costs 
  • Ongoing maintenance and upkeep required 
  • Difficult regulations and licensing requirements 

Why Choose In-Home Care with CareBuilders at Home?

As a compassionate entrepreneur looking to help others, an elderly care franchise is a great opportunity. However, if high investment costs, licensing requirements, and other regulations are deterring you from investing in an assisted living opportunity, why not consider an in-home senior care franchise instead?

CareBuilders at Home offers an affordable franchise opportunity with startup costs ranging from $115,200 to $168,800, including our initial franchise fee of $49,500. Interested franchise candidates should have a net worth of $250,000 and at least $150,000 in liquid capital to qualify for a CareBuilders at Home franchise. Plus, we make startup easy with our one-of-a-kind back-office support. Our team will provide payroll, insurance, and tax assistance. Additionally, we handle all billing and collections for our franchise partners.

At CareBuilders at Home, we offer comprehensive benefits to ensure our caregivers feel valued, while also supporting our franchisees in their recruitment efforts. That’s why all our caregivers are offered medical, dental, and vision insurance, 401k accounts, tuition reimbursement, life and accident insurance, and flexible schedules.

We also offer senior placement services as a valuable resource to your clients and an additional revenue stream for your business. Work with families as an advisor to match their loved ones with suitable facilities in your community and earn commission directly from the facilities.

To learn more about our senior care franchise opportunities, request information today. Once we receive your inquiry, a team member will be in touch.