The 10 Best Senior Care Franchise Businesses in Canada for 2024
Senior Care Franchises in Canada are constantly and consistently expanding. The market is saturated with leaders that are keeping their strong positions. If you have a look at the list of the best Senior Care franchises in 2022, you may see the same brand names with a minor rotation in the ranking.
The need for care services is forecasted to grow over the next 25 years. Being a country with a rapidly growing population of seniors, Canada creates a huge demand for quality senior care franchises. What are the best senior care franchises to own in Canada for 2022? The most promising businesses operating in the field offer high level of professional care to elderly, dedication to what they do, and a terrific opportunity for people with business acumen. If you feel like running a successful business by helping people who need care, here's a list of top 10 senior care franchise opportunities available right now.
Here is the top 10 senior care franchises to own in Canada
| № | Name of Brand | Founded | Initial investment |
|---|---|---|---|
| 1 | Homewatch CareGivers | 1976 | from $91,000 |
| 2 | Premier Homecare Franchising Inc. | 2003 | from $46,100 |
| 3 | Nurse Next Door Home Healthcare Services | 2001 | from $105,000 |
| 4 | For Seniors Only | 1996 | from $43,000 |
| 5 | Silver Cross | 1993 | from $136,000 |
| 6 | Senior Homecare by Angels | 1998 | from $35,420 |
| 7 | Right at Home | 1995 | from $82,000 |
| 8 | Comfort Keepers | 1998 | from $91,000 |
| 9 | Living Assistance Services | 2000 | from $75,000 CAD |
| 10 | Qualicare | 2001 | from $95,000 |
Homewatch CareGivers
Founded in: 1976
Franchising since: 1996
Franchise units: 215
Initial investment: from $91,000
Franchise Fee: $49,500
Royalty Fees: 5%
Since 1980, Homewatch CareGivers has been a premier provider of home care services, making a positive change in the lives of all those we serve. Through our home care franchise opportunities, entrepreneurs just like you have found a rewarding path to financial security and success by providing seniors and others in need of care with the assistance they need each day. As a franchise owner, you will grow a business that delivers professional in-home care to the elderly, people living with developmental or physical conditions, individuals recovering from surgery, and those living with dementia or Alzheimer’s.
Premier Homecare Franchising Inc.
Founded in: 2003
Franchising since: 2007
Franchise units: 12
Initial investment: from $46,100
Franchise Fee: $30,000
Royalty Fees: 5%
Premier Homecare Services is a Canadian owned and operated company in one of the fastest growing and most rewarding industries today. With baby boomers nearing retirement the senior care market is expected to experience tremendous growth. An exceptional opportunity for entrepreneurs to give back to their communities through providing quality, non-medical care while building a great business and a prosperous future. Join our growing team of 'Premier' franchisees who make a difference everyday.
Nurse Next Door Home Healthcare Services
Founded in: 2001
Franchising since: 2007
Franchise units: 163
Initial investment: from $105,000
Franchise Fee: $55,000
Royalty Fees: 5%
Seniors make up nearly 13 percent of the Canadian population and this rapidly growing group has important care needs! Nurse Next Door is currently looking for Franchise Partners who are interested in building a Nurse Next Door franchise into your area’s largest home healthcare provider. Our Franchise Partners are self-driven and motivated to build a self-sustaining operation. No healthcare experience is necessary. The franchise is looking for individuals dedicated to changing how seniors are cared for in their home.
For Seniors Only
Founded in: 1996
Franchising since: 2008
Franchise units: 1
Initial investment: from $43,000
Franchise Fee: $28,000
Royalty Fees: 5%
For Seniors Only is focused on delivering consistent home care to assist seniors to live independently in their own home. Consistency in the quality of care and consistency in caregivers in your home are key to fostering a positive relationship with our seniors and their families. We specialize in assisting with personal care, meal planning, medication reminders and respite care. These are just a few of the many services we offer.
Silver Cross
Founded in: 1993
Franchising since: 19
Initial investment: from $136,000
Franchise Fee: $45,000
Royalty Fees: 5%
Silver Cross franchisees operate a healthcare franchise business that sells, installs and maintains accessibility and mobility equipment for residential applications. We provide our franchisees with support in establishing and growing a dynamic business. Silver Cross provides its franchisees with comprehensive training before, during and after the launch of your business.
Senior Homecare by Angels
Founded in: 1998
Franchising since: 2007
Franchise units: 9
Initial investment: from $35,420
Franchise Fee: $25,950
Senior Homecare by Angels is a system of non-restorative senior homecare offices giving Senior Homecare to help elderly grown-ups keep on living in their homes all through Canada. Senior Homecare by Angels is looking for business visionaries who are inspired to possess their own organizations, thus a great deal more. What do we mean? The Senior Homecare by Angels establishment opportunity offers significantly more than only a business. Our franchisees look after individuals!
Right at Home
Founded in: 1995
Franchising since: 2000
Franchise units: 643
Initial investment: from $82,000
Franchise Fee: $49,500
Royalty Fees: 5%
Right at Home is a home health care company with a focus on wellness for seniors and those in need of assistance. Our strategic franchise model is a terrific opportunity for someone who has business acumen and drive to operate a healthcare franchise. You don’t need previous business ownership or home care industry experience. With Right at Home, you will leverage your passion for serving others with our highly acclaimed training and support to create a business that makes a remarkable impact on your local community.
Comfort Keepers
Founded in: 1998
Franchising since: 1999
Franchise units: 699
Initial investment: from $91,000
Franchise Fee: $50,000
Royalty Fees: 5%
Join the leaders in a booming industry! Comfort Keepers provides non-medical in-home care for the elderly and others who need assistance with the activities of daily living. Our franchisees come from many walks of life, but they all have in common a passion for helping people retain their dignity and independence. We have become one of the fastest-growing global franchises in our industry. We offer comprehensive classroom and experiential training in Canada, which covers all aspects of running a Comfort Keepers franchise.
Living Assistance Services
Founded in: 2000
Franchising since: 2000
Franchise units: 5
Initial investment: from $75,000 CAD
Franchise Fee: $49,000 CAD
Royalty Fees: 2.9% - 4.8%
Living Assistance Services is seeking motivated entrepreneurs to run their own home care business anywhere in Canada. We provide much-needed care for Canada’s rapidly growing population of seniors, allowing them to remain where they most want to be. Founded in 2000, LAS has the depth of experience to help ensure your financial success. Living Assistance Services – Business Opportunity. Make It Your Business! The demand for home care services will significantly grow over the next 25 years.
Qualicare
Founded in: 2001
Franchising since: 2011
Franchise units: 51
Initial investment: from $95,000
Franchise Fee: $49,700
Royalty Fees: 5%
Qualicare is proudly Canadian senior care franchise, revolutionizing the home health care industry! Clients recognize our 360° Approach as the highest level of homecare service, helping us achieve client satisfaction levels that are in our industry’s highest percentile while allowing a diverse service and revenue model for our franchise owners. Training begins as soon as you become one of our Franchise Partners, and it never really stops.
Conclusion
To summarize, we can say any of the listed above senior care franchises is worth buying. But there is a lot to consider while choosing the best one for you. Pay attention to the reputation of the brand, what training and support are offered, check if the other franchisees are successful. But the main thing you need to do is to align your budget with investment requirements of the brand. In order to ease the challenge, we have made the comparison flowchart of the best senior care franchises in Canada for you. It shows the minimum estimated initial investment and initial franchise fee of each brand. By using it, you can figure out the difference in financial requirements for each franchise, and decide which one fits you the most.
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