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Practically all of us will deal with aging loved ones who will need senior and/or home care services. THRIVE In-Home Services + HomeCare Advocacy Network (THRIVE + HCAN) is a forward-thinking company in the franchised senior care category and is redefining expectations for that market sector, especially in Canada.
According to the Canadian government, more than 6.5 million Canadians are aged 65 years or older, which is approximately 16 per cent of Canada’s population, and by 2030 that number is expected to increase to more than 9.5 million, approximately 23 per cent of Canada’s expected population.
A significant percentage of these Canadian seniors will likely need in-home care services, also known as aging-in-place services. Additionally, as they grow older, they may need assisted living or nursing home care services. Seniors and their families often find it difficult, frustrating, and time-consuming to deal with the multiple entities that provide the different types of needed care.
“The team is highly experienced, and the franchise business model is impressive”
Bob Sonntag is a Canadian entrepreneur and investor who personally experienced these difficulties and frustrations because he was the primary caretaker to his terminally-ill wife for seven years in Cochrane, a town in Alberta, Canada. Last year Bob learned about THRIVE + HCAN franchise opportunities and made a significant investment in the company. “I understand these challenges in a real way,” Bob said. “It made sense for me to support a business that solves these problems in a smart and practical manner. The team is highly experienced, and the franchise business model is impressive.”
THRIVE + HCAN is unique because its franchisees provide direct, in-home care services and simultaneously its franchise services can be embedded into assisted living and/or nursing home facilities. This flexibility provides a continuum of care that is optimized for the benefit of seniors, their families, and their caregivers and facilities. THRIVE + HCAN focuses on individual seniors and their caregivers because that relationship becomes one of the most significant in senior patients’ lives.
The THRIVE + HCAN business is based on five values: Elevating the privilege of caregiving; treating each other with dignity and respect; pursuing the genuine success of others; embracing innovation; and prioritizing relationships over tasks.
The company’s goal is to be the foremost provider of meaningful and results-oriented in-home care for seniors and their loved ones. The company is seeking qualified area developers throughout Canada.
AT A GLANCE
Number of locations: 1
Investment range: C$150,000 - C$300,000
Franchise fee: C$75,000
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