Did you know? A staggering 10,000 people in the USA turn
65 years old EVERY DAY!
Let me repeat that: EVERY DAY IN THE US 10,000 PEOPLE TURN 65!
There are many far-reaching implications from this massive demographic group. The one I’ll focus on today is the economic powerhouse the 65-plus customer base presents.
As a franchise wealth advisor, I am frequently asked by savvy people if there are businesses that cater to this demographic. Absolutely is the answer.
This is seen across many franchise brands which target this customer base in a variety of ways from
Residential Cleaning Services
Home Improvement Services
Moving Services
Fitness Concepts (Stretching, the latest trend!)
In-Home Senior Care (Both Medical and Non-Medical)
Estate Sales
Medical Devices like Hearing Aids and Eyeglasses
A special thanks to my guest on last week’s #FranchiseMinute podcast.
Sarah Van Aken with Seniors Helping Seniors!
Thanks, Sarah, for sharing this amazing factoid about the aging population.
If you're interested in owning a business related to this economically vigorous demographic, message me on LinkedIn.