The national senior placement organization has seen exponential revenue growth from 2020 to 2021.
CarePatrol has laid plans to open multiple new locations across New Jersey to facilitate the exponential growth seen in 2020 and 2021. The brand saw 133 per cent revenue growth between April 2020 and April 2021, underlining the need to expand.
“By 2030, the over-60 population in New Jersey is projected to number 2.5 million and represent a quarter of the state’s population,” said Becky Bongiovanni, certified senior advisor and brand president of CarePatrol.
“This wave of seniors (the “silver tsunami”) is creating an increased demand for senior living communities and CarePatrol’s guidance and services for these families are needed now more than ever.
“Despite the setbacks we experienced during the pandemic, we see the silver lining. As a brand, we have experienced two all-time record-breaking months.
“Our work never stops, as families and their loved ones will need our help in the years to come. Our franchisees positively impact the lives of those we work with because we love what we do.”
CarePatrol’s team works with families free of charge to find their elderly family members suitable assisted and independent living accommodation as well as assessing for in-home care.
Founded in 1993, CarePatrol is the U.S.’s largest senior placement organization, with 150 offices in 35 states. The brand began franchising in 2009 and is now a part of the Best Life Brands umbrella.