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What is the best business to take advantage of the demographic of the aging baby boomers?

I am looking to buy or start a business to take advantage of the demographics of the aging baby boomers and senior population. I have the capital. Any suggestions?

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Answers (6)
Mrs Jane Gavin

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3 hours ago
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The BAF Group LLC
MD

Mr. Jeasy (below) is apparently a slammer. Please ignore his posts

Oct 22, 2016
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Seniors are retired. Retired Seniors have plenty of disposable $$ and now they want to enjoy. Mostly they like to travel, socialize and dine out. If you know the right area, put in a casual deli and diner. They love comfort food, a nice atmosphere and being with others in their situation. Try us for a deli and/or diner. It's hard work, but good rewards and fun. Plus in the right area it is an excellent investment that will grow. And you can do this anywhere there are people. We doesn't like to eat great food? Also, have 2 possible locations in Florida under a different name that may be available together or separate.

Nov 8, 2009
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The BAF Group LLC
MD

Agreeing with both of the past writers, I would add Assisted Living - BUT ONLY WHERE THE AREA YOU WISH TO SERVE IS NOT ALREADY SATURATED!

We do a lot of health oriented businesses, catering to that demographic. It is a great one, but cannot be taken lightly. Assisted Living is a great example, in that a lot of people jumped into that one already and, in some areas, there are vanancies due to over-saturation of the area.

Look around. Talk to City/County councils on aging and get input from them. Read AARP magazine and other Web Sites and publications that cater to the needs of Seniors.

Sep 29, 2009
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Fiesta Auto Insurance Franchise
Franchise Business Development
Orange County, CA

Insurance and Taxes. www.fiestafranchise.com

Sep 28, 2009
Chuck Woolweaver
FranchiseConsulting.Net
Franchise Your Business in 60 Days
Palm Beach County, FL

Anything in the medical industry.

As a licensed Florida Business Broker, I have many listed that don't require you to be a doctor to own or they have a contract with a doctor that will stay after the sale.

Sep 26, 2009