Senior Roommate Matching Service

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Startup Cost
$8,000-$40,000
Difficulty
Beginner
Time to Profit
8-15 months
Profit Potential
$50,000-$240,000/year

Overview

Senior roommate matching services connect older adults seeking to share housing reducing isolation and expenses.

With housing costs high, 25% of seniors living alone, and companionship valued, matching generates revenue of $80,000-$280,000 with 75-90% margins through matching fees.

The business requires database platform, screening processes, matching criteria, legal documents, and relationship support.

Services include senior screening and matching, home sharing agreements, compatibility assessment, lease consultation, ongoing support, and safety protocols.

Pricing typically $500-$2,000 matching fee plus optional ongoing support.

Success factors include thorough screening and background checks, personality and lifestyle compatibility matching, legal home sharing agreements, safety and security protocols, and supporting successful matches.

Marketing focuses on senior centers, area agencies on aging, and housing counseling.

With senior housing costs, isolation, and home sharing appealing in 2025, roommate matching offers affordable companionship opportunities reducing senior isolation and housing costs.

Required Skills

  • Senior compatibility assessment
  • Background screening
  • Home sharing legal knowledge
  • Conflict mediation
  • Safety protocols
  • Relationship support

Pros and Cons

Pros

  • Very high margins
  • Low startup costs
  • Addressing isolation and housing
  • Growing home sharing acceptance
  • Ongoing support revenue

Cons

  • Liability concerns
  • Thorough screening critical
  • Relationship challenges
  • Building inventory of seniors
  • Legal complexity

How to Get Started

  1. Develop screening process
  2. Create matching platform
  3. Prepare legal agreements
  4. Set up background checks
  5. Build senior inventory
  6. Market to seniors and agencies
  7. Support successful matches

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