Javascript is not enabled.

Javascript must be enabled to use this site. Please enable Javascript in your browser and try again.

Skip to content
Content starts here
Leaving AARP.org Website

You are now leaving AARP.org and going to a website that is not operated by AARP. A different privacy policy and terms of service will apply.

Second Careers: Franchise Store Owner

He invested in a proven concept

Franchise store owner Miguel Escobar, 59, and his wife Maria Vidal-Escobar
Husband and wife Maria Vidal-Escobar and Miguel Escobar bought a pool and patio franchise.
Poon Watchara-Amphaiwan

MIGUEL ESCOBAR, 59 | $0 salary in first year

"If you are used to working hard, think about doing it for yourself."

Franchise store owner Miguel Escobar and Maria Vidal-Escobar
Sam Comen

Home: Cypress, Texas

Previous life: Oil industry product manager

member card

AARP Membership — $12 for your first year when you sign up for Automatic Renewal

Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine.

Join Now

Why he did it: My department was restructured in a downsizing. As I revised my CV and contemplated marketing myself as a 58-year-old, I also attended a seminar on entrepreneurship. I thought, all the hard work I’d have to do to restart my career could be used to benefit my own project.  

See more Entertainment offers >

What he learned: The franchise concept appealed to my wife and me. We were buying into a proven business concept that would limit some of the risk. The franchisor, Pinch a Penny Pool Patio and Spa, helped us select the market area and helps with marketing and advertising design. We’re living on savings now, but our future income depends on our hard work.  

What you need to know: Select a franchise that complements skills you acquired in your previous career. Franchising allows boomers like us to start a business without having to build it from scratch.

membership-card-w-shadow-192x134

AARP Membership — $12 for your first year when you sign up for Automatic Renewal

Get instant access to members-only products and hundreds of discounts, a free second membership, and a subscription to AARP the Magazine.