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Trends in senior living

Mike Switzer
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Mike Switzer

In case you haven’t noticed, the number of senior living communities has been increasing dramatically over the past decade. Which means it's a fast-growing business to be in, which is right where our next guest is. Danny Sanford is CEO of Still Hopes Episcopal Retirement Community in West Columbia, SC.

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.