
Website: www.discovermajesticresidences.com/
Franchise Fee: $49,500
Royalties: 6%
Cash Investment: $150,000
Total Investment: $133,190 - $870,185
Net Worth: $500,000
VetFran: No
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: No
Our franchisees operate and manage non-medical residential care homes. Franchisees purchase or lease a
home in a residential neighborhood, obtain licensing from the state and provide 24-hour residential care to
seniors who need varying degrees of assistance with their activities of daily living (ADLs), such as eating,
dressing, bathing etc. Typical residential care homes vary from 6 residents to 16 residents depending on their
state regulations.
Even with COVID-19 upon us, the smaller Residential Assisted Living Homes are in demand.
Majestic Residences franchisees take advantage of years of professional franchising, branding, marketing, and residential care home operational experience to increase their profitability. Our partnerships help our franchisees meet their personal and business goals. Majestic Residences’ strategy includes merging national branding like the national providers with the excellent care of residential homes, and the customer services of a five-star resort.
WHY Majestic Residences?
Dual investment growth opportunity – real estate investment and business equity.
Proprietary technology for easier business management.
Semi-Absentee ownership - once the franchisee hires an administrator and staff.
OUR IDEAL FRANCHISEE
Real Estate background is a plus.
Previous experience in running a business is a plus.
Experience in staffing and hiring management.
AVAILABLE MARKETS
US markets available: All except listed below
HOT Regions/Desirable: TX
NOT available: CA, IL, ND, NY, RI, SD, WA
Available in Canada: No
International Referrals: No
BACKGROUND
Year founded: 2020
Year Franchised: 2021
Number of franchises currently operating: 17
Number of corporate owned franchises: 0
Home Based: No
Absentee ownership available: Yes
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 5
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $49,500
Providing earnings guidance in Item 19 in FDD: No
Total investment range: Single: $133,190 - $870,185
Net worth requirement: $500,000
Royalty: 6%
Additional fees: Monthly Technology Fee $300. Grand opening package fee (Majestic Moments Package) $5,000
Financial assistance available: No
VetFran program: No
SUPPORT & TRAINING PROVIDED
Training and support program details:
3 Phases of Initial Training - Training entails a combination of Self-Study, in person / classroom training in
Arizona and on-site training, in the Home.
The total training will last approximately 2 weeks spread out over the three phases.
PLUS: Continuous training via national webinars and regional coaching clinics and our National
Convention held annually
Cost for Training: $0
Lodging and airfare included: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Mentor following training: Yes
Length of mentoring Franchisee: Ongoing training program
Year founded: 2020
Year Franchised: 2021
Home Based: No
| Franchise Fee: | $49,500 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | No |
| Total Investment Range: |
Single Unit: $133,190 - $870,185 |
| Net Worth Requirement: | $500,000 |
| Royalty: | 6% |
| VetFran Program: | No |
There are currently no resales listed for this franchise.