Senior Care Authority

Overview

Website: www.seniorcareauthority.com

Franchise Fee: $52,500

Royalties: 8% of your Gross Sales, subject

Cash Investment: $65,250

Total Investment: $85,255 - $107,725

Net Worth: $150,000

VetFran: Yes

SBA Approved: Yes

Master Franchise / Area Developer Opportunity: No

Additional Details

Senior Residential Placement provides assistance to help identify the best location for seniors to live and be cared for at no additional cost to families. These locations can range from larger assisted living communities to smaller residential care homes to locations that specialize in memory care. This unique service simplifies the otherwise daunting process of looking for assisted living and other care services, saving your clients time and money while helping to eliminate the stresses associated with this transition. Earnings come from the commissions paid by residential care homes, assisted living and memory care communities.
About 70 percent of individuals over age 65 will require at least some type of long-term care services during their lifetime – U.S. Department of Health and Human Services
In 2050, the number of Americans aged 65 and older is projected to be 88.5 million, more than double its projected population of 40.2 million in 2010 – U.S. Census Bureau
Between 2010 and 2030, the age 75-84 group will increase by more than 86 percent, the age 85+ group by 57 percent, and the overall age 75+ group by 77 percent – U.S. Census Bureau
WHY Senior Care Authority?
Proven system with extremely satisfied franchisees.
Flexible training program... own pace. Videos available for franchisee to review again even after starting the business.
Lead generation program through company’s online marketing efforts and strategic alliances. Leads automatically populate into Company’s state-of-the-art Customer Relationship Management (CRM) program designed for Senior Placement Agencies.
OUR IDEAL FRANCHISEE
Self starter
Strong networker
Passion to help the elderly and work with their adult children
Wanting to be part of the “silver tsunami” at a lower investment than other senior care models (i.e. – in-home non-medical care)
AVAILABLE MARKETS
States/Countries Registered: All except noted below
HOT Regions/Desirable: All available
NOT available: AK, HI, ND, NJ, SD
Available in Canada: No
International Referrals: No
BACKGROUND
Franchised Units: 100+
Company Owned Units: 3
Projected New Units (12 months): 24
Established: 2009
First Franchised: 2014
Owner operator business model, semi-absentee/passive ownership not allowed.
Average # of Employees: 1 – 2 (including self)
FINANCIAL DETAILS
Franchise Fee: $52,500/Single Unit
Provide earnings guidance in Item 19 in our FDD: Yes
Onboarding Fee: $12,750
Multi-Units: 2 units-$95,000; 3 Units-$132,000
Total investment range: $85,255 - $107,725
Liquidity (Cash, stocks, bonds) requirement: $65,000
Minimum net worth: $150,000
Royalty: 8% of your Gross Sales, subject to the following monthly minimums for each Marketing Area you purchase: $0 during your first five months of operation; $500 in
months 6-12; $800 in months 13-24; $1,000 in months 25-36; $1,200 in months 37 and beyond
Additional fees: Technology/Marketing $950/month (CRM, Email Marketing, Social Media Platform, Website & Support), Market Introduction Program $10,000 (one-time fee) Financial assistance available: 0
VetFran Program Participant: Yes (no royalty fee - Year 1)
SUPPORT & TRAINING PROVIDED:
Our training program incorporates a self-paced home study industry curriculum including training taught by specialists in nursing, geriatric care, assisted living, in-home care, dementia, hospital administration, elder law attorneys and placement. Further training includes technol

Why Senior Care Authority?

Our Ideal Franchisee

Available Markets

Background

Year founded: 2009

Year Franchised: 2014

Home Based: Yes

Financial Details

Franchise Fee:$52,500
Providing Earnings Guidance in Item 19 in FDD:Yes
Total Investment Range: Single Unit: $85,255 - $107,725
Net Worth Requirement:$150,000
Royalty:8% of your Gross Sales, subject
VetFran Program:Yes

Available Resales

There are currently no resales listed for this franchise.

Support & Training Provided

Training and support program details: