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.
Why Senior Care Industry?
Why Senior Care Authority?
Our ideal franchisee / candidate:
Franchised Units: 34
Company Owned Units: 1
International Markets: Launching in Canada in 2018
Franchise Fee: $49,500/Single Unit, $39,500 for 2nd Unit
Multi-Unit - 3 Units $109,500, 5 Units $159,500, 7 Units $209,500
Total investment range: $52,350 to $78,150
Liquidity (Cash, stocks, bonds) requirement: $50,000
Minimum net worth: $100,000
Royalty: Greater of 7% or $300/mo 6-12, $400/mo Year 2, $500/mo Year 3 and beyond
Additional fees: Technology/Marketing $575/month (CRM, Email Marketing, Social Media Platform, Website & Support), Market Introduction Program $5,000-$10,000 (one-time fee)
Financial assistance available: None. We refer to funding partners.
Average # of Employees: 1 – 2 (including self)
Passive Ownership Allowed: Possible with proper infrastructure
VetFran Program Participant: Yes (no royalty fee - Year 1)
SBA Registered: Yes
Provide earnings guidance in Item 19 in our FDD: Yes
Training & Support
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 technology and business development, territory development training and mentoring. Upon completion of training, a one-on-one coaching and mentoring program for 3+ months. All franchisees receive ongoing mentoring for the life of their franchise as needed.
An SCA franchise can be ready to start their business in as little as 6-8 weeks!