Established – Senior Care Franchises
This is an established business, this is NOT a brand-new franchise or start-up opportunity.
This company was originally started in 2008. This business provides the public along with non-medical in-residence personal care, skilled nursing services, and assisted living/residential care placement services. The business functions as an Area Representative and coaches, supports, and trains its local Franchisees in cooperation along with the Corporate Office.
As an Area Representative, you will earn 50% of all royalties received from the Franchisees that you support in your area. The current royalty for Franchisees is 4-6% of gross revenue, so you will earn 2-3% of the gross revenues from the Franchisees that you coach and support in your territory.
The sale includes the rights to the development of over two dozen brand-new franchises and transfer of several existing franchises. The territories include Cleveland, Toledo, Akron/Canton, Youngstown and Southeast Ohio.
In addition, you will earn up to 50% of any Franchise fees generated from the sale of the brand-new territories. You can recoup a considerable portion of your first investment along with the sale of the undeveloped Franchises.
As a brand-new business owner, your primary duty will be to help support your local Franchisees. You will not be functioning as a traditional Franchisee. Your local Franchisees will be providing three primary services to the public, and you will be providing the Franchisees along with coaching, mentoring, and advice in your role. Your role is called an ”Area Representative”. You will have actually a contract between your business entity (LLC or otherwise) and ABC Corporate that will spell out the details of your responsibilities and role.
This franchise was rated as one of the Top 10 Fastest Growing Franchises by Allbusiness.com, a Dun & Bradstreet Company.