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Entrepreneur: Start & Grow Your Business

Aging Excellence

Nonmedical senior-care services

Background

Founded: 1999 Franchising since: 2003
115 Middle St., #100
Portland, Maine 04104
Phone:
(207)771-0991


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 6 0 0 1
2008 6 0 0 1
2007 5 0 0 1
2006 3 0 0 1
2005 3 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $43K-66K
Franchise fee: $25K
Ongoing royalty fee: 5%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K
Business Experience:
  • General business experience
  • Marketing skills

Operations
  • 100% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 14 - 14
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 1 week
  • At franchisee's location: 2 days
  • Other training available

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising