Elder-Well Adult Day Program

Nonmedical adult day care
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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$52K - $149K
Unit data is unavailable
N/A

Company Overview

About Elder-Well Adult Day Program

Industry Personal-Care Businesses
Related Categories Senior Care
Founded 2019
Parent Company Spend the Day Franchising Inc.
Leadership Kara Harvey, Founder and CEO
Corporate Address 945 Concord St., #213
Framingham, MA 01701
Social Facebook, Twitter

Business Overview

Franchising Since 2019 (5 years)
# of employees at HQ 5
Where seeking

This company is offering new franchises in the following US states:

Information for Franchisees

Here's what you need to know if you're interested in opening a Elder-Well Adult Day Program franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$37,000 - $42,500
Initial Investment Information Circle
$51,800 - $149,200
Net Worth Requirement Information Circle
$150,000
Cash Requirement Information Circle
$45,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
8-6%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
5 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing Elder-Well Adult Day Program has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training as needed
Classroom Training 30 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
No
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Updated: December 12th, 2022