- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$65K - $100K
- Units as of 2022
108 35.0% over 3 years
Oasis Senior Advisors is a consultancy firm focused on seniors and families trying to find solutions that best meet their needs. Options regarding senior care are growing almost as fast as the senior population itself. Navigating through the possibilities can be exhausting, especially considering lifestyle, budget, medical conditions, and other issues that can affect decisions.
Through its proven business system, robust support infrastructure, and multi-funding options, franchisees may be able to provide high-demand services. Another important advantage of the Oasis Senior Advisors brand is its proprietary platform. It is designed to fuse community and business management, especially when compared to other senior care franchises. This may allow you to manage referrals and placements with greater accuracy and overall efficiency.
By joining the Oasis Senior Advisors family, you will have the opportunity to build your future while helping seniors map theirs.
Why You May Want to Start an Oasis Senior Advisors Franchise?
In America, over 54 million seniors are composing about 17% of the total population. This leaves a wide range of potential clients for an Oasis Senior Advisors franchisee to pursue.
While not all senior care consulting companies thrive, this is where an Oasis Senior Advisors franchise makes the difference.
What Might Make an Oasis Senior Advisors Franchise a Good Choice?
To be part of the Oasis Senior Advisors team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. You should also be prepared for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. It may be beneficial for you to meet with an attorney or financial advisor when deciding if you are financially stable enough to open an Oasis Senior Advisors franchise.
Along with your franchise fee, your initial investment will consist of a business administrative setup fee, computer and tablet, supplies, senior advisor certification, travel and living costs during training, insurance, and a three-month budget for marketing and other expenses. Furthermore, you may receive visits from the company’s trainers, attend annual conferences and online training and webinars, and receive peer-to-peer support.
How To Open an Oasis Senior Advisors Franchise
The first stage of the franchise application process is submitting a franchise inquiry form. If you pass preliminary checks, you may have a few get-to-know-you conversations with the brand's franchise representatives.
Oasis Senior Advisors may invite you to meet the whole team at company headquarters in Bonita Springs, Florida. This may allow you to get to know the different areas of support you will receive as a potential franchisee. The company’s CEO may also want to meet you to make a formal introduction. Once decided on the opportunity, you will sign the franchise agreement and make arrangements for training at the company’s Bonita Springs, Florida headquarters. After completing the training sessions, you should be ready to open your new business with the team's full support.
About Oasis Senior Advisors
|Franchising Since||2014 (9 years)|
|# of employees at HQ||14|
This company is offering new franchisees throughout the US.
|# of Units||108 (as of 2022)|
Information for Franchisees
Here's what you need to know if you're interested in opening a Oasis Senior Advisors 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
|$40,000 - $70,000|
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
|$64,890 - $99,590|
Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
|10% off franchise fee|
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
Term of Agreement
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
|Is franchise term renewable?||Yes|
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing||Oasis Senior Advisors has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs|
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||7 hours|
|Classroom Training||28.5 hours|
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?||No|
Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
|# of employees required to run||1|
Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Oasis Senior Advisors? Request a free consultation with a Franchise Advisor now.
Are you eager to see what else is out there? Browse franchises that are similar to Oasis Senior Advisors.
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