Elder-Well Adult Day Program

Nonmedical adult day care
Units as of 2021
N/A Yearly Data not available
2021 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$52K - $149K

Company Overview

Are you looking for guidance and expert advice?

Entrepreneur Franchise Advisors will guide you through the franchising process from start to finish, for FREE.

About Elder-Well Adult Day Program

Related Categories
Senior Care, Personal-Care Businesses,
Founded
2019
Parent Company
Spend the Day Franchising Inc.
Leadership
Kara Harvey, Founder and CEO

Franchising Overview

Franchising Since
2019 (2 years)
# of employees at HQ
5
Where seeking
Franchisor is seeking new franchise units throughout the U.S.

Franchisor Information

Social
Twitter Facebook
Corporate Address
945 Concord St., #213
Framingham, MA 01701

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
$37,000 - $42,500
Initial Investment
$51,800 - $149,200
Net Worth Requirement
$150,000
Cash Requirement
$45,000
Royalty Fee
8-6%
Ad Royalty Fee
1%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Are you unsure which franchise is right for you?

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
Additional Training
Online training
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

Buying a franchise is hard, we make it easy

Our Franchise Advisors are here to help make your franchise dreams a reality. They’ll provide guidance and support throughout your journey to make the process of opening a franchise seamless.

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Elder-Well Adult Day Program.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

What Preschools Get Right and Franchisors Get Wrong

Franchise Brands Need to Better Promote Franchisees' Confidence and Competence

Scott Greenberg

· 5 min read

Why Emerging Franchisors Need a Virtual (Assistant) Army For Growth

Using outsourced talent can help an emerging franchisor grow their business without overextending themselves

Ruth Agbaji

· 5 min read

Free On-Demand Webinar: 3 Myths & Truths of Owning a Franchise

There are a lot of rumors surrounding what it's like to own a franchise, so how can you tell what's fact from fiction?

Scott Greenberg

Free On-Demand Webinar: How to Overcome the Five Mental Pitfalls of Running a Franchise

As a franchise owner, you don't just run a business-you feel your business.

Scott Greenberg

Free On-Demand Webinar: 3 Essential Steps for Becoming a Wealthy Franchisee

Top-ranked franchisees have certain strategies and routines in common that lead to their successes.

Scott Greenberg

What Franchisors Need to Know When Hiring a Marketing Agency

To create consistency (and success) across multiple locations, franchises should find a marketing agency that understands their story-and knows how to tell it across platforms.

Frances Dodds

· 3 min read
Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
For reprints and licensing questions, click here.