My Elder
Senior advocacy

My Elder
Senior advocacy

About
Founded

2004

Franchising Since

2014 (5 Years)

Corporate Address

10 Bond St., #446
Great Neck, NY 11021

CEO

Claudine Halpern

Parent Company

My Elder Advocate

Financial Requirements
Initial Investment

$71,250 - $175,600

Net-worth Requirement

$250,000 - $500,000

Liquid Cash Requirement

$150,000 - $250,000

Ongoing Fees
Initial Franchise Fee

$59,500 - $125,500

Ongoing Royalty Fee

8%

Ad Royalty Fee

2%

Financing Options

My Elder has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs

Veteran Incentives

5% off franchise fee

Support Options
Ongoing Support

Newsletter

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

On-The-Job Training:

40 hours

Classroom Training:

40 hours

Additional Training:

As needed

Absentee Ownership Allowed
Number of Employees Required to Run:

2

Cost
Initial Investment: Low - $71,250 High - $175,600
Units
+150.0%+3 UNITS (1 Year) +400.0%+4 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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 17th, 2019