- 2022 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.3M - $2M
- Unit data is unavailable
-
N/A
Here’s what you need to know if you’re interested in opening a SH Town Square franchise.
SH Town Square offers unique care services to supplement existing adult health care programs. The company caters specifically to the elderly who are unable to live independently. This includes elderly people who have disabilities associated with old age, particularly dementia or Alzheimer's. SH Town Square designed its activities to stimulate the body and mind using Reminiscence Therapy.
A SH Town Square center may work to recreate a 1950s-themed town square with different mid-century storefronts. The hope is that people will connect to the mid-century styles as most of their clientele grew up during the 1950s. By evoking strong sensory memories from their past and immersing them in that environment, SH Town Square seeks to improve the lives of those who enter the facility.
Why You May Want to Start a SH Town Square Franchise
The SH Town Square business model is designed to deliver the best to its clients and the most effective practices to its franchisees. The company's core values include integrity, quality of life, effective communication, positive attitude, and celebration of life. As a franchisee, you may find that you have immediate access to the resources you need for both your business and the people you help thrive upon opening a SH Town Square franchise.
Because of this, a SH Town Square franchise may be a satisfying opportunity for someone who enjoys caring for others, creative thinking, and compassionate problem solving. It would help if you also were business-oriented. You do not necessarily need any medical background.
Franchisees will most likely receive relevant training, marketing support, and professional assistance from the company. Training sessions and other programs may be available to your employees continuously.
What Might Make a SH Town Square Franchise a Good Choice?
Senior services will probably remain in high demand, as the life expectancy of the average American is only expected to increase with time. With this opportunity, you might build a business that has clients year-round. SH Town Square may also provide important resources and services for your community.
How to Open a SH Town Square Franchise
To be part of the SH Town Square team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. You may want to consider undertaking any additional training you'd want to go through before applying in order to make yourself a more desirable candidate.
Speak to existing franchisees and ask questions directed to the SH Town Square team. Ask them what the challenges of working with seniors are, what you're liable for, the kinds of events they hold at their location, and whatever else may come to mind.
You'll also want to consider your physical location and local market. Depending on the services you choose, you can either be directed on how to construct the Town Square or the company can build the Town Square for you. Research senior housing facilities, assisted living, and nursing homes near you.
If you qualify as a franchisee, you may be able to create a hometown experience that brings people back to their youth.
Company Overview
About SH Town Square
- Founded
- 2018
- Parent Company
- SHF Holding Co. LLC
- Leadership
- Peter Ross, CEO
Franchising Overview
- Franchising Since
- 2018 (4 years)
- # of employees at HQ
- 38
- Where seeking
-
This company is seeking new franchisees in the following US states:
Franchisor Information
- Corporate Address
-
901 Dulaney Valley Rd., #700
Towson, MD 21204
Information for Franchisees
Here’s what you need to know if you’re interested in opening a SH Town Square 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
- $100,000
- Initial Investment
- $1,279,000 - $1,964,000
- Net Worth Requirement
- $650,000
- Cash Requirement
- $400,000
- Veteran Incentives
- 10% off franchise fee
- Royalty Fee
- 6%
- Ad Royalty Fee
- 2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
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
- ongoing
- Classroom Training
- 43 hours
- Ongoing Support
-
Meetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Work with our free FranCoach and get what you need to start a SH Town Square franchise.
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 Franchise Content
Catch up on the latest franchise news, trends, and more.
Picking a Winning Emerging Brand Is How You Get Rich in Franchising. Here's How to Spot One.
The key to generating wealth through franchising is to invest in an emerging brand. Here are 5 ways to help ensure you pick a winner.
Follow These Essential Steps Before Purchasing a Franchise
A step-by-step look at becoming a franchisee.
What's Hot in Automotive Franchising Right Now?
Automotive franchising is a category that will supercharge your entrepreneurial outlook.
Why Restaurants Depend on Location, Location, Location
Zip codes, demographics and the local population will dictate the success of your establishment.
The Founders of Cousins Maine Lobster Grow By Treating Everyone Like Cousins
They look for franchisees that feel like they could be family.
4 Qualities Restaurant Franchisors Look For in a Franchisee
When it comes to franchising, it's all about the perfect match between franchisor and franchisee, especially in something as fast-paced as restaurant ownership.